CARE has revised its ratings of Srei Infrastructure Finance’s (SIFL) bank facilities, long term infrastructure bonds and non convertible debentures to credit watch with negative implications. T...

The fiscal deficit widened to Rs 9.53 lakh crore, which is 119.7 per cent of the Rs 7.96-lakh-crore budgeted target, at the end of October of the current financial year. The deficit widened mainly on...

The -23.9 per cent shrinkage in the April-June GDP is not a surprise as nearly half the period witnessed a national lockdown. It’s also not surprising that this loss is the world’s steepes...

Shares of Vodafone Idea on Tuesday tanked over 16 per cent due to rating downgrade on AGR dues and other issues of the company.On the BSE, the stock plunged 14.91 per cent to trade at Rs 2.91 in early...

PNB Housing Finance on Thursday said it planned to raise up to $1 billion (around Rs 6,954 crore) from the overseas markets apart from an additional Rs 10,000 crore by issuing bonds.The fund raising ...

The infrastructure sector contracted for the second consecutive month by 5.8 per cent in October from a year ago, indicating the severity of the economic slowdown. Data showed that as many as six of t...