Search For "working capital"
Paytm launches same-day bank settlement for businesses
Updated : 5 years, 5 months ago IST
New Delhi [India], October 13 (ANI): Payment gateway service provider Paytm on Tuesday launched a same-day settlement facility for all kinds of fund transfers on its payment gateway to help businesses that depend upon immediate availability of funds to pay down-stream partners.
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Struggling to get a business loan? Now borrow money instantly with Razorpa
Updated : 5 years, 6 months ago IST
Bengaluru (Karnataka) [India], September 8 (ANI/NewsVoir): The pandemic has not only knocked off revenues of MSMEs' but also disturbed their hopes of survival.
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CCEA approves one-time relaxation to PFC, REC for extending loans to disco
Updated : 5 years, 6 months ago IST
New Delhi [India], Aug 19 (ANI): The Cabinet Committee on Economic Affairs has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (discoms) above limits of the working capital cap of 25 p
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Fitch downgrades Future Retail's IDR to C on missed coupon
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], July 25 (ANI): Fitch Ratings has downgraded Future Retail's long-term issuer default rating and the rating on its 500 million dollars 5.6 per cent senior secured notes due in 2025 to C from CCC-plus with the recovery rating remaining at RR4.
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ICRA reaffirms GE T&D India's credit ratings, outlook revised to negat
Updated : 5 years, 8 months ago IST
New Delhi [India], July 8 (ANI): ICRA has reaffirmed GE T&D India's long-term and short-term credit ratings but downgraded the outlook from stable to negative for long-term ratings.
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SBI sanctions Rs 300 crore loan to PTC India Financial Services
Updated : 5 years, 8 months ago IST
New Delhi [India], July 3 (ANI): PTC India Financial Services said on Friday that State Bank of India (SBI) has sanctioned it a term loan working capital augmentation (TLWC) of Rs 300 crore.
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CARE downgrades BHEL's long-term bank facilites to AA
Updated : 5 years, 8 months ago IST
New Delhi [India], June 27 (ANI): CARE has downgraded the rating on the long-term bank facilities of Bharat Heavy Electricals Ltd (BHEL) to AA from AA-plus while reaffirming the outlook to stable.
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Blue Star raises Rs 350 crore through issuance of unsecured NCDs
Updated : 5 years, 9 months ago IST
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).
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Blue Star board approves plan to issue NCDs of Rs 300 crore
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 29 (ANI): The board of directors at air conditioning and commercial refrigeration major Blue Star on Friday approved an issue of 3,000 unsecured non-convertible debentures having face value of Rs 10 lakhs each for cash at par aggregating to Rs 300 crore.
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Patanjali's Rs 250 crore debentures issue subscribed within three minutes
Updated : 5 years, 9 months ago IST
Mumbai (Maharashtra) [India], May 28 (ANI): Baba Ramdev-led Patanjali Ayurved's debentures issue worth Rs 250 crore was subscribed within three minutes of opening on Thursday.
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Measures in stimulus package aimed at greater multiplier effect: Sitharama
Updated : 5 years, 9 months ago IST
New Delhi [India], May 20 (ANI): Finance Minister Nirmala Sitharaman has said that the Central government's measures in the special economic package to deal with the impact of coronavirus crisis were aimed at "greater multiplier effect" and it should be through banks for meeting the fixed
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Retail jewellers facing elongated working capital cycle amid lockdown: Ind
Updated : 5 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 12 (ANI): Most retail jewellery players either have sufficient liquidity available or are backed by strong bank funding or outstanding free cash which will enable them to manage liquidity in the short term, India Ratings and Research (Ind-Ra) said on Tuesday
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