In a report issued two months ago, Fitch said the cash generating and debt servicing ability of the top 500 Indian companies was the weakest since 2008, with 64 percent showing a decline in fund flow margins since 2012.
#RBI#Interest rates#India Inc#PFC.#corporate defaults
State-run Power Finance Corporation said it would set up a $ 1 billion private equity (PE) fund in joint venture with Tata Capital to invest in the equity of private power projects #DealStream#Private equity#PFC.#Tata Capital
Two American soldiers were killed by an improvised explosive device Thursday in Afghanistan, the Department of Defense said. They were identified as Staff Sgt. Benjamin G. Prange, 30, of Hickman, Nebraska, and Pfc. Keith M. Williams, 19, of Visalia, ... #Afghanistan#Nebraska