corporate debt

Despite a substantial loan from the Asian Development Bank (ADB) aimed at bolstering reforms, the cumulative debt of PSEs has soared to PKR 1.7 trillion, with an additional borrowing exceeding Rs43 billion in the fiscal year 2024.

SEBI announced measures on Tuesday aimed at boosting retail investor participation in the corporate bond market. One significant decision involves reducing the face value of such debt securities from Rs 1 lakh to Rs 10,000. Additionally, the SEBI board decided to introduce a framework for unit-based employee benefits (UBEB) pertaining to REITs (real estate investment trusts) and InvITs (infrastructure investment trusts).

Former chief secretary urges top officials to lead by example in implementing cost-cutting measures to address Maharashtra's escalating debt crisis, emphasizing the importance of optimizing resources. The state's leadership should prioritize efficiency and fiscal reforms to effectively manage the mounting financial obligations and reduce the burden on future generations.

India's $1.3 trillion sovereign debt market has attracted significant global investor interest, particularly as its bonds are set to join JPMorgan Chase & Co's main emerging market debt index. However, foreign investors face numerous challenges, including extensive documentation, complex trade settlement processes, and intricate tax regulations. Indian authorities, wary of the rapid capital inflows that contributed to the Asian financial crisis, have not offered tax concessions like China did before joining major debt indexes.

Strain is growing on household budgets. They need rebuilding before a fresh investment spree

Sebi-registered AIF VentureSoul capital raising up to Rs 600 crore for its first technology-focused debt fund with anchor investor Micro Labs and founders Anurag Tripathi, Ashish Gala, and Kunal Wadhwa.

China introduced new guidelines through the National Internet Finance Association to ensure responsible lending and collection practices, addressing a surge in household debt and payment disputes. The guidelines emphasised evaluating borrowers' reasons for loans and their ability to repay. Financial institutions must clearly state key terms in contracts and guide borrowers in making rational borrowing decisions.

TDP president N Chandrababu Naidu, who is the chief minister in waiting, is expected to release a white paper on Andhra Pradesh's financial situation shortly after taking office. This document will highlight the state's significant debt, challenging fiscal conditions, poor infrastructure, and lackluster investment from both government and private sectors. Naidu, set to be sworn in on June 12 in Amaravati.

Indegene's IPO, valued at Rs 750 crore, raised Rs 549 crore with top investors like Capital Group. The offering includes OFS with participants like Manish Gupta. Funds will cover debt and capital needs.

In the '90s, Amitabh Bachchan went bankrupt after ABCL's failure. Amid government raids, he declined financial help from Dhirubhai and Anil Ambani. Overcoming tough times, he repaid debts through new work. In a Bollywood Tehelka video, Dhirubhai praised his resilience at an event, deeply moving Bachchan with sentiments of gratitude and emotion.

Debt funds are schemes that invest in fixed income instruments like corporate/government bonds, corporate debt securities, and money market instruments. The portfolio can consist of these securities or a mix of them, depending on the scheme.

As stock markets reach record highs, financial experts advise conservative investors to diversify portfolios with debt mutual funds. These funds offer stable returns that outpace inflation and provide high liquidity, flexibility, and potential for capital appreciation.

Two months ago, when the IMF cautioned India over its high public debt, the government dismissed the concern citing the debt burdens of big economies such as the UK and Japan. Both are now in recession. In this scenario, India will find it tough to agree to the farmers’ demand