Mutual Fund AUM grows 7x to ₹61.2 lakh cr in 10 years
Equities have grabbed the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid, and 4.44% in others.
Equities have grabbed the majority of the share with 59.75% of total AUM, followed by 26.95% in debt, 8.85% in hybrid, and 4.44% in others.
Tata Motors' two-notch rating upgrade with a positive outlook follows the company's sustained track record in achieving revenue growth, improving profitability and reducing debt, says Moody's.
Corporate India’s interest coverage ratio continues to stay elevated on the back of better profit margins and lower leverage.
Banks led a lion's share of ₹10 lakh crore in debt sanctioned over the past six years
Companies will face stiff competition from the retail sector for bank funding as retail loans face high demand and have higher yields relative to corporate loans, says Moody's.
The net debt of automotive division in India fell to ₹3,500 crore in December from ₹20,487 crore in March 2022.
Through a combination of equity and debt, the company plans to raise around ₹45,000 crore.
Debt to rise to 51.4% of GDP in FY24, up from 39%, five years ago.
Uday Kotak urges large corporates to meaningfully move to capital markets—debt and equity—and away from banks.
The credit rating agency also changed the company's outlook to 'stable' from 'positive'.