Mumbai (Maharashtra) [India], December 24 (ANI): Surat-based speciality chemicals company Anupam Rasayan has filed its draft red herring prospectus (DRHP) with the stock market regulator to raise an aggregate of Rs 760 crore.
New Delhi [India], December 23 (ANI): Telecom service providers (telcos) are expected to dial in next round of tariff hikes over the next one or two quarters which is likely to drive revenue growth in the next financial year (FY2021-22), according to investment information firm ICRA.
Singapore, Dec 17 (ANI): As the coronavirus pandemic drags on, regulators in ASEAN and India are facing a need to strike a balance between continuing to support some borrowers and weaning others off debt relief measures introduced at the onset of outbreak, according to Moody's Investors Serv
Ahmedabad (Gujarat) [India], December 15 (ANI): Adani Ports and Special Economic Zone (APSEZ) has said its joint venture will raise USD 300 million to shake off its debt.
Singapore, December 14 (ANI): COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy and credit metrics, S&P Global Ratings said on Monday.
Beijing [China], December 13 (ANI): China has again bailed out Pakistan as it has agreed to provide USD 1.5 billion financing line to repay the USD 2 billion Saudi Arabia debt, sources told Express Tribune.
Singapore, December 11 (ANI): S&P Global Ratings on Friday lowered its long-term foreign and local currency sovereign credit ratings on Sri Lanka to CCC-plus from B-minus.
Chennai (Tamil Nadu) / Bengaluru (Karnataka) [India], December 10 (ANI/BusinessWire India): WayCool Foods, India's largest agri supply chain startup, has raised USD 7.8 million in debt from Samunnati, RBL Bank, and InnoVen Capital.
New York [US], December 10 (ANI): Moody's Investors Service has affirmed the ratings of Axis Capital Holdings and its subsidiaries, including the Baa1 guaranteed senior debt of its financing subsidiaries and the A2 insurance financial strength ratings of its principal operating subsidiaries.
Bengaluru (Karnataka) [India], December 7 (ANI): Coffee Day Enterprises Ltd (CDEL) said on Monday that Malavika Hegde, the wife of its late founder V G Siddhartha, has been appointed as the company's Chief Executive Officer.
Mumbai (Maharashtra) [India], December 4 (ANI): Coastal Gujarat Power Ltd (CGPL), a wholly-owned subsidiary of Tata Power, has repaid Rs 1,550 crore of bank loans to make its operations more self-sustainable.
New Delhi [India], December 4 (ANI): The Indian aviation industry is expected to report a net loss of Rs 21,000 crore in the current financial year (FY21) against a net loss of Rs 12,700 crore in FY20 due to lower revenues and high fixed costs, according to ICRA.