CORPORATE RATINGS
Ready for a round of sustained re-rating? 7 logistic stocks with an upside potential of upto 48 % Recently, JSW Infra announced its acquisition of Navkar Corp. On the face of it there is nothing special about it as merger and acquisition is a very normal activity which keeps happening. But the fact that it happened in sectors like logistics, whe...
07 Jul, 2024, 04.19 PM ISTShapoorji Pallonji taps Deutsche Bank, DAM Capital to raise Rs 3,000 crore from private credit funds Shapoorji Pallonji Group aims to raise Rs 3,000 crore via Deutsche Bank and DAM Capital to refinance debt from Ares SSG Capital and Farallon, reducing 18-22% rates. Supported by a Rs 15,000 crore Power Finance Corporation loan and Gopalpur port sale...
05 Jul, 2024, 02.24 PM ISTRBI's bumper payout to limit big ticket divestment; govt to maintain Rs 50k cr target: Report A record Rs 2.1 lakh crore dividend payout by the RBI is expected to reduce the urgency for major divestments, according to Care Ratings, maintaining the government's Rs 50,000 crore target from divestments. Asset monetisation may be preferred if th...
04 Jul, 2024, 06.58 PM IST- ADVERTISEMENT
Japan's main stock indexes at record closing highs as banks, autos and techs rise Japan's Topix and Nikkei hit record highs, led by gains in automakers, banks, and tech firms like Toyota, Honda, Mitsubishi UFJ, Advantest, and SoftBank. Yugo Tsuboi cited interest rates, a weak yen, and economic improvement. The TSE’s prime market ...
04 Jul, 2024, 12.28 PM ISTPSBs clock higher failure rates for UPI payments In comparison, private players like HDFC Bank, Axis Bank, ICICI Bank, Yes Bank and IDFC First have an average UPI technical decline of 0.04%. Among private players, Bandhan Bank has seen technical declines of over 1%.
01 Jul, 2024, 11.23 AM ISTStars aligning to create a pathway for corporate India to borrow cheaper: Lakshmi Iyer No, clearly, if you are looking at the current scenario, whether it is on the fiscal front, whether it is on the inflation front, or whether it is on the flow front, in terms of creating another additional demand lever, the stars seem to be aligned ...
28 Jun, 2024, 11.21 AM ISTIt's going to be good after it gets quieter Companies no longer have the pricing power they had in the immediate aftermath of the pandemic when consumption demand was roaring. That has now played out in manufacturing and services. The growth from here on should be more sedate, building on the...
26 Jun, 2024, 10.42 PM ISTFMCG sector to have sustained growth rate of 7-9% in 2024: Report The FMCG industry was struggling after the pandemic and the rural sector was having successive degrowth for some quarters. However, the industry navigated through showcasing resilience and adaptability amidst evolving consumer trends and witnessed a...
25 Jun, 2024, 04.30 PM ISTIndian corporates are likely to go slow on overseas dollar loans: BofA Indian corporates are likely to reduce overseas dollar loans due to expensive current rates. There is a 'huge pent-up demand' for investing in local firms' equity. Borrowing costs in the US have increased sharply, leading to a preference for IPOs an...
17 Jun, 2024, 12.11 AM ISTSimplifying personal finance: What is bond yield? If you are confused or confounded by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the second part of this series, Riju Mehta explains bond yield and how it is calculated.
10 Jun, 2024, 06.30 AM ISTUp to 8.6% interest rate on corporate FDs: 5 highest company FD interest rates for you Corporate fixed deposit: You can get up to 8.6% interest rate on coporate fixed deposits. However do keep in mind corporate FDs have no insurance from Deposit Insurance and Credit Guarantee Corporation (DICGC) in the event of a default by the compan...
08 Jun, 2024, 11.52 PM ISTBuilders want reduction in repo rate in RBI's next monetary policy to boost housing sales Real estate developers urged the RBI to lower the repo rate in the upcoming monetary policy to reduce home loan interest rates and stimulate housing demand, as the RBI maintained the rate at 6.50%. Industry experts anticipate potential rate cuts in ...
07 Jun, 2024, 12.30 PM ISTHigh FD interest rates may not last long despite RBI status quo; is this the last window to book fixed deposits at higher rates? FD Interest Rates: RBI in its MPC meeting on June 7 kept the repo rate unchanged at 6.5%. This marks the eighth consecutive MPC with status quo, benefiting fixed deposit investors with high rates. However, going forward the interest rate cycle to re...
07 Jun, 2024, 12.20 PM ISTHome loan borrowers may have to wait longer for lower EMIs but a rate cut likely this year; how to make the most of it Home Loan Interest Rates: The Reserve Bank of India (RBI) in its recent Monetary Policy Committee meeting decided to maintain the repo rate at 6.5%, prolonging the wait for home loan borrowers seeking relief from high interest rates and increased EM...
07 Jun, 2024, 12.19 PM ISTIf not equity, corp FDs offer 1-1.5% over debt MFs and banks Corporate deposits with higher credit ratings are recommended for investors looking to reduce exposure to equities. Top finance companies like Bajaj Finance and Shriram Finance offer higher returns than bank deposits and debt mutual funds, providing...
07 Jun, 2024, 07.29 AM ISTIndia Inc exits FY24 on a strong note, clocks double-digit profit growth in Q4 Corporate India saw double-digit growth in net profit and single-digit revenue increase in the March 2024 quarter. Expectations are for healthy growth in the current fiscal year due to peaking interest rates and government policy continuity.
03 Jun, 2024, 12.21 PM ISTInvestor flows into corporate bonds on longest streak since 2019, says BofA Global investors poured $3.6 billion into investment grade corporate bond funds in the week to Wednesday, Bank of America said on Friday, in the 31st straight week of inflows, the longest streak since 2019.
31 May, 2024, 02.17 PM ISTCapital needs to remain high for Indian corporates: Moody's Moody's Ratings reported on Thursday that Indian corporates face high capital requirements for capacity expansion and growth spending. 16 out of 23 rated companies are estimated to need USD 70-100 billion annually over the next two years. While dome...
30 May, 2024, 04.20 PM ISTBest corporate bond mutual funds to invest in May 2024 There are no changes in the recommendation list this month. If you are investing in these schemes, you can relax and continue with your investments. Follow our monthly updates regularly.
22 May, 2024, 11.07 AM ISTFD interest rate up to 8.6%: 10 corporate fixed deposits with the highest interest rates A corporate fixed deposit, or corporate FD, is a term deposit with fixed interest rates kept for a predetermined amount of time majorly issued by Non-Banking Financial Corporations (NBFCs) & Housing Finance Companies (HFCs). Here is list of company ...
21 May, 2024, 01.07 PM IST