Fitch downgrades DIAL s long term debt with outlook negative
Photo: Reuters
Share Via
Read Full Story
NEW DELHI :
Rating Agency Fitch on Monday downgraded Delhi International Airport Ltd s (DIAL) long-term issue rating on its senior unsecured notes to BB from BB+ , while labelling the joint venture s outlook as negative due to significant travel restrictions put in place to curb the spread of the coronavirus. The downgrade reflects the sharp drop in DIAL s volume in 2020 due to significant travel restrictions to curb the spread of the coronavirus. Fitch expects the recovery in traffic volumes to be prolonged, the rating agency said in a statement.
MFine raises $16 million led by Heritas Capital
Premium
mfine was founded in February 2017 by Ashutosh Lawania (Myntra co-founder) and Prasad Kompalli, a former business head at Myntra.
2 min read
Share Via
Read Full Story
NEW DELHI: MFine, a digital health startup, has raised $16 million in a new funding round, led by Heritas Capital and which saw participation from Singapore-based family office of Y’S Investment Pte Ltd.
Existing MFine investors including SBI Investment, SBI Ven Capital, Beenext and Alteria Capital also participated in the round.
TRENDING STORIESSee All
1 min read
Premium
2 min read
Premium
2 min read
Premium
1 min read
Also Read |
Premium bicycle parts maker Spur Technologies on Wednesday announced setting up of a manufacturing unit at the upcoming Hero Industrial Parkat Ludhiana, in Punjab, that is expected to scale up its production capacity by 300 per cent. To be managed by Hero Motors Ltd, Spur is eyeing a major share in the USD 250 million global business by 2023, through the facility, which will help India become a strong components hub and significantly reduce imports of premium components, Spur Technologies Pvt Ltd said. Spur Technologies is a subsidiary of Hero Motors Company. At present, Premium bicycle parts maker s product-line consists of the front suspension forks, double wall alloy rims, BB cartridges, alloy stems and freewheels (single-speed).