The corporate in India will need to raise about Rs 115-125 lakh crore in debt between FY26 and FY30 to fund capital expenditure (capex), working capital, and the financing needs of non-banking financial companies (NBFCs), according to a report by Crisil.
"This budget has neither got certain purpose nor any physical consultation. The state's debt load has increased, and last year's performance was very poor. It is pushing the state into a financial crisis...This is an anti-development budget," Bommai told ANI.
New Delhi [India], February 27: Sunsure Energy, the preferred renewable energy solution provider for India's leading businesses transitioning to green power, has announced INR 128.82 crore long-term debt financing from Tata Capital and Aditya Birla Finance Limited (ABFL). This financing has
Referring to the state's recently released statistical report, which highlights the achievements of the past 10 years, Rao criticized Congress leaders, especially the Chief Minister, for their claims of Telangana being a debt-ridden state.
She stated that Congress Leader Priyanka Gandhi was invited from Delhi to secure promises, including offering Rs 12 lakh instead of Rs 10 lakh to Dalit families under Dalit Bandhu, which she claimed was a deceit. Kavitha also criticized CM Revanth Reddy for mismanaging the state's finances a
Nashik (Maharashtra) [India], February 19: Board of directors of Nashik based, KBC Global Ltd, BSE - 541161 engaged in the business of construction and real estate development in the meeting held on 15 February has approved Bonus issue in the ratio of 1:1 (one bonus equity share for every on
Pune (Maharashtra) [India], February 18: With a quick loan app, borrowers can easily secure a collateral-free loan via their mobile phone anytime, anywhere. One such platform is the OneScore app, which gives its users complete transparency all through the borrowing process, starting from cre
The National Council of Applied Economic Research (NCAER) has released a report highlighting Gujarat's exemplary fiscal management, positioning it as one of the financially strongest states in India. As per report, Gujarat has reduced its public debt-to-GSDP ratio in last 10 years by 4.5 per
"Revanth Reddy is stuck in a dilemma because he speaks only what Congress leaders Sonia Gandhi and Rahul Gandhi send him. He does not have subject knowledge. The previous government in Telangana had made a debt of Rs 8 lakh crores on the state and after Reddy came to power, the debt has incr
Gujarat has made significant strides in improving its fiscal health, with a reduction in its debt-to-Gross State Domestic Product (GSDP) ratio by 4.5 per cent, the highest among the 21 largest states in India. The achievement was highlighted by Gujarat Chief Minister Bhupendra Patel
Mumbai (Maharashtra) [India], February 13: Syndicate Finance, a trailblazer in the financial services sector, is revolutionizing debt-based funding solutions to help businesses access cost-effective capital. With an extensive suite of funding options, Syndicate Finance ensures seamless finan