cash

Gayatri Projects: Creditors vote to liquidate Gayatri Projects after rejecting sole bid

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Gayatri Projects: Creditors vote to liquidate Gayatri Projects after rejecting sole bid

Mumbai: Creditors to Gayatri Projects (GPL), promoted by former Rajya Sabha MP T Subbarami Reddy, have voted to initiate liquidation proceedings against the company after rejecting the only bid from private equity fund Mark AB Capital Investment LLC, people familiar with the matter said. Mark AB was offering a total of ₹650 crore, of which … Read more

market: Sceptics say $6-trillion cash waiting on sidelines is a mirage

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market: Sceptics say -trillion cash waiting on sidelines is a mirage

One often-made argument in favor of stocks says investors should dive in before roughly $6 trillion of money-market cash gets redeployed into equity assets globally. But buying the theory requires a big leap of faith – there’s significantly less out there to actually fund riskier gambles. So say a pack of stock skeptics who, while … Read more