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TELCO CREDITWORTHINESS
Vi dials lenders for Rs 23,000 cr term loans, seeks Rs 10,000 cr in bank guaranteesVodafone Idea (Vi) proposes borrowing Rs 23,000 crore in term loans and seeks Rs 10,000 crore in bank guarantees to enhance its telecom inf...
India Stack will be transformative for Indian credit ecosystem: William Lansing, Global CEO, Fico"In India, due to the government's management of infrastructure, we'll quickly understand consumer behaviours that took other countries dec...
View: How Mukesh Ambani will use finance to tighten DNA loopA successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing “DNA loop,” shorthand f...
ATC plans stake sale in India operations, cites weak customer financialsThis comes after its largest customer in the country Vodafone Idea (Vi), in early 2023, said it won't be able to resume payments in full of...
How Mukesh Ambani will use finance to tighten DNA loopA successful fintech loans platform draws upon what the Bank for International Settlements calls a self-reinforcing “DNA loop,” shorthand f...
How Mukesh Ambani will split his empire to avoid his father’s follyAmbani’s first-born, Akash, 30, will succeed him as chairman at India’s No.1 wireless carrier Reliance Jio Infocomm Ltd. The patriarch, who...
An Amazon slayer? New Delhi is closing another door for US tech giants in the countryIn China, homegrown stores like Taobao, Tmall and JD.com have an unshakable dominance in online retail. But now, the only other billion-peo...
SGX Nifty up 60 points; here's what changed for market while you were sleepingAsian stocks rose on Wednesday, as falling bond yields eased concerns about surging inflation, although focus will shift to Chinese markets...
UTI, Nippon India Mutual Fund set aside Voda Idea debtUTI Mutual Fund and Nippon India MF Monday decided to create a segregated portfolio, following in the footsteps of Franklin Templeton Mutua...
Licence fee default unlikely to mean ratings cut for companiesAny revision on credit ratings may only be considered based on a broader sector outlook.
Stocks in the news: Lakshmi Vilas Bank, Nestle, YES Bank, Ramco Cement and L&T FinanceA unit of IIFL Wealth Management has agreed to acquire L&T Finance Holdings’ wealth management business.
Reliance Jio set to raise $500 million in overseas loansTelco needs funds for optic-fibre expansion and to prepare for upcoming spectrum sales.