Reliance Industries has mopped up Rs 8,500 crore from the sale of non-convertible debentures (NCDs), cashing in on the cheaper funds flooding the debt market that is starved of quality paper, priced it at 7.20 percent
Federal Reserve's stimulus eases global market fears, gets cash flowing; Dow soars, dollar edges low
The US dollar edged lower against a broad range of currencies, while Treasury yields rose, a sign that investor concerns had eased, at least for the moment
FPIs stay bullish for third consecutive month; pump Rs 17,219 crore investments in April on favourable macroeconomic conditions
FPIs pumped in a net sum of Rs 21,032.04 crore into equities but pulled out a net amount of Rs 3,812.94 crore from the debt market during 1-26 April
Indian cos raised Rs 6 lakh crore from equity, debt markets in 2018; volatile market conditions brought down kitty by 30%
Data shows the debt market remains the most preferred route for raising funds to support business needs of the corporate world.
Tyagi noted that a vibrant capital market, both equity and bond, has to play a pivotal role to facilitate fund mobilisation for sustaining the country's projected economic growth momentum
DHFL plans to raise Rs 50,000 crore in FY19 through debt market and bank borrowings to support business growth
DHFL is planning to raise Rs 50,000 crore through the debt market and bank borrowings in the current financial year to support business growth
FIIs interest in the Indian debt market has revived in the recent months.
Patel has taken over the charge from Rajan after serving as deputy governor of RBI since January 2013. He was reappointed as deputy governor on January 2016.
Fund managers invested a net amount of Rs 7,200 crore in equity markets during the period under review
Earlier this month, BSE had conducted auction for government bonds worth Rs 310 crore, which attracted bids to the tune of Rs 813 crore.
RBI executive director G Padmanabhan said that with regard to foreign investment in domestic financial markets, the central bank's policy has been to increase access in a calibrated and gradual manner.
Overseas investors pulled out about Rs 3,400 crore (USD 544 million) from the Indian debt market in the past week amid concerns about the US government shutdown.
Telecom major Bharti Airtel today hit the overseas bond market to raise a minimum of $500 million, said merchant banking sources who are advising on the sale.
Reliance Industries, which is sitting on over Rs 75,000 crore in surplus cash, today launched an issue of bonds in Hong Kong and Singapore markets to raise a minimum $500 million (around Rs 2,700 crore), company sources said.
The issue hit the markets today and the final amount will depend on the investor appetite. The initial pricing is 6 percent over the US treasury
Shriram Transport Finance Company Ltd (STFC) said that it has entered the debt capital market with a public issue of Secured Non Convertible Debentures (NCD) of face value of Rs 1,000 each.
Market experts attributed the outflow to a slew of reasons such as depreciating rupee, high fiscal deficit and the current account deficit as well as lack of reform momentum.