Vodafone Idea shares hit 20% upper circuit after govt to convert telco’s dues into equity
Vi quickly needs to clear dues of vendors like Indus Towers and expand its existing 4G network. It also needs to finalise 5G gear supply contracts with the likes of Ericsson and Nokia for rolling out next-gen networks and stem rapid subscriber losses.
ETMarkets Fund Manager Talk: This domestic fund manager is following “3-C” strategy to bet on India growth story
Significantly higher spending on capex, impetus to manufacturing sector especially MSMEs, and focus on boosting high employment-generating sectors such as tourism, start-ups, renewable energy are also positive steps.
ETMarkets Smart Talk: I give 4 out of 5 to Budget 2023 which is pro-growth: Prateek Pant
Yes, the FY24 budget builds on the foundation of sustainable growth laid out in the previous budgets while signaling policy continuity with a thrust on public capex, enhancing the ease of doing business and boosting exports and manufacturing.
Stocks to buy today: 6 short-term trading ideas by experts for 6 February 2023
On the options front, the weekly maximum Call OI is placed at 18000 and then towards 18200 strikes while the maximum Put OI is placed at 17700 and then towards 17500 strikes.“Nifty formed a Bullish candle with long lower shadow on a daily and weekly scale which indicates buying interest on declines.
Big Movers on D-St: What should investors do with Titan Company, SBI and Aegis Logistics?
The overall structure of the counter is favorable for investors that are looking to invest at such levels. The stock closed above the 200-SMA moving averages in the most recent trading session.
Companies may find it costlier to raise funds overseas
Overseas lenders will have to pay as much as 20% tax on interest earned on loans made to Indian companies starting July 1 and are likely to pass on the costs to borrowers, according to more than a dozen executives. The increased withholding tax rate would impact several big-ticket foreign funds, said market experts.
Need more foreign investment to boost corporate debt markets: Henry R Kravis, KKR
Kravis, who is also the co-executive chairman of KKR & Co, a company that bears his name along with that of his first cousin and a former Bear Stearns colleague, talked candidly about a wide range of topics including peak dollar, geopolitical risks around Ukraine, technology stocks and bad loans that India had in the […]
Market expects hike of 25-bps in a signal rate cycle’s peaked
Many financial industry experts polled by ET expect the central bank’s monetary policy committee (MPC) to change its policy stance to neutral from accommodative, with the real rates having turned positive.
Adani Group bonds may face pressure after S&P move
While all rating firms still maintain that the Adani entities have the ability to meet payment schedules, changing perceptions could immediately tighten liquidity for the capital-intensive group that has deployed funds in long-gestation infrastructure projects.
Adani exposure safe, no default risk: Axis Bank
“We extend credit, basis comfort on cash flow, security, and repayment capability of obligors as per the Bank’s credit assessment framework. We remain comfortable with our exposure to Adani Group basis the same,” the bank said in a regulatory filing.