Mumbai (Maharashtra) [India], June 1 (ANI): Air conditioning and commercial refrigeration major Blue Star said on Monday it has completed the raising of Rs 350 crore through the private placement of non-convertible debentures (NCDs).
Mumbai (Maharashtra) [India], May 26 (ANI): India Ratings and Research (Ind-Ra) expects the aggregate fiscal deficit of states to now rise to 4.5 per cent of gross domestic product (GDP) in FY21 as against the agency's earlier forecast of 3 per cent.
New Delhi [India], May 16 (ANI): The government's announcement of enhancing gross borrowings to Rs 12 lakh crore from the budgeted Rs 7.8 lakh crore in FY21 will largely take care of the revenue shortfall, leaving little space for fiscal stimulus, unless the Centre sharply cuts the budgeted
New Delhi [India], May 1 (ANI): PNB Housing Finance said on Friday that Crisil has re-affirmed credit rating of its bank borrowing and non-convertible debentures (NCDs) at AA and fixed deposits at AA-plus.
Mumbai (Maharashtra) [India], Jan 8 (ANI): The share price of Suzlon Energy dipped by 10 per cent on Wednesday morning after the financially-strapped renewable energy solutions provider said it defaulted on loans worth Rs 7,256.38 crore.
New Delhi [India], Nov 27 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the increase in authorised capital of Food Corporation of India (FCI) from existing Rs 3,500 crore to Rs 10,000 crore.
Mumbai (Maharashtra) [India], Oct 25 (ANI): Automaker Tata Motors on Friday reported a consolidated loss of Rs 216 crore for the second quarter of current fiscal against a loss of Rs 1,049 crore in the same period of previous fiscal amid slowing demand for passenger and commercial vehicles i
Mumbai (Maharashtra) [India], Oct 1 (ANI): India's current account deficit (CAD) narrowed to 14.3 billion dollars or two per cent of the gross domestic product (GDP) during April to June, data released by the Reserve Bank of India showed.
Mumbai (Maharashtra) [India], July 4 (ANI): ICRA has downgraded tea producing company McLeod Russel India's credit rating to default for borrowings worth Rs 1,031.09 crore.
Mumbai (Maharashtra) [India], May 9 (ANI): A mismatch between demand and supply of state development loans can affect the cost of borrowings for state governments over the next five years, eminent economists said at a crucial meeting of the 15th Finance Commission.
New Delhi [India], Oct 30 (ANI): Amid reports of laundering money through a shell company based in Kolkata, interim Central Bureau of Investigation (CBI) director M Nageswara Rao on Tuesday rubbished the charge and clarified that the money was borrowed by his wife from her "longtime family f
New Delhi [India], May 17 (ANI): The permissible limits on borrowings under the fiscal consolidation roadmap need to be equally applicable to the Centre and States in the context of overall macroeconomic framework, opined the leading economists in a meeting with the 15th Finance Commission,