Page 2 - Debt Fund

Tata Motors rides Jaguar Land Rover on road to turn net cash positive

On track to pare debt, analysts expect it to have Rs 2K cr cash on the books by end-FY25

Serentica Renewables ties up with PFC for Rs 2,600 cr debt funding

Serentica Renewables on Thursday said it has tied up with PFC for a Rs 2,600 crore debt funding for its upcoming projects in Karnataka. In Karnataka, the company is setting up 400 MW of wind and solar capacities where it has already secured connectivity to the inter-state transmission system (ISTS). "The debt funding...will accelerate our journey towards supplying 40 billion units of clean energy annually to energy intensive industries and displacing 37 million tonne of carbon emissions," Pratik Agarwal, Director, Serentica Renewables said. Parminder Chopra, Chairman & Managing Director, PFC said, this transaction is in line with PFC's expanding role in funding green projects and positioning itself as the focal agency for energy transition. Established in 2022, Serentica Renewables (India) is a decarbonization platform that looks to provide clean energy solutions enabling the transition of large-scale, energy-intensive industries to clean energy. Serentica aims to provide assured

An inheritance issue, luxury at the movies: Top personal finance stories

What does the law say about the rights of children born of invalid marriages; how are multiplexes wooing viewers: Our newsletter explains

SBI Mutual Fund completes Franklin Templeton's debt fund asset sale

Investors in the six shuttered schemes get Rs 27,508 crore, 9% higher than what funds owed in 2020

Explained: What's the US debt ceiling crisis

The US debt ceiling is a legal limit set by Congress on the amount of money the US government can borrow to pay its bills. It’s like a financial cap that the government cannot exceed

SIP continues to hold despite market volatility, higher debt fund inflows

This segment attracting such inflows despite long term capital gain being taken away in the previous month is a strong indication of what is lying ahead

India, Japan, France's common platform to aid Sri Lankan debt restructuring

India, Japan and France have announced a common platform for talks among creditors to address the debt restructuring programme of Sri Lanka which is grappling with its worst economic crisis. The representatives of the three creditor countries, including Finance Minister Nirmala Sitharaman, held a press briefing on the margins of the annual spring meetings of the World Bank and the International Monetary Fund (IMF) in Washington on Thursday. "The purpose of the event was to demonstrate the multilateral cooperation regarding the debt restructuring process among the creditors, together with Sri Lanka, said an official statement. Finance Minister Sitharaman expressed India's commitment to supporting Sri Lanka in dealing with its current economic crisis. She emphasised that collaboration among creditors was important to ensure transparency and equality in the debt restructuring discussions. Sri Lankan President Ranil Wickremesinghe joined the conference virtually. Japanese Finance Min

Debt fund investors' aim should be capital protection: Sandeep Yadav

Senior executive of DSP Mutual Fund debt funds will continue giving good returns after tax changes

Debt fund taxation changes to impact corporate bond demand: Fund managers

Fund managers expect mutual funds to focus more on actively managed funds which can allow for higher returns and balance out the impact of higher taxes

Finance Bill: How will new Mutual Fund rules impact investors from April 1?

New Mutual Fund rules: All existing investments and new investments made in debt MFs before March 31 will not be affected by the proposed mutual fund tax change

Equity mutual funds added Rs 7,300 crore in December, shows Amfi data

Investors placed most bets on mid-cap and small-cap funds; liquid ones saw most outflows

Debt fund YTMs stabilise, but peak still a few basis points away

YTMs of all debt fund categories, except credit risk and overnight, in a narrow range of 6.3-7.3%

Walton Street invests Rs 165 cr in Sowparnika Homes' Bengaluru projects

Sowparnika caters to the middle-income/affordable segment with an average ticket size of Rs 50 lakh in a project close to key employment centres and IT Hubs

Adani Enterprises secures funds to build Ganga Expressway at Rs 23,000 cr

The company has secured debt worth Rs 10,238 crore and will make a capital infusion of Rs 6,826 crore

Corporate debt quality remains steady in June after improving since Feb

According to CARE Ratings, upgrades in rated debt can be attributed to higher demand with the economy opening up after lockdowns, releasing pent-up demand, and lower cost of capital

Walton Street Blacksoil fund gets commitments of Rs 360 cr for its new fund

The Rs 500 crore fund has an additional green-shoe option of Rs 250 crore

Shorter term debt mutual funds in focus as policy normalisation nears

The Reserve Bank of India (RBI) on Friday kept the key policy rates unchanged but signalled a shift towards policy normalisation.

SmartCoin secures debt funding to bring fin services to small entrepreneurs

The company has seen strong demand for micro-credit from tier-2 and 3 cities through the second wave as people grappled with a lack of capital for medical situations and businesses

Double whammy for debt fund investors: Flat rate cycle, tighter regulation

A flat interest rate cycle and tighter regulation may weigh on returns

Oyo's efforts to raise $600 million via debt to help its listing plan

The company said $600 million in a TLB structure will service its existing loans, which are on higher interest rates.