ஹேமண்ட் மிஷ்ர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from ஹேமண்ட் மிஷ்ர். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In ஹேமண்ட் மிஷ்ர் Today - Breaking & Trending Today
Urgent call: Vodafone Idea seeks to raise up to $3 billion from Apollo Global SECTIONS Share Synopsis At present, UK’s Vodafone Group Plc and the Aditya Birla Group own 44.39% and 27.66%, respectively, in Vi as its co-promoters. Vodafone Idea dials Apollo Global, seeks to raise up to $3 billion Vodafone Idea (Vi) has started talks with US PE group Apollo Global Management to secure up to $3 billion (Rs 22,400 crore) in funding over the next three months through a mix of debt and equity to meet major upcoming payment obligations, three people aware of the discussions told ET. Talks with Apollo, one of the executives said, are focused on business valuations, funding terms and structure of the proposed deal. ....
Mumbai: Debt investors are dumping India amid rising fears that growth could be tepid and interest rates could spike due to high government borrowing. Foreign portfolio investors (FPIs) have sold a net of `16,787 crore worth of debt securities since January 1, show data compiled by ETIG Database. In contrast, they purchased a net ₹38,442 crore of equities, betting on the country’s growth prospects. “India’s macro deceleration will likely hit companies’ creditworthiness and their ability to service their debt obligations,” said Hemant Mishr, founder of SCUBE Capital, a Singapore-based fund. “A rotation is happening away from onshore Indian bonds on the back of risk aversion, triggered by the second (Covid-19) wave,” he said. “This in turn will likely put the rupee under pressure amid growth concerns if the situation is not quickly brought under control.” ....
Explore Now MUMBAI: The cost to insure against a potential default by Indian banks has risen about a fifth in the past two weeks as various states imposed local curbs on mobility and businesses. Credit Default Swaps (CDS), an insurance against default, tied to State Bank of India are now at levels last seen during the peak of the first wave of coronavirus. The CDS rates seem to discount the market-beating earnings of private lenders for the fourth quarter. “Global risk premiums for Indian lenders have gone up amid this volatility,” said Ganeshan Murugaiyan, head of investment banking for India at ....
Cost to cover default risks goes up for banks SECTIONS Share Synopsis Credit Default Swaps (CDS), an insurance against default, tied to ICICI Bank and State Bank of India are now at elevated levels that were last seen during the peak of the first wave of coronavirus. The CDS rates seem to discount the market-beating earnings of private lenders for the fourth quarter. Agencies The sentiment in the CDS market slightly improved on Tuesday with the gauge falling a few basis points after the international community started sending Covid assistance to New Delhi. The cost to insure against a potential default by Indian banks has risen about a fifth in the past two weeks as various states imposed local curbs on mobility and businesses. ....