Reseñas

Two Fed officials said on Thursday the U.S. central bank likely should have lifted interest rates more than it did earlier this month, and warned that additional hikes in borrowing costs are essential to lower inflation back to desired levels.

Adani Group’s chief financial officer Jugeshinder ‘Robbie’ Singh and head of group corporate finance Anupam Misra told investors that they are working on a “full finance plan” to refinance Adani Green Energy’s $750-million, 4.375% bond due in September 2024 one year ahead of maturity.

“We wish to inform that the long stop date under the memorandum of understanding … has expired,” Adani Power informed the bourses on Wednesday. The company did not, however, assign a reason for calling off the deal. An email query sent to the company im this regard remained unanswered until Continue Reading

Rakesh Gangwal, his wife Shobha Gangwal, and their family trust, all of which are part of the promoter group, held a 33.78% stake in the airline company as of December 2022. In February last year, besides stepping down from the company’s board, Rakesh Gangwal, the co-founder of India’s largest carrier, Continue Reading

HDFC, which is in the process of merging itself with the bank it helped spawn, offered to pay a coupon of 7.97% for the 10-year money, the company said in a statement. That compares with the benchmark bond yield of 7.34% Thursday.

The AUM of the SIP funds at Rs 6.7 lakh crore at the end of January was just 1.7% lower than the peak value about two month ago. In contrast, the total market capitalization of India slipped by over 14% from the peak in January 2022.

I don’t envisage any problem for the next one year. There are three parts to demand, the first one is refinancing where there is a change of bankers. Banks who got in for the short run will be very different than who will enter for the long run and that Continue Reading

The index service provider said it will defer the implementation of cuts in the weights of Adani Total Gas and Adani Transmission to May, when it reviews the indices next, in light of “potential replicability issues due to impact from price limit mechanisms in specific securities.”

The Nifty IT index, which surged to highest levels since May last year, closed at 31,434 on Thursday, up 1.62% over the previous day. The Nifty ended at 18,038, up 20 points or 0.11% after rising 0.66% in the morning trade. The Nifty IT index has gained 3.8% in the Continue Reading

However, the telecom operator continued to lose subscribers. Its subscriber base as of December 31 was 228.6 million, compared with 234.4 million a quarter ago. The total number of data subscribers for the company was steady at 135.3 million at the end of the December quarter