[ad_1] Vodafone Idea on Tuesday allotted ₹36,950 crore worth of equity shares to the Government of India, converting its spectrum dues into equity. With this, the Centre has emerged as the largest shareholder in the debt-laden telecom operator, now holding a 48.99% stake. The allotment involved 3,695 crore equity shares of ₹10 each, issued at […]
Exclusive | Global economy stabilising, but growth remains too low, warns World Bank’s Bjerde – CNBC TV18
[ad_1] The global economy may be stabilising, but growth remains worryingly low, warned Anna Bjerde, Managing Director of Operations at the World Bank, in an exclusive interview with CNBC-TV18. While acknowledging positive signs of stabilisation, Bjerde stressed that slowing growth in both developed and emerging markets is hindering poverty reduction and economic recovery. She also […]
Responsible borrowing and risk management key to avoid debt trap, say experts – CNBC TV18
[ad_1] Retail lending, particularly in the unsecured segment such as personal loans and credit cards, has been under scrutiny in recent months. With the Reserve Bank of India flagging concerns and tightening regulations, both lenders and borrowers are adapting to navigate this evolving landscape. As rising risks in unsecured portfolios and moderation in retail credit […]
IRB Infra to raise up to $200 million in debt securities – CNBC TV18
[ad_1] IRB Infrastructure Developers said on Wednesday it has received approval from its Management Administration and Share Transfer Committee (MAS Committee) to issue additional USD-denominated notes totaling up to $200 million, maturing in 2032. The decision, announced on October 9, 2024, is contingent on meeting procedural requirements, including the issuance of offering circulars. IRB said […]
Goal-setting in financial planning isn’t outdated, it’s indispensable, say experts – CNBC TV18
[ad_1] In today’s dynamic world, the concept of goal-setting, particularly in the realm of financial planning, might seem outdated to some. The unpredictability of life—whether it’s job security, early retirement, or the desire to travel—often leads people to question the relevance of long-term planning. However, experts like Gurmeet Chadha, Managing Partner & CIO at Complete […]
Bank of India MF launches Business Cycle Fund; NFO available till August 23 – CNBC TV18
[ad_1] Bank of India Mutual Fund has launched its new product, the Bank of India Business Cycle Fund, as part of its New Fund Offer (NFO). The NFO is open till August 23, 2024. The fund aims to capitalise on various phases of the economic business cycle: high growth, stable growth, declining growth, and very […]