India Inc Debt

India Inc's spending splurge may not trickle down as small firms struggle

If this year's abundant rainfall tames food inflation, the central bank would have the scope to cut rates more deeply than the half percentage point some analysts currently expect

No near-term impact of B'desh situation on India's trade: CRISIL Ratings

Crisil Ratings on Tuesday said the recent developments in Bangladesh did not have a significant impact on India's trade and it does not foresee any near-term impact on the credit quality of India Inc. Crisil Ratings said the effect will vary based on industry/sector-specific nuances and exposure. "We do not foresee any near-term impact on the credit quality of India Inc either," it added. However, a prolonged disruption can affect the revenue profiles and working capital cycles of some export-oriented industries for which Bangladesh is either a demand centre or a production hub. Also, the movement in the Bangladeshi currency Taka, will have to be watched, the credit ratings agency said. "Recent developments in Bangladesh haven't had a significant impact on India's trade and going forward, the effect will vary based on industry/sector-specific nuances and exposure. We do not foresee any near-term impact on the credit quality of India Inc either," Crisil Ratings said. Companies into

Offshore syndication of loans at 15-year high, zooms to $21 bn in 2023

Over $4 bn deals on the cards in Jan-Mar as trend continues

India Inc fundraising via private placement reaches Rs 8.97 trn in 2023

Corporates in India have set a new record for financing through private placements; the last record was set in 2020 at Rs 7.95 trillion

From debt to equity: Why are India's 'national champions' changing tack?

Among reasons for the shift could be higher cost of servicing debt, bond holders' risk awareness making roll-over option expensive at the time of repayment, and reputation issues, writes T N Ninan

India Inc's FY21 debt-equity ratio at 6-yr low on massive deleveraging move

Analysts expect a further reduction in the current financial year, helping companies lower interest cost and thereby boosting profitability

India Inc's revenue likely grew 18-20% on-year to Rs 8.2 trn in 2nd quarter

Higher commodity prices, continued revival in demand for consumer discretionary products likely lifted corporate revenue 18-20% on-year to Rs 8.2 trn in the second quarter of this fiscal, says study

India Inc set to raise $3 bn through green, ESG issuances by December

Power Finance Corporation (PFC) is planning to come up with Euro denominated green bond issuances, and has appointed bankers including Barclays, Standard Chartered, for investors in Europe and Asia

Covid-19 lockdown: India Inc more vulnerable now than in recession of 2008

Profitability and cash reserves have halved since the global financial crisis

India Inc leans less on foreign debt as weak rupee makes servicing costlier

With the Indian unit having shed 10% to the dollar since January, companies raised $5 bn in March quarter of 2020, against $8.8 billion in the year-ago period

Tata Sons likely to raise Rs 7,000 cr to retire old high-cost debt

Other top companies to follow suit as the central bank has released funds

A record Rs 5.9 trillion bond bill is looming over Indian companies

While there are tentative signs of recovery in certain areas of the shadow bank sector, a funding squeeze has kept borrowing costs high

India Inc foreign borrowings jump over two-fold to $3.41 bn in Oct: RBI

Indian companies had raised $1.41 billion in borrowings from overseas markets in October 2018

Top 10 biz headlines: Core sectors growth slows, no new Jet suitor & more

From a spurt in cement production and slower contraction in energy segment pulling up growth in 8 core sectors to 2.1% in July to Jet failing to find a new suitor, here is today's top business news

India Inc's credit quality recovers in H1 FY17: CRISIL

Value of debt upgrades more than downgrades