money News

From Market 1 year ago

SBI objects to Paramount revival plan

Writes to DGCA, saying carrier in default over R100-crore loan.
From Market 1 year ago

Bonds post worst week in a year on rupee slide

Bonds fell for a second consecutive session, posting their worst weekly loss in nearly a year as foreign investors sold heavily on the back of a fall in the rupee to record lows and narrowing differentials with US Treasury yields.
From Market 1 year ago

FIIs put in bids worth R39k cr to buy govt bonds

Foreign investors put in bids worth over R39,000 crore ($6.7 billion) to buy government bonds, with a 93% subscription in the largest-ever Sebi-conducted auction for such securities.
From Market 1 year ago

Beware of offers that are too good to be true, says Parekh

“Beware of too-good-to-be-true offers from developers and lenders” is an advice from HDFC chairman Deepak Parekh to millions of Indians looking to buy homes.
From Market 1 year ago

RBI intervention, $ inflows help R

The rupee on Friday staged a recovery to end 30 paise higher at 59.27 on the back of hefty corporate inflows and dollar selling by banks at the behest of RBI.

From BANKING & FINANCE 1 year ago

RBI cuts home loan risk weightage

Banks unlikely to make borrowing cheaper, say already lending at base rates.
From Market 1 year ago

Quick View: MCX-SX cash segment turnover up 8%

Country’s newest bourse MCX-SX’s turnover in the cash segment rose by eight percent to R33.4 crore in April.
From Market 1 year ago

SAT pulls up RIL for probe delay

The Securities Appellate Tribunal (SAT) has pulled up Reliance Industries (RIL) for delaying the hearing of the matter.
From Market 1 year ago

Uncertain market prompts fund houses to defer NFOs

The appetite for equity new fund offers (NFOs) has been steadily declining in the past two years as an uncertain equity market has prompted fund houses to defer new launches.
From Market 1 year ago

Over 25% equities slip to 52-week low

In the last ten trading sessions, more than 25% or 807 of the actively-traded companies have dropped to their 52-week-lows amid a weakening rupee, which has led to heavy selling on the Street particularly by foreign institutional investors.
From Market 1 year ago

Equities post third weekly drop

Fed stimulus concerns, weak rupee weigh; FIIs sell $500-m equities in 4 straight sessions.
From Market 1 year ago

Quick View: NTPC, Central Bank ink R490-cr loan pact

State-run NTPC on Friday signed an agreement with Central Bank of India for a loan of R490 crore.
From Market 1 year ago

Fitch revises 10 financial institutions to stable

Fitch Ratings has revised 10 Indian financial institutions’ outlook to stable from negative, while affirming their respective ratings.
From Market 1 year ago

Sebi notifies norms for preference share listing

Market regulator Sebi has notified a new set of regulations to govern issuance and listing of non-convertible preference shares, a move expected to bring more transparency in raising of funds through such securities.
From Market 1 year ago

Bankers meet next week to take stock of Winsome loans

The consortium of 15 lenders to Winsome Diamonds is likely to meet next week.
From Market 1 year ago

Fed’s signal to slow QE may hit high-yield bonds’ hunt

A possible pullback in the Federal Reserve’s quantitative easing (QE) programme may have dampened the exuberance of overseas investors towards high-yield bonds, according to investment bankers.