FPIs exercise caution amid US yield surge, await June 4 electoral results

[ad_1] After pumping in $25 billion into Indian equities in 2023-24, FPIs have begun FY25 on a sombre note, turning net sellers of over $1.05 billion (₹8,671 crore) in April. Data with depositories showed that they were net sellers on the...

Muthoot Capital Services raises ₹40 crore via debt

[ad_1] Muthoot Capital Services on Wednesday said it has raised ₹40 crore through the issue of commercial papers. "The company has issued commercial paper (CP) amounting to ₹40 crore on April 30, 2024, in accordance with the guidelines issued by...

O2C resurgence, digital growth, lower debt positives for RIL stock

[ad_1] The better-than-expected performance in the oils-to-chemicals business in the March quarter, robust digital revenues and the reduction in debt has infused more steam in the Reliance Industries stock which continues on the ‘buy,’ ‘add’ and ‘overweight’ list of many...

Ecozen raises $30 million via debt and equity

[ad_1] Ecozen, a company that develops climate-smart technology solutions, has raised $30 million in a mix of debt and equity. Also read:Ahead of elections, FPIs pull out ₹325 crore from Indian equities in April first weekA media statement said this...

Economic conditions in debt-stricken Sri Lanka improving, IMF says

[ad_1] IMF says inflation has dropped from 70 percent, economy expanded in the second half of 2023.The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund...

Wearable device maker Ultrahuman raises $35 million from existing investors

[ad_1] Wearable tech start-up Ultrahuman has raised $35 million in a mix of debt and equity in its Series B round. The round saw participation from venture capital firms Blume Ventures, Steadview Capital, Nexus Venture Partners, Alpha Wave Incubation, and...

Fitch Ratings upgrades Qatar to third-highest on back of gas expansion

[ad_1] Revenues from Qatar’s LNG fields will provide budget surpluses until the 2030s, Fitch said.Fitch Ratings has upgraded Qatar to AA, its third-highest rating, on the back of revenues expected from its expanded gas fields, the agency has said. Revenues...

ATC to convert Vodafone Idea OCDs worth ₹1,440 crore into equity

[ad_1] Vodafone Idea Ltd (VIL) informed the exchanges that American Tower Corp (ATC) has requested VIL for conversion of 14,400 OCDs amounting to ₹1,440 crore into 144 crore fully paid-up equity shares of face value of ₹10 each. “VIL will...