Hong Kong, January 20 (ANI): India's reform agenda may help to support medium-term growth and partially offset downside pressures to investment from renewed asset-quality challenges in the financial sector and damaged corporate balance sheets, Fitch Ratings said on Wednesday.
Mumbai (Maharashtra) [India], December 30 (ANI): Agrochemicals manufacturer UPL has completed the pre-payment of USD 410 million of 3.25 per cent senior notes due in October 2021.
Mumbai (Maharashtra) [India], November 11 (ANI): Indulging into some mid-week thought process, actor Shahid Kapoor on Wednesday shared a 'balance sheet of life' that involved facts to be taken care of, alongside a quote by Persian poet Rumi.
Geneva [Switzerland], October 7 (ANI): The International Air Transport Association (IATA) has warned that the global airline industry will burn through 77 billion dollars in cash during the second half of 2020 (almost 13 billion dollars a month or 300,000 dollars per minute) despite the resu
Mumbai (Maharashtra) [India], Aug 25 (ANI): Declining capacity utilisation, weakening of consumption demand and overhang of stressed balance sheets are restraining new investments, the Reserve Bank of India (RBI) said on Tuesday while calling for wide-ranging reforms to regain losses due to
Mumbai (Maharashtra) [India], Aug 5 (ANI): Multiplex chain Inox Leisure Ltd said on Wednesday it suffered a loss of Rs 74 crore in the April to June quarter following closure of movie theatres across India by government orders to contain the spread of Covid-19.
New Delhi [India], July 30 (ANI): Rating agency ICRA has reaffirmed IndiGo's long-term rating at A-plus with a negative outlook but downgraded short-term rating by one notch from A1-plus to A1.
Mumbai (Maharashtra) [India], July 24 (ANI): The Reserve Bank of India's (RBI's) balance sheet has increased by about Rs 9.5 lakh crore since mid-February when the first-long term repo operation (LTRO) was conducted to Rs 54 lakh crore, Motilal Oswal Financial Services said on Friday.
Mumbai (Maharashtra) [India], July 9 (ANI): Private sector lender Yes Bank said on Thursday it has filed documents for its follow-on public offer (FPO) to raise Rs 15,000 crore in a bid to strengthening its balance sheet.
Mumbai (Maharashtra) [India], July 7 (ANI): The shares of Bajaj Finance jumped by 3.9 per cent in the afternoon on Tuesday, a day after the company said it may consider additional accelerated provisioning for COVID-19 in Q1 FY21 and to further strengthen its balance sheet.
Singapore, July 3 (ANI): AM Best has downgraded the financial strength rating (FSR) to B-plus-plus (good) from A-minus (excellent) and the long-term issuer credit rating (ICR) to bbb-plus from a-minus of General Insurance Corporation of India (GIC Re).
Mumbai (Maharashtra) [India], June 19 (ANI): India's largest private sector lender ICICI Bank on Friday divested 1.8 crore equity shares of the face value of Rs 10 each of ICICI Lombard General Insurance Company Ltd on the stock exchange.