"Japan was the maiden attempt to raise funds via external commercial borrowing, and we have been received very well. There is a good arbitrage; we are getting funds at 6.5%-80-100 bps lesser than the domestic funds," said Kulshreshta, noting that the company s fundraising may surpass its original aim.
Oak Thistle LLC purchased a new stake in Travel + Leisure Co. (NYSE:TNL – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 26,762 shares of the company’s stock, valued at approximately $1,046,000. A number of other hedge funds […]
Mizuho assumed coverage on shares of Travel + Leisure (NYSE:TNL – Free Report) in a research report released on Tuesday, MarketBeat Ratings reports. The brokerage issued a neutral rating and a $55.00 price target on the stock. Several other research firms also recently weighed in on TNL. Jefferies Financial Group raised Travel + Leisure from […]
Nitin Soni of Fitch Ratings expects a tariff hike for Indian telcos due to low return on investment and ARPU. Competition is likely to remain subdued, allowing Bharti Airtel and Reliance Jio to increase ARPU. Investment in a larger fibre network is needed for future 6G readiness and data offloading.