Premium Illustration: Binay Sinha Everyone is celebrating the India growth story. With the real gross domestic product (GDP) growth number now crossing 8 per cent, it stands out. Most investors now buy into the notion that in the coming decade India will deliver real GDP growth of between 6.5 and 8 per cent for… Continue reading Where is the debt? | Expert Views
Tag: debt
Longer-duration debt funds: Tactical bets are for high risk takers
Long-term investors who want near-certain returns may opt for a target maturity fund that invest in gilts Source link
DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter
Realty firm DLF’s net debt has come down by 92 per cent to Rs 57 crore — the lowest level — at the end of the first quarter of this fiscal on better cash flow driven by strong housing sales. According to an investors’ presentation, DLF’s net debt stood at Rs 57 crore… Continue reading DLF’s net debt falls 92% to record low Rs 57 cr at end of June quarter
Franklin AMC appoints new debt head, explores alternative business
In an effort to rebuild investor trust, Franklin Templeton Asset Management Company (AMC) has announced a reshuffle of its fixed income investment team. The AMC also plans to venture into the alternatives business, beginning with private credit. Rahul Goswami, previously at the helm of debt investments at ICICI Prudential AMC, has been appointed… Continue reading Franklin AMC appoints new debt head, explores alternative business
The rise of India’s new debt collectors
Premium Illustration: Ajay mohanty Rishab Goel, co-founder of digital-debt collections firm Credgenics, says lenders refer to it every month $5 billion spread over 11 million accounts for recovery: Up from $3.5 billion across 6 million in 2022. “They have realised the potential of digital enablement and data-driven insights to enhance the efficacy of collections.”… Continue reading The rise of India’s new debt collectors
Delhi international airport plans to raise Rs 750 crore to refinance debt
Delhi International Airport Limited (DIAL) plans to refinance old debt by raising fresh funds up to Rs 750 crore via long-maturity debentures which carry lower interest rates. The plan comes close on the heels of global rating agency Standard & Poor’s (S&P) upgrading DIAL’s long-term issuer rating from “B” to “B+” on the… Continue reading Delhi international airport plans to raise Rs 750 crore to refinance debt
Reliance Naval debt resolution stuck as bidder seeks more time to pay
Lenders may agree to give more time to Hazel Mercantile to pay upfront cash for the acquisition of Reliance Naval and Engineering, a bankrupt shipyard company, after Hazel moved the court seeking two more months after it failed to meet the July 23 deadline. Hazel Mercantile sought additional time to pay the upfront… Continue reading Reliance Naval debt resolution stuck as bidder seeks more time to pay