Schuldschein is an alternative way to raise funds instead of loans or bonds and deals can run from $12 million to more than $1.13 billion. These instruments include tranches of different maturities and currencies and investors are spread across the world.
Nasper-backed fintech firm PayU has started talks to acquire domestic payment gateway major BillDesk, and the deal size could be in the range of $3-4 billion, sources in the know said. "BillDesk has been open to being acquired for some time now, but in the past the valuations that the company was seeking proved to be a hurdle," said a source. "Three years ago too, PayU had approached BillDesk for an acquisition, but things didn't go ahead due to high valuations. "BillDesk had asked for $2-billion value then," said the source.
One can see the scale of recalls going up as the market expands.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
More asset sales may be only way out, though most of the group companies' ratings have been downgraded and their combined market value is now a fraction of their combined debt.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
About 17.9 million people's life is at risk.
Banks have Rs 10 trillion in stressed assets - Rs 7.8 trillion of bad loans and Rs 2.2 trillion of restructured ones.
In a first of its kind move, the Indian Railways Catering and Tourism Corporation (IRCTC), the ticket booking arm of the Indian Railways, is looking to monetise its bank of passenger data while conducting business with private and government companies. IRCTC has a large bank of data related to every online railway ticket ever generated as it is the country's only railway ticketing platform, an IRCTC official told Business Standard. The public sector undertaking, which has sought the services of a consultant to assist with the monetisation process, plans to raise Rs 1,000 crore through this exercise.
The further expansion and upgrade of the Chinese military does not augur well for India, which continues to confront an increasingly belligerent China on its borders, notes former foreign secretary Shyam Saran.
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
Assocham estimates offices are facing staff crunches of 15 to 25 per cent with the various strains of fever.
Reliance Retail will acquire the retail, wholesale, logistics and warehousing businesses of the Future Group. Future Group's financial and insurance businesses are not part of the deal.
'We have already sanctioned loans worth over Rs 3,000 crore to around 120,000 customers.'
Serving pilots question the Kozhikode plane crash report findings.
The company will now focus on value creation for shareholders in the defence and construction businesses.
Sure we understand that isolating affected communities is part of the pandemic protocol, but we don't wish our life and freedom to be tossed aside at the slightest excuse, states Shyam G Menon.
Many people struggle to claim or liquidate investments and insurance policies due to procedural issues.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
'Many said his visit was very risky. But mercifully, Air Force One has taken off from Delhi without Mr Trump stepping on anybody's toes,' notes Ambassador T P Sreenivasan.
The government must send out a clear signal that leadership positions at regulatory bodies are not a preserve of retired government officials, argues A K Bhattacharya.
"We suspended the deal as a simple preventive measure, since there are complaints that could not be explained well by the complainant, so we opened a preliminary investigation last week," said Rosario, head of the Federal Comptroller General.
Air India plans to induct all these 19 aircraft between this fiscal to March 2018.
The government is expected to defer the mega initial public offering (IPO) of LIC to the next financial year as the ongoing Russia-Ukraine war has dampened fund managers' interest in the public issue, market experts said on Sunday. The government was looking to sell 5 per cent stake in Life Insurance Corporation (LIC) this month, which could have fetched over Rs 60,000 crore to the exchequer. The IPO would have helped meet the curtailed divestment target of Rs 78,000 crore this fiscal.
As for structural reform, there are signs if one looks hard enough.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Moreover, automobile and consumer durables players are slashing their ad expenditure by over 65 per cent this Diwali.
Experts say Biyani will now become a contract manufacturer of fashion and FMCG products, with the Reliance group being one of his customers.
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Rohan Murty was speaking at the 50th anniversary symposium of the computer science department at Cornell University.
Investors will remain cautious ahead of F&O expiry.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Taxation and intellectual property rights issue are some basic starting point impediments for US businesses in India, a top Indian-American CEO said on Monday.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Indian IT services sector is scrambling to retain talent since digitisation-led transformation has increased the demand for a digitally skilled workforce. As a result, the pull for jobs for tech professionals is also coming from non-IT sectors, leading to higher attrition among IT companies. The average number of tech jobs from non-IT sectors has seen a 41 per cent uptick in March-May'21 versus March-May'19, according to data from Naukri.com.
The presidential dreams that the veteran leader from Delaware had harboured since childhood seemed all but over for a third time until he won South Carolina's Democratic Party primary on February 29 last year, forcing most rivals out of the race and making one of the most dramatic comebacks in American political history.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
India's roughly $150 billion outsourcing sector generates about three quarters of its revenue from the United States.
'It is only fear and speculation, without much substance, that has led to the fall.'
