Mumbai: ICICI Bank has provided a ₹2,675 crore debt facility to Tata Steel for a term of three years to repay its existing debt, said people aware of the development. Tata Steel has raised ₹2,700 crore through unsecured fixed-rate bonds at 7.79%, show documents filed with National Securities Depository Ltd. Tata Steel will make a … Read more
2020 GMC Sierra AT4Image: GMC The dark underbelly of car buying that is un-affordability and bad financial decisions is always with us. Car payments are still at all time highs, and more people than ever are underwater on their auto loans. That hasn’t seemed to stop people from wanting to go into debt for a … Read more
Image: Toyota Your twenties are the perfect time to screw up and try to get your shit figured out. Sometimes it takes getting to the rock bottom before you can dig yourself out of it. For the sake of everyone involved here, I hope this young woman on Caleb Hammer’s Financial Audit show has reached … Read more
Mumbai: After a decade, during when the equity markets have undergone dramatic changes, the Indian capital market regulator is planning to build a larger and more resilient settlement guarantee fund (SGF) which is created to meet contingencies arising on account of failure of payment by any broker member of a stock exchange. Besides reviewing the … Read more
Mumbai: SD Corporation, a wholly-owned company of Shapoorji Pallonji Company, rescheduled coupon payments on its ₹750 crore bonds by two months to March 31, 2024, with an agreement that it will deposit the coupon in an escrow account a day before the due date, said people with knowledge of the matter. The company is engaged … Read more
