Moody’s Ratings on Tuesday revised its outlook on U.S. business development companies (BDCs) to negative from stable, citing rising redemption pressures, higher leverage and weakening access to funding markets.
Cummins India shares fall over 4% as Q1 net profit dips 8% to Rs 543 crore. Buy, sell or hold?
Cummins India experienced a decline in shares following an eight percent dip in profits for the June quarter. In contrast, revenues surged with an impressive