Kinara Capital, a fintech lender, faces financial challenges due to losses from unsecured loans, reporting a ₹350 crore loss in FY25. The company is seeking equity infusion and covenant waivers from lenders to address breached financial covenants on a significant portion of its debt.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above