Fairfax’s Odyssey Reinsurance offers Rs 500 crore debt to IIFL Finance for gold loans. Prem Watsa’s subsidiary provides secured, rated bonds at 9.5% coupon. ET’s comment requests to IIFL Finance and Fairfax go unanswered.
In the Nifty500 pack, five stocks are witnessing Death Crossovers, according to stockedge.com’s technical scan data. The death cross is a technical indicator of bearishness.
KEC International has secured new orders worth Rs 1,267 crore, boosting the company’s total year-to-date order intake to Rs 23,300 crore. The firm has won
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