Electoral bond sales rise in 2019’s first 3 months
The country will go to polls this month with first phase of voting to take place on April 11. Representative image The sale of electoral […]
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Hundreds of firms may be demoted in Tokyo Stock Exchange shake-up
As part of an effort to streamline markets and attract more investors, the Tokyo Stock Exchange may demote about a third of its largest listed […]
Banks in no hurry to link repo with interest rates
Public sector banks are in no hurry to follow big brother SBINSE -0.10 % in linking their deposit and lending rates to the RBI’s repo rate, which may […]
Share market update: Auto shares in the red; Tata Motors down 3%
NEW DELHI: Auto shares were trading in the red in Friday’s morning session. Shares of Tata Motors (down 2.96 per cent) , Tata Motors (DVR) […]
L&T Finance raises Rs 2228cr in public issue of bonds
L&T Finance said Thursday it has raised Rs 2,228 crore through a public issue of bonds. The company announced early closure of the public issue following […]
Risk of fallen angels in Asia’s bond market is rising
Asia’s dollar bond markets have staged a blistering rally this year, but for a group of borrowers that sit on the cusp of a junk rating, there’s no […]
Rate cut fails to tame yields in corporate bond market
MUMBAI: The Reserve Bank of India’s recent rate cut hasn’t, at least so far, translated into lower cost for companies raising long-term funds in the […]
Govt takes over indebted lender IL&FS in surprise move
PF6997 New development in Bandra Kurla Complex area, Mumbai, Maharashtra, India.(Alamy Stock Photo) The government will immediately seize control of a shadow lender whose defaults […]
Mutual funds asset base dips Rs 66,000 crore in May to Rs 22.6 lakh crore
(Photo: Shutterstock) The mutual fund industry’s asset base has fallen by nearly Rs 66,000 crore, to Rs 22.6 lakh crore at the end of May, […]
In my business, a whole lot of things are design: Piyush Pandey
When the maker of iconic ads and celebrated adman Piyush Pandey’s elevation as global chief creative officer of Ogilvy was announced, it was not just […]