Investors could also get the benefit of capital gains this year
Though debt mutual funds are currently offer yields to maturity that are marginally higher than small savings
Madhya Pradesh Chief Minister Shivraj Singh Chouhan talks about investment scenario in the state
Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion
IRRA service will be enabled upon the request of stockbrokers facing glitches that disrupt trading
As part of the restructuring with secured lenders, debt-laden McLeod Russel India Ltd is in the process of negotiating with "multiple investors" to monetise assets and infuse fresh capital, but these talks are still in the fluid stages and nothing has been finalised, an official with the bulk tea major said. The final third credit rating of the company, which was delayed due to the Covid pandemic, is likely to be submitted by January 10, the official said. The BM Khaitan family, the existing promoters of McLeod Russel, however, still remain hopeful of retaining the management control of the company that produces 73 million kg of tea from a few dozen of gardens mostly in Assam and also in Africa and Vietnam. "We are holding talks with several investors to monetise assets and infusion of fresh capital as part of the ongoing debt restructuring. Nothing has been finalised yet. Once finalised, the plan will be put before the board of directors and then we will be able to discuss the ...
The investment is expected to flow in multiple sectors, including energy, retail, real estate, and electric mobility
The Uttar Pradesh government will hold roadshows in the states to attract domestic industrial groups for its Global Investors Summit to be held next year, according to an official release. The state government recently sent a group of ministers on a global tour to invite foreign investors for the summit and seek investment in the state. The release said that investment commitments of Rs 7.12 lakh crore, including of Rs 4 lakh crore from the UK and the US alone, have been received ahead the Global Investors Summit to be held in February next year. After the return of the group from global tour, Chief Minister Yogi Adityanth has directed holding road shows in different states of the country for inviting investors of the country, the release said on Friday. The chief minister reviewed the preparations for organizing the Global Investors Summit with the cabinet members and senior officials on Thursday. A new team should be formed for road shows to be held within the country. Independe
The Uttar Pradesh government has already pulled in investment intents worth Rs 7.12 trillion through the multi-country roadshows held between December 9 and December 19
An independent financial advisor has valued the company at Rs 2,000-2500 crore
Indonesia's Second-Home Visa allowing foreigners to stay in the Southeast Asian country for either five or 10 years began to take effect
But it will lose sheen if the world economy achieves a soft landing
Have better underwriting, risk magt to manage high credit growth
KFin Technologies first considered launching a Rs 2,400-crore IPO but reduced the issue size to Rs 1,500 crore to align with market conditions
The Bank of Japan (BOJ) widened the allowable band for long-term yields to 50 basis points either side of its 0% target, from 25 basis points previously
Along with making the process completely online, Sebi has suggested measures for reducing cost
While within the rules, experts not convinced by buyback move of fintech firms
Small businesses-focused fintech player NeoGrowth has raised Rs 300 crore from Dutch entrepreneurial development bank FMO along with existing investors. Of the fresh equity capital, Rs 160 crore has been pumped in by the Dutch lender, NeoGrowth said in a statement on Thursday. The money will be used for on-lending and entering new markets, it added. NeoGrowth is also backed by Omidyar Network, Lightrock, Khosla Impact, Accion Frontier Inclusion FundQuona Capital, IIFL Seed Ventures Fund, WestBridge, and Leapfrog Investments. It has Rs 1,600 crore of assets under management and is connected with over 1.5 lakh MSMEs. So far, it has disbursed over USD 1 billion in loans, said MD & CEO Arun Nayyar. Peter Maila, co-chief investment officer at FMO, said NeoGrowth has been a debt client of FMO since 2017 and this is the first equity investment by FMO into the company. The equity allocation was not disclosed by the companies. NeoGrowth offers loans to first-time entrepreneurs, women ...
Even seasoned investors should bet only 5-10% on such securities
The company is seeking a restructuring of the loan, but it faced steep losses. Around this time, some activist investors bought some of the bonds