Insights from management commentaries provide indicators of the Indian economy’s health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector witnesses deceleration in volume growth. FMCG sector faces slow sales growth.
Sammaan Capital raises $300 million via overseas bond issue
Sammaan Capital (formerly Indiabulls Housing) has successfully raised $300 million through a three-year bond issuance to overseas investors at 8.95%. This marks their first international