PNB names IL&FS power company in ₹2,060 crore fraud
The report from PNB comes a month after Punjab & Sind Bank reported a borrowing fraud worth ₹148.867 crore in the NPA account of ITNPCL.
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Corporate bond market can double by 2025: CRISIL
The rating agency expects total outstanding supply of corporate bonds to increase from around ₹33 lakh crore in FY20 to ₹65 lakh crore-₹70 lakh crore in FY25, with innovations playing a key role.
Fitch reviews ratings outlook of four NBFCs
The credit rating agency points out that the pandemic will continue to be a spoilsport for the NBFCs it reviewed as funding remains a challenge in the current market.
How KEC International dodged the EPC blues
At a time when many midsized infra EPC companies are in a spot due to stretched balance sheets, KEC International has bucked the trend by careful selection of projects and diversification.
Short-term relief for NBFCs
The government’s partial credit guarantee on asset purchases does not address investors’ long-term concerns about the sector’s exposure to stressed real estate: Fitch Ratings.
Markets give a thumbs down to Budget
BSE Sensex slips over 450 points on lack of consumption push.
Fortune India: Best of 2018
As 2018 draws to a close, here’s a look at some of our best stories.
Dalal Street waits for poll cues
Morgan Stanley India MD Ridham Desai says markets may not be as optimistic about the upcoming general election as they were before the polls in 2014.
Don’t be afraid to enter a bear market: Mobius
The emerging markets guru advises not to follow the crowd.
