The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Global liquor companies chase Indian state dues of $400 millionAlcohol industry giants accuse Telangana of breaking accounting rules. The southern Indian state owes them nearly $400 million. Companies s...
India bonds rise as oil slumps on Iran peace deal hopeIndian government bonds saw a significant rise on Friday. This surge was driven by a sharp decline in crude oil prices. Hopes of a breakthr...
GenXAI Analytics shares list at 20% discount to IPO price on NSE SME platformGenXAI Analytics shares listed on the NSE SME platform at a significant discount. The stock opened at Rs 92.8, below its IPO price of Rs 11...
Top Indian state lenders eye first dollar bonds since RBI subsidy, sources sayState Bank of India and Bank of Baroda are stepping into uncharted territory as the inaugural users of the Reserve Bank of India's fresh su...
India bonds surge as oil nears 8-week low on US-Iran deal hopesIndian government bonds rallied early Friday as oil prices plunged, with Brent crude futures easing nearly 2% to $88.66 per barrel. This de...
NCLT admits SBI plea for personal insolvency proceedings against Anil AmbaniMumbai NCLT has admitted SBI's plea to start personal insolvency proceedings against Anil Ambani. This follows a Rs 1,200 crore claim by th...
4 demerged units of Vedanta to make D-Street debut on MondayOn Monday, Anil Agarwal's diversified commodities empire takes a bold step as four of its companies make their debut listings. This strateg...
India's strong growth keeps state finances stable despite deficits, rising debt: S&PIndia's robust economic expansion is shielding state finances from worsening. Despite ongoing spending needs and revenue gaps, strong growt...
India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in MayParag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, ...
India bond demand wanes as US-Iran tensions lift oilIndian government bonds saw reduced demand on Thursday. Renewed U.S.-Iran strikes pushed oil prices higher. This development raises concern...
India's bond tax exemptions set to boost foreign debt inflows and global index inclusion bidIndia is turning heads in the financial world by scrapping taxes on foreign investments in government bonds. This groundbreaking change aim...
SBI in $1 billion funding for Sun Pharma’s US dealState Bank of India is set to commit up to $1 billion to fund Sun Pharmaceutical Industries Ltd.'s $12 billion acquisition of Organon & Co....
Indian bonds draw buyers on RBI measures, softer oilIndian government bonds saw renewed buying on Tuesday. Lower oil prices and Reserve Bank of India measures to attract dollar inflows improv...
War, debt and cuts: The price of Israel's security pushIsrael faces a steep economic challenge. A massive defence budget, driven by ongoing conflicts and Netanyahu's vision for a militarised nat...
Kerala's liabilities top Rs 5 lakh crore; pending dues near Rs 49,000 croreKerala faces a severe fiscal challenge. Total outstanding liabilities have surpassed Rs 5.07 lakh crore. Unpaid dues and deferred payments ...