This is how far back one must travel in time to understand the surging cost of funds in the world’s biggest debt market, which determines how much companies from Jakarta to Johannesburg would pay to raise funds for anything: From something as mundane as staff wages and vendor payments to initiatives far more elaborate and capital-intensive, such as capacity generation and M&A.
Vodafone Idea shares dive 12% as SC rejects $5B dues waiver
Vodafone Idea shares plummeted after the Supreme Court rejected its plea to waive over $5 billion in interest and penalties on statutory dues. The telecom