This move was triggered by a whistleblower complaint sent to Sebi against senior management interference in ensuring good ratings specifically in IL&FS and its subsidiaries.
While debt funds have emerged as the flavour of the season, not all investors understand debt funds. So the best they can do is put trust in the fund manager and the fund house.
Experts say investors need not tinker with their debt portfolio as shifting won't be tax-efficient.
"I don't think the only solution for us is a bank, though it could be a bank. On the other hand, if the financial system continues to grow at 20-25 per cent, there's no reason why in our current construct, we can't comfortably keep growing at that same pace," says Rajiv Lall, CEO and Managing Director, IDFC.
Biocon Ltd on Tuesday said it has earned the distinction of being the only Asian biopharma company to feature among the top biotechnology employers in the world as ranked by Science magazine.
'Today, our vast green pastures where local herders used to take their cattle to graze have been taken over by the Chinese.' 'The people in the Galwan Valley have lost their lands where their cattle used to graze.'
The Reserve Bank of India (RBI) is considering options to make cheaper finance available to the non-banking finance companies (NBFCs), including a separate line of credit for bank finance backed by government securities or AAA-rated commercial paper (CP).
The warrants will be converted into an equal number of equity shares at Rs 928.89 a piece, aggregating Rs 3,984.93 crore (Rs 39.84 billion). As in the March quarter 2009, AAA Project Ventures held 83,498,937 shares, representing a 36.88 per cent stake in the company.
Reliance Retail would be exposed to implementation and execution risks in its expansion plans.
If Reliance has to pay about one percentage point more for short-term money, the bond market could be out of bounds for many lower-rated firms after some time.
Microsoft saw its shares fall 2.6% on Monday.
Here's how best you can use the Rs 1 lakh exemption under Section 80C to to plan and save tax.
The Prime Minister's Office has suggested that EPFO should deploy 15 per cent of its funds as loan for low cost housing saying it would generate a credit flow of Rs 70,000 crore (Rs 700 billion).
Soccer fans mock as England dumped out of Europe twice in a week.
A fixed deposit probably ranks as the most conventional investment avenue for domestic investors. More importantly, given its offering, it makes an apt choice for risk-averse investors.
Investors in the 10% and 20% slabs can get better post-tax returns compared to a bank fixed deposit
According to a disclosure filed with the bourses, the promoters purchased 56.15 lakh shares in REL between May 14, 2007 to January 22, raising their holding to 8.43 crore shares or 35.66 per cent. The transaction was done through creeping acquisition of shares from the open market.
Weakness of dollar in the overseas market also boosted the rupee value against the dollar.
These bonds carry AAA/stable rating from Crisil. The tenure of this paper is expected to be 10 years. "The yields on the 10 year government bonds dipped from around 8.6 per cent at the end of September to about 5.7 per cent now. Hence, the bank will save on costs as it will be in a position to place bonds at lesser rates now," a senior SBI official said.
Companies with contrasting financial ratios enjoy similar credit ratings; agencies say they look at many other metrics.
Such cold-shoulder by banks also indicates a credit freeze that is hard to overcome, unless the government comes out with credit guarantee schemes for loans given by banks. Since that is not happening, and there is no indication of that too, banks are not willing to listen to RBI prodding.
However, 157 investors managing a total of $14.2 trillion were taking first steps towards addressing climate change
For existing investors, it may be prudent to redeem their current investments in gilt or dynamic schemes and invest it in short-term funds, if the exit load is not very high, advises Malhar Majumder.
Unlike bank FDs that are considered risk-free investments, NCDs do carry a certain amount of risk, primary among them is the risk of default, either servicing the interest payment or meeting their principal repayment obligations.
India batsman Cheteshwar Pujara has been issued a British work permit and is set to join Derbyshire County Cricket Club this week for the remainder of the English County Championship.
the ratings agencies have been inconsistent in their treatment of China and India. Given this record -- what we call Poor Standards -- my question is: why do we take these rating analysts seriously at all?," Chief Economic Adviser Arvind Subramanian said on Thursday.
Both athletes are involved in the ongoing doping investigations.
Summary of sports persons and events in the news on Friday.
The government on Wednesday tightened external commercial borrowing norms in the wake of softer interest regime and burgeoning foreign exchange reserves, now at over $92 billion.
'Once the lockdown is lifted, we will need the mother of all fiscal and monetary policy support to sustain the economy,' advises Akash Prakash.
'Overall, domestic demand has moderated significantly. 'The weakening of private consumption, which for long has been the bedrock of aggregate demand, in particular, is a matter of concern,' RBI Governor Shaktikanta Das said in the MPC meetings, in October.
At least a 25 basis points hike can be expected on the October 5 policy
Scam-tainted Suresh Kalmadi's association with any sports body has ended as he lost the membership of the powerful Council of the International Association of Athletics Federation.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances