Delhi airport’s debt issue nets Rs 1,200 crore
In September 2022, ET reported that GMR Airports, which operates the Delhi and Hyderabad airports, raised ₹1,100 crore from JP Morgan Securities and Morgan Stanley India Primary Dealer to make timely payments of its bonds.
RBI’s said to be open to new MoU if EU regulators soften audit stance
A meeting late last month between senior officials of the Reserve Bank of India (RBI) and European banks was the ice-breaker in protracted discussions over the foreign regulators’ de-recognition of CCIL. European banks trading in India that stand to be the most affected by the negotiations are Credit Suisse, BNP Paribas, Societe Generale and Deutsche […]
US concerns a drag on TCS for now, big picture’s more clear
The company’s management cited that clients in the US market, which contributed 53.4% to the FY23 revenue, have been deferring expenditure on discretionary projects to conserve cash amid economic uncertainties.
Rally in pharma stocks lifts benchmark indices
Long-term structural growth potential driven by anticipated shortage and price increases prompted investors to shuffle their bets in favour of pharma companies. On Wednesday, the BSE Healthcare index was the top sectoral performer.