Capital

Vedanta seeking $1 bn from global banks to refinance old debt, say sources

Is negotiating with Barclays, JP Morgan, StanChart; fresh fund raising comes within months of the firm having deleveraged its balance sheet by $2 bn

No refinancing, capital plans at HK roadshow, says Adani Group CFO

When asked "Are you looking to refinance any debt?" on the sidelines of the Hong Kong roadshow Tuesday, Singh said: "No, we don't have anything major at all"

Indian banks to issue bonds to maintain capital levels: CARE Ratings

"To support credit-off take, banks are expected to shore up their liability franchise by raising capital (AT1 bonds, other debt instruments such as infrastructure bonds) and deposits," it said

Indian banks' performance till Dec 22 exceeds expectations: Fitch Ratings

The sector's impaired-loan ratio declined to 4.5 per cent in the first 9 months of FY23 (9MFY23), from 6.0 per cent at FY22

Capital crisis in Andhra Pradesh

The idea of three capitals has not been abandoned, even as the state lurches from financial crisis to crisis

The decision on FPO will not have any impact on our operations: Adani

Adani Enterprises to review capital raising plans once shares stabilise

Budget at a glance: Here're the key numbers from Union Budget 2023

A snapshot of the key numbers released by Finance Minister Nirmala Sitharaman in Union Budget 2023

Tata Motors one of many as India Inc turns averse to ADRs and GDRs

Tata Motors joins growing list of domestic firms to delist ADR programme

Iffco, Amul, three others to promote exports of new co-op society

The new cooperative will also provide proper institutional support for aggregation of exportable surplus, working capital, logistics, technical know-how and training

Tata Capital Healthcare Fund infuses $ 10 mn in Mumbai Oncocare Centre

MOC, a unit of Cellcure Cancer Center Pvt Ltd, plans to utilise the newly infused capital to expand across India in next 18 months, the company said in a statement

Removing barriers to entry

Policies should focus on improving the ease of entering business, not just the ease of doing business

India's fintech industry to face a tough 2023 as investments cool: Bain

This year, the Indian regulator, spurred by fraud and malpractice instances in the fintech lending space, stepped up its oversight to regulate it through a series of guidelines

Banks renew AT-1 sales after two-month gap, PSUs lead pack to raise credit

Public sector lenders would end up issuing around Rs 13,500 cr worth of such bonds in coming weeks

Punjab National Bank plans Rs 1,000 cr AT-1 bond issue to shore up capital

The cost of paying coupon on tier-1 bonds, a form of debt, is less than servicing equity capital

BS Number Wise: Indian deal-making enters the slow lane, shows data

There is less money for companies as buyers slow down transactions amid geopolitical tension and higher capital cost.

Spat over format of Andhra Pradesh's capital city rattles global investors

The three-capital plan proposed by the YSR Congress implies a significant shrinkage of the Amaravati project.

Anil Agarwal-led Vedanta group gets shareholder nod to rejig capital

The development acquires significance since Vedanta's holding company, Vedanta Resources, will receive nearly 70 per cent of the dividend to be distributed

How a startup in Pakistan folded just a year after raising $85 million

Airlift started by operating vans and small buses used by office workers and students. When that business slowed during the pandemic, the company pivoted to quick commerce

Red Fort Capital NBFC awarded "Investment Grade" Credit Rating

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Facebook co-founder Eduardo Saverin's B Capital closes $250 mn fund

Ascent Fund II is B Capital's first dedicated early-stage fund. It invests in pre-seed through series A rounds globally, with an emphasis on the US and Asia, including India