CashNews.co Capital India Finance, a smallcap finance company, has experienced a -7.65% decline in its stock price on October 18, 2024. This has been reflected in the stock call given by MarketsMojo, which is ‘Sell’. The stock has also underperformed the sector by -7.88% and has been on a consecutive fall for the last 2 […]
CashNews.co Global rating agency Moody’s has assigned a first-time Baa3 rating indicating investment grade to Bajaj Finance Ltd (BFL) with stable outlook. The company’s ratings consider its strong and entrenched franchise as the largest retail oriented NBFC in India with a sizable customer base and distribution network; its diversified loan book, which supports its high […]
CashNews.co India’s growth rate is among the shiniest parts in the world economy, World Bank president Ajay Banga said on Thursday, noting that a lot of this is driven by the domestic market. “There is no doubt that India’s growth rate is among the shiniest parts in the world economy. I think being able to […]
CashNews.co Mumbai: Even though India’s southwest monsoon season is officially overit left much loss and damage in its wake. The most devastating disaster this season was the landslide in Kerala’s Wayanad which killed over 400. The impact of climate change on India’s weather systems is well recorded. As every season becomes more intense and deadly, […]
CashNews.co (Bloomberg) — India, already the world’s fastest-growing major economy, is pushing for even more dramatic expansion to become a developed nation, a goal that hinges on expanding access to capital. Most Read from Bloomberg Nothing illustrates that challenge better than the 47 trillion rupee ($559 billion) corporate bond market. It’s one of the world’s […]
CashNews.co TOKYO — Japan’s Mizuho Financial Group plans to triple its tech and administrative staff in India to around 1,000 workers by the end of fiscal 2027, turning the country into its main hub for these operations. Founded in 2020, Mizuho Global Services India handles trade and risk-related administrative tasks for more than 10 countries, as […]
CashNews.co Sera Investments & Finance India Ltd, a microcap company in the trading industry, has achieved a new milestone with its stock price hitting a 52-week high of Rs.37.2 on October 17, 2024. According to financial analysis platform MarketsMojo, the stock is expected to perform steadily in the near future and has outperformed the sector […]
CashNews.co (Bloomberg) — Hyundai Motor India Ltd.’s record initial public offering was oversubscribed more than two times on Thursday, driven by strong institutional demand despite tepid interest from smaller investors. Most Read from Bloomberg The nation’s largest-ever listing drew bids for more than six times the shares set aside for foreigners and local money managers. […]
CashNews.co New Delhi: Countries are yet to agree on any facet of the so-called New Collective Quantitative Goal or NCQG. (Representative file photo) There is no consensus on any aspect of the new climate finance deal to be discussed at the COP29 climate talks in Baku next month according to a report released by United […]
CashNews.co What’s going on here? Muthoot Finance just secured a $400 million windfall by issuing dollar bondscaptivating investors worldwide and marking a golden moment for the company. What does this mean? Muthoot Finance, a giant in gold loans, tapped into the booming dollar bond market by issuing notes maturing in just over four years. With […]