State Bank Of India To Consider Raising Up To $1.5 Billion
The bank said it will raise the funds during 2020-21 through a public offer, a private placement of senior secured notes in US dollar or any other convertible currency. … Read More
Month: June 2020
Virus Lockdown Fuels India’s Biggest Earnings Decline Since 2014
Profits of companies listed in the NSE fell about 15 per centlast quarter from the same period last year – NDTV Profit – Latest
SBI to consider raising up to $1.5 billion
The bank said it will raise the funds during 2020-21 through a public offer, a private placement of senior secured notes in U.S. dollar or any other convertible currency. … Read More
Amazon in talks to invest $2 billion in Bharti Airtel: Sources
The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake. – Stocks-Markets-Economic Times
US recovery in Phase 2, major headwinds await China’s revival in H2: Economists
And for the US economy, the same economists foresee a four-phase rebound. – Stocks-Markets-Economic Times
First two quarters of FY21 may be severely hit due to Covid-19: Force Motors
Force Motors said it has taken cash flow control and overhead control measures to manage operations. – Stocks-Markets-Economic Times
Buy Motherson Sumi, target price Rs 118: JM Financial
The brokerage believes that just like in the 2008 Global Financial Crisis, the recent scrapping of incentives announced by major EU countries could revive demand for cars in the near … Read More
Amazon In Talks To Buy $2 Billion Stake In Bharti Airtel: Report
The planned investment, if completed, would mean Amazon acquiring a roughly 5 per cent stake based on the current market value of Bharti. – NDTV Profit – Latest
Sensex, Nifty Break 6-Day Winning Run
Sharp losses in banking and financial services shares outweighed gains in IT, pharma and metal counters. – NDTV Profit – Latest
What’s At Risk If India’s Sovereign Rating Is Cut to Junk? Here’s A List
Earlier this week, Moody’s cut India’s rating to the lowest investment grade, putting it on par with S&P and Fitch at a level above high-yield. – NDTV Profit – … Read More