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BusinessToday.In
July 7, 2020
Axis Bank, Yes Bank, ICICI Bank, Barclays Bank, IndusInd Bank, Bank of India, Aditya Birla Finance are among the lenders that issued the debt including fund-based working capital, non fund-based working capital and term loans to the company


Reuters
June 20, 2020
It is unfortunate timing, coming just months after Indian policy makers embarked on a fresh drive to open the country's bond markets to global investors, but adds to a list of issues stacking up


Anand Adhikari
New Delhi, June 5, 2020
New money that Kotak has raised kills many birds with one stone; first, equity dilution helps him reduce stake to meet regulatory requirement of 26 per cent by August; second, additional capital strengthens private bank's balance sheet at a time when there's fear of unknown


BusinessToday.In
New Delhi, June 1, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Aprajita Sharma
New Delhi, June 1, 2020
With over 190,000 confirmed cases as on May 31, India has the world's 7th highest number of recorded coronavirus infections. However, more than 48 per cent infected people have recovered fully with death rate of less than 3 per cent among confirmed COVID-19 cases


BusinessToday.In
New Delhi, May 29, 2020
A US investment bank report says India's detection rates have also climbed lately and doubling rate has plateaued at ~13-day level; medical infra is now getting stretched in certain cities, with hospitals at 100 per cent plus capacity utilisation in Mumbai, says report


Prasanna Mohanty
May 21, 2020
The 1929 and 2007-08 financial crises have amply demonstrated how unbridled growth of liquidity and household credit caused havoc in people's lives and economies. Pushing for more of the same at the time of massive loss of jobs and incomes is not such a good idea


Manoj Sharma
New Delhi, May 19, 2020
Bernstein says India's desire to announce a large economic package, something that shows the world that they care about the economy and are willing to match global stimulus numbers, was perhaps the \"driver\" for claim of a large package


Mudit Kapoor
May 18, 2020
Fiscal impact, or cost to government, of the relief package for coronavirus - touted to be worth Rs 20.97 lakh crore - is in the range of Rs 1.5- Rs 3.08 lakh crore, according to top ratings agencies


Aprajita Sharma
New Delhi, May 18, 2020
The deeper trough in Q2 (June quarter) forecasts reflects extremely poor economic data received so far for March and April, and the continued stringent lockdown measures, says Goldman Sachs


Manoj Sharma
New Delhi, May 18, 2020
Considering huge losses in revenue, SBI expects states to at least strip its estimated budgeted capital expenditure for FY21 of Rs 8.8 lakh crore by 50 per cent, if not more


Nirbhay Kumar
New Delhi, May 17, 2020
India's fiscal deficit for FY21 is pegged at 3.5% but most economists expect it to rise to 5% in wake of sharp fall in revenue in the current fiscal


Dipak Mondal
New Delhi, May 17, 2020
A Barclays report suggests that in the five tranches of announcements, the actual fiscal impact is to the tune of Rs 1.5 lakh crore including the largest single additional cost of Rs 40,000 crore due to higher allocation to MNREGS


BusinessToday.In
New Delhi, May 17, 2020
India's fiscal deficit will rise from the targeted 3.5% to 6% of GDP in FY21. Barclays has pegged consolidated government deficit (Centre and State) at 12% of GDP, compared to 8% earlier, implying overall borrowing need of close to Rs 25 lakh crore


BusinessToday.In
May 13, 2020
REC share price rose up to 14.73% to Rs 102.45 against the previous close of Rs 89.30 on BSE


PTI
May 8, 2020
Rajasthan Petroleum Dealers Association President Suneet Bagai said that state government has revised the VAT rate third time in the last three months


BusinessToday.In
New Delhi, May 6, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


Nidhi Singal
New Delhi, May 6, 2020
To give a comparison, consumers have been searching for shoes 1.8x times more than sarees


Ajita Shashidhar
New Delhi, May 6, 2020
Gone are the days when a customer would inadvertently walk into a salon to avail a service, as service by appointment would be the new norm


BusinessToday.In
New Delhi, May 6, 2020
The nation has been put under lockdown since March 25 to contain the spread of coronavirus. The first phase of lockdown was from March 25 to April 14, while the second phase lasted from April 15 to May 3. The third phase began from May 4 and would end on May 17


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