Suffered multiple setbacks. A fire at its gigafactory in berlin halted production. Higher interest rates, which put up borrowing costs, are also taking a toll and it has an ageing line up of vehicles. But it is the Chinese Market that investors are most worried about. Dan ives from Wedbush Securities blamed rising Ev Competition and a lingering price war for the challenges that the Company Faces in that market. The gloomy outlook, well, its driven teslas stock down roughly 30 since the start of this year. Still one bright spot it looks poised to retake the title of largest ev maker in the world from chinese rival byd, which on monday said it had sold around 300,000 evs during the quarter. Here are some of them might have, tesla and other makers of Electric Vehicles the Senior Minister in the Indian Government in charge of Road Transport has said that the country will have no diesel or petrol vehicles in the future. But the minister didnt give any timeframe for this and vicious target n
Tata Capital plans to raise $750 million through overseas bonds or loans to diversify its liability base. The company s loan book stands at around $18.1 billion and aims to grow at over 25%. Funding costs for NBFCs have risen, and the corporate bond yield curve remains inverted.
India Business News: MUMBAI: Tata Capital is looking at overseas fundraising for the very first time and hopes to raise around $750 million via offshore bonds or loans in .
Canada Life has closed its onshore bond and personal pension operations with immediate effect with its wealth division’s focus now shifted to offshore bond products.
The move to buy back shares is seen as an attempt by the company to boost investors confidence, which suffered a setback after its shares were delisted in July by the New York Stock Exchange due to its failure to disclose FY22 annual audited results within the mandated deadline. It eventually published its results on October 12, 2023.