Shapoorji Pallonji Group raises $200 mn against Tata Sons shares
This short-term finance is part of a larger round of balance sheet restructuring to reduce debt.
Greenko raises $350 million via overseas bonds
The pricing was a quarter-point lower than the initial guidance. These bonds are known as 144A...
Deutsche Bank posts 32% increase in FY19 profit
Total income increased 21 per cent to Rs 6,891 crore, from Rs 5,716 crore.
Buy IndusInd Bank, target Rs 1,900: Deutsche Bank
The brokerage has set a one-year horizon for the stock to hit the target price.
Shriram Transport raises $500 million via offshore bonds
The company is said to have received subscription demand for nearly $2 billion from long-term asset managers in the current round of debt sale.
Trump saves about $1 million with Powell’s interest rate cut
Until this week, Trump’s floating-rate debt cost him about $17.1 million.
Risk appetite for high-yield Indian bonds likely to sustain till Q1: Amrish Baliga
The DB house view is that the repo rate in India will be cut by 65 bps to 4.5% over the course of 2020.
Citi to cut hundreds of trading jobs in bad sign for Wall Street
Citi plans to slash jobs across its fixed-income and stock-trading operations in 2019.
Global funds line up for Yes Bank’s $400-million QIP
The bank is looking to shore up its capital base due to a spike in bad loans.
Banks set for biggest job cull since 2015 as Morgan Stanley cuts
Morgan Stanley is the latest firm to make a year-end efficiency push, cutting about 1,500 jobs.
European shares slide as pandemic jitters return
The pan-European STOXX 600 index was down 1.1 per cent.
One man alone lost Rs 7,000 crore in YES Bank rout since August
The bank reported results that showed capital buffers had weakened & bad loan ratio widened.
A stock market dying to know what Powell knows about the economy
Early reports from companies with exposure to multiple sectors have been worrisome.
Some jobs to be hit in India as well due to global lay-off: Deutsche
The bank has announced shuttering of its global equities business, which will impact as many as 18,000 jobs globally.
Deutsche lets go 8 members of India research team
The talk is that the bank has also asked a sales trader to leave.
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