Private sector companies have seen their spreads widen, whereas government-owned banks and state-owned companies have largely remained steady, with yields on their dollar bonds remaining flat over the past week following the tariff announcement. However, relief came from tariff pause for some issuers like Biocon Biologics’ 6.67% due 2029 rising 4 points today, though still lower by over 8 points from start of the month.
Who controls India Inc.? The answer is starting to change: NSE report
The NSE’s March 2025 report reveals private Indian promoters still lead with a 32.5% stake in NSE-listed firms. However, domestic mutual funds have reached a