Anil Dhirubhai Ambani has picked up 2.16 per cent stake in his group company Reliance Energy Ventures Ltd through open market transactions, taking his total stake in the company to 41.77 per cent.
An Athletics Federation of India statement said of the 44 nations affiliated to the AAA, 36 unanimously supported his candidature.
The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.
If you are in credit opportunity funds, income funds or dynamic bond funds for a long-term goal, stay put.
The total value of India's top 100 brands has increased by 2 per cent, from $162.1 billion in 2020 to $164.9 billion in 2021, according to the latest Brand Finance India 100 2021 report. This uplift in brand value over the course of the first year of the pandemic is an impressive feat given the global economic crisis following the implementation of national lockdowns in March 2020, when business activity was brought to a halt, affecting both production and consumption. Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group.
In a major goof-up, US-based ratings agency Standard & Poor's accidentally disseminated a message to subscribers earlier that it has downgraded its top-notch credit rating of France from 'AAA', but has since issued a clarification and is investigating the cause of the error.
Compared to equity funds, debt funds are lower risk profile and are usually suitable for investors for very short term.
Business failures rise when growth declines. When Indian growth slowed in the last decade, defaults increased. This is the normal working of the market economy, points out Ajay Shah.
FM announces 12-point action plan to revive sector
The US treasury bond has been perhaps the most resilient feature of the American economy.
Commonwealth Games scam-tainted Suresh Kalmadi is all set to chair a crucial meeting of the Asian Athletics Association in New Delhi, which will take stock of the continental championships which is scheduled to be held in Chennai in July.
Investing in AA paper broadens choice but exposes policyholders to risk
The one-time restructuring of loans will help every firm and prevent cost-cutting measures such as lay-offs.
The organisation can invest in bonds of private companies with dual 'AAA' rating, say new norms.
The assets under management of the 44-players mutual fund industry stood at Rs 24.55 lakh crore in May-end from Rs 23.93 lakh crore in April-end.
Look at those offering 100-300 bps more and have good rating; it will improve your portfolio's returns.
Non-banking financial companies, that used to comprise at least 70 per cent of the issuance in the corporate bond market, are witnessing a credit freeze as investors shun bond issued by lower-rated firms.
An official said the government is preparing the financial statements and getting the data room ready for the sales, suggesting that such aspects take time.
The rating agency has affirmed the company's National Long Term Rating at 'AAA' with a stable outlook.
While the rating cut will raise borrowing costs for the US government, companies and consumers, Indian educational institutes fear it may also impact recruitment plans of international companies.
'If an investor is ready to stay put for the next five years, one can consider investing in mid- and small-cap funds, but through SIPs.'
Standard & Poor's has placed the sovereign ratings of 15 euro zone nations, including AAA-rated Germany and France, under 'CreditWatch'.
India may attract investments if the domestic economy continues to strengthen.
Media, brokers and bullion traders have been predicting various numbers which gold will touch subsequently.
Gas prices in Texas and elsewhere in the United States have jumped an average 7 cents in recent days after Iran threatened to close the Strait of Hormuz through which 16 million barrels of oil - about a fifth of world's daily oil trade - passes every day.
Experts say the focus is on preserving liquidity as there is uncertainty over the duration and impact of the 21-day nationwide lockdown imposed to check the spread of COVID-19.
The investigation began before it cut the United States' AAA credit rating.
Both Europe and the US can learn a lesson from American history to overcome their debt problems.
Hedge fund redemptions and margin calls on leveraged investors will trigger further selling.
Insurer seeks leeway to invest in sub-AAA-rated companies.
'There is no need to do anything, let your SIPs get deducted every month, and stick to your allocation between equity, fixed income and emergency funds and your risk covers.'
The political fall-out of the US downgrade is not over. Republicans and Democrats are both trying to pin the blame on the other party, displaying their great skill in spinning news to score partisan political points.
Facing criticism inside the United States for downgrading America's credit rating from AAA to AA+, the Standard and Poor's Indian-American president Deven Sharma has said that the agency's decision was made mainly because of the rising debt levels and the process of resolving things.
There is an Indian at the helm of affairs surrounding the historic downgrade of the United States' creditworthiness, as ratings agency S&P's unprecedented move was taken under the leadership of Deven Sharma.
Unlike other power banks, Duracell's battery does not heat up even a bit, says Veer Arjun Singh.
According to market regulator Securities and Exchange Board of India's regulations, FIIs are required to post collaterals for their transactions in the cash segment of the market.
All the newspapers and business news channels on Monday morning told us that the world is now going to change again. But these very guys had no clue till a few days back, and were gung ho about the Indian economy, the Sensex and pretty much everything else.
The 'AAA' rating is the highest possible rating and the world's largest economy had been enjoying this top-notch rating ever since the agencies began assigning sovereign credit rating to the country.
If the fiscal position of the United States deteriorates further or if the political gridlock becomes more entrenched, then that could lead to a downgrade.
Investors say stocks to drift further, but impact of rating downgrade may be short-term.