JLR expects free cash flow (FCF) to reach over 800 million pounds for the March 2023 quarter. For FY23, FCF is estimated to be over 500 million pounds implying cash outflow in the earlier quarters of the fiscal year. The FY23 FCF will be the highest in seven years. It is also significantly higher than JLR’s earlier guidance of breaking even on the FCF front.
Banks ride RBI swap wave to raise $12 billion via overseas debt
This week was the busiest for forex debt issuance by Indian lenders. ICICI Bank, Kotak Mahindra Bank, IDFC First Bank, HDFC Bank and Bank of
August 22, 2026