Working Capital

If the current trend holds, this would mark the shortest net working capital cycle in at least a quarter-century

Torrent Power on Friday said it will seek shareholders' approval to raise up to Rs 5,000 crore through equity shares. The approval will be sought in the annual general meeting scheduled on July 30, 2024. In a notice, the company said there is an ongoing requirement of working capital and capex for upgradation/ expansion of the company's power generation, distribution businesses and ongoing projects. The generation of internal funds may not be adequate to meet all the requirements of the company's growth plans, it stated, adding that the requirement of funds is proposed to be met from both equity and debt from issuance of appropriate securities and from both domestic and international markets. The company's board, in a meeting held on May 22, 2024, recommended to the members to give their consent to raise up to Rs 5,000 crore through the issuance of equity shares and/ or Foreign Currency Convertible Bonds (FCCBs) and/ or convertible bonds/ debentures or any equity-linked instrument/

The new 45-day payment rule for SMEs, effective April 2024, aims to ease working capital issues. While some SMEs welcome it, others fear adverse impacts on their businesses

Indeed, a global hiring and matching platform, surveyed 1,223 employers, 2,671 blue-collar jobseekers, and 2637 white-collar jobseekers

Fintech company says its imitative would help companies during the festive season

A fifth of the MSME sector by value is expected to witness an increase in working capital requirement this fiscal, the report said

The fintech says it is uniquely positioned to tap the $380 billion working capital opportunity in this space

No end to BYJU's troubles as after sacking employees, alleged harsh and "abusive" work culture, reports on "working capital crisis" emerge with lenders asking the edtech unicorn to repay part of loan

Price band set at Rs 197-207; No institutional takers for Fusion microfinance on opening day

Company says 'working capital availability in the country is huge as small businesses adopt digital payments

The funds to be raised in one or more tranches (not exceeding 12) through private placement will be used as capital expenditure, working capital and for general corporate purposes

To offer 12.25% rate; plans to use proceeds for working capital, pare debt

After Q3FY22 earnings, the company had said that it is well-funded with net cash, cash equivalent and investable balance of Rs 10,215 crore

Orders are improving, cost inflation and supply chain issues are among potential headwinds

The fintech company is currently disbursing close to Rs 1,500 crore a month

The pandemic has impacted the working capital management for companies

While most analysts have assigned a Subscribe rating to the IPO, they have also flagged valuations concerns

On retail loan growth, the season went better than expected, CEO Chaudhry said

Will set up JV between two state-owned entities, push for developing industrial enclaves spanning 5-50 acres under PPP model

Brokerage says organised, large firms will grab more market share in the post-Covid world