Pune (Maharashtra) [India], May 4 (ANI/NewsVoir): Working capital is the difference between one's current assets and current liabilities, and it is the fuel that keeps a business running. If one's working capital levels go low, then one's business operations could grind to a standstill.
Mumbai (Maharashtra) [India], March 31 (ANI/NewsVoir): As India approaches a new financial year 2021-22, a C2FO worldwide survey of more than 6,700 leaders of small to mid-sized businesses (SMBs) found surprising alignment in terms of access to liquidity, the cost of borrowing and their outl
Mumbai (Maharashtra) [India], March 31 (ANI/Digpu): Aviator EMF, in a recent round of investments, co-invested in Digikredit's SMEcorner, along with Citrus Global Arbitrage Fund, through NCDs (Non-Convertible Debentures). The investment will go towards Digikredit's working capital and expans
Mumbai (Maharashtra) [India], February 19 (ANI): The credit metrics of fertiliser manufacturers in general and urea manufacturers in particular are likely to improve meaningfully in FY22 due to strong likelihood of clearance of subsidy backlogs after allocation of an additional Rs 62,600 cro
New Delhi [India], February 15 (ANI/NewsVoir): Asia's largest B2B commerce company, Moglix, has announced its foray into the supply chain financing space with the rollout of its digital platform Credlix. Credlix is a digital supply financing platform from Moglix that provides quick collatera
Mumbai (Maharashtra) [India], February 15 (ANI): Infrastructure major Kalpataru Power Transmission Ltd (KPTL) has posted more than two-fold jump in consolidated net profit to Rs 308 crore for the December quarter.
Mumbai (Maharashtra) [India], February 8 (ANI): Aditya Birla Fashion and Retail Ltd (ABFRL) on Monday reported profit after tax of Rs 58 crore on revenues of Rs 2,076 crore during the October to December quarter.
New Delhi [India], Feb 3 (ANI): Consumer electrical and electronics company V-Guard Industries said on Wednesday its consolidated net revenue for the quarter ended December 31, 2020 totalled Rs 835 crore, up by 32 per cent from Rs 632 crore in the corresponding period of previous year.
Chennai (Tamil Nadu) [India], January 28 (ANI/NewsVoir): TVS Motor Company reported highest ever revenue of Rs 5,404 Crores in the third quarter of 2020-21 as against Rs 4,126 Crores in the third quarter of 2019-20 registering a growth of 31 per cent. Company reported highest ever EBITDA of
Mumbai (Maharashtra) [India], January 15 (ANI): India Ratings and Research (Ind-Ra) has downgraded Safety Controls & Devices Pvt Ltd's (SCDPL's) long-term issuer rating to BB with a negative outlook from BB-plus.
Mumbai (Maharashtra) [India], December 30 (ANI): ICRA has upgraded the rating for long-term financial instruments of Tata Consumer Products worth Rs 350 crore to AAA with a stable outlook from AA-plus.
New Delhi [India], December 19 (ANI): Delhi Police has arrested a person named Bhuvanesh Kharbanda on the complaint of Corporation Bank for allegedly swindling a sum of Rs 276 lakhs on the pretext of availing a working capital loan.