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Reliance secures record Japan financing after S&P upgrade to A-Reliance Industries Limited achieved a major milestone by securing the largest Samurai loan ever for an Indian company. It also completed t...- Avaada seeks $800 million to refinance Brookfield Asset Management debtAvaada Group is raising $800 million to refinance existing debt. This move aims to reduce finance costs before the group's planned public m...
- US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
- Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
- SoftBank races to fulfil $22.5 billion funding commitment to OpenAI by year-end, sources saySoftBank is rushing to raise $22.5 billion to fund OpenAI, selling assets and considering loans backed by Arm shares. Masayoshi Son has slo...
- Aptus Value Housing Finance Q2 Results: Profit rises 22% to Rs 182 crore; dividend declaredAptus Value Housing Finance India Ltd on Tuesday reported a 22% year-on-year rise in net profit at Rs 182 crore in the second quarter of th...
- Can Fin Homes Q4 Results: Net profit rises 26% YoY to Rs 209 croreThe board of the company has also approved raising up to Rs 2100 crore by selling non-convertible debentures. This was part of the undrawn ...
- Aptus Value Housing Finance Q2 Results: PAT rises 11% YoY to Rs 119 croreThe Chennai-based lender's share price turned volatile after the release of the quarterly numbers. It fell to its intra-day low to Rs 282.1...
- Go First creditors greenlight revival planGoFirst’s creditors have approved a business plan for revival of the airline. As part of the business plan, Go First’s RP has sought Rs 425...
- Lenders reject Go First’s pleas for undrawn fundsGo First has undrawn limits of about Rs 200 crore under the government’s emergency credit line guarantee scheme (ECLGS), which was introduc...
- India's poultry industry on the rebound, set to post healthy profits in FY2021, says ICRAThe domestic poultry industry has bounced back smartly since June 2020 after grappling with a tough period in the last two months of FY2020...
- Sales for large, listed realty players decline 11% in Jan-MarchNotably though, this decline remained significantly lower than the 30-40% Y-o-Y reduction witnessed in sales across key markets at an overa...
- ArcelorMittal receives underwriting commitments for a new $3 billion credit facilityWhile the world's largest steelmaker said it has no immediate need to draw upon this facility, it will provide the company "additional fina...
- Edelweiss shares crack 12% on stake sale buzzEdelweiss advises assets of over Rs 1 lakh crore and has a client base of over 4.8 lakh.
- RBI releases draft norms to modify loan system for large borrowersAccordingly, for such borrowers, the outstanding 'loan component' must be equal to at least 40 percent of the sanctioned fund based working...
- Working capital loans to now come with withdrawal commitment & fees“The introduction of a mandatory loan requirement in working capital loans will provide the much-needed credit discipline,” said State Bank...
- Bank treasury to get more flexibility in managing surplus cashThe RBI said large borrowers will have to stipulate a minimum level of 'loan component' in fund-based working capital finance to promote gr...
- NBFCs, MFIs credit profiles face liquidity test: ReportThis is expected to provide some respite to the non-banks in managing asset quality in the interim period.
- India's undrawn external loan amounts to Rs 95,487 cr: PranabIndia's undrawn external loan from multilateral agencies like the World Bank and the Asian Development Bank amounted to a huge Rs 95,487 cr...
- Banks cancel undrawn loan limits to firmsA new form of window-dressing is now being practised by local banks to skirt rules on capital for loans granted to corporates which have co...
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