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Sundararajan said the company had been able to achieve relatively stable and competitive cost of funds from a range of sources, despite the difficult conditions in the economy. File Photo Shriram City Union Finance will hit the debt market with Rs...
They usually carry a higher interest rate than a convertible debenture. Srei Infrastructure Finance Ltd has sought market regulator Sebi's approval to raise up to Rs 150 crore through non-convertible debentures (NCDs) for use towards its financial
Bank International AG, one of Austria's three biggest banks, Thursday said it would propose a lower dividend after reporting a 20% fall in net profit for 2013. The bank said the decrease in net profit was primarily due to one-off effects in 2012,
In Honore de Balzac's 1835 novel Pere Goriot , a cynical observer of Parisian society under the reign of Louis-Philippe extends some career advice to a penniless young nobleman: The Baron de Rastignac thinks of becoming an advocate, does he?
Spain's Bankia will seek on Friday to sell its recovery to some of its fiercest critics, the thousands of small investors who lost money in the country's biggest-ever corporate bail-out. Bankia, transformed from a symbol of Spain's financial crisis
Saccos are the best option for people in employment who want to save up to start a business. In the recent past something remarkable has happened in one segment of the financial industry. Savings and credit co-operatives have reinvented themselves,
Valuable Money Habits to Implement This Year Talking about money is viewed as taboo in many circles, but at the end of the day, money is what makes the world go 'round. Money pays for health appointments, housing and utilities, food, gifts, gadgets,
TDP president N Chandrababu Naidu on Wednesday promised to develop Visakhapatnam as the country's second economic capital after Mumbai. Addressing the Praja Garjana meeting here, Naidu said that Vizag has a strong potential
Manappuram Finance Ltd, a leading gold loan lender, has come out with another public issue of secured, redeemable, non-convertible debentures aggregating to Rs 100 crore to finance capital expenditure. The issue would have an option to retain over
Market View The consulting firm has created the new index because more pension plans in all four countries are in a position to do pension buyouts as pension funding improves and companies do not have large deficits that have to be funded. Video