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Top News In ஸ்ரே உள்கட்டமைப்பு நிதி வரையறுக்கப்பட்டவை Today - Breaking & Trending Today

SREI plans significant capital infusion; Debenture Trustee Calls For Voting

SREI plans significant capital infusion; Debenture Trustee Calls For Voting
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India needs orderly resolution of stressed accounts to tackle Covid impact

The Government of India, together with the Reserve Bank of India (RBI), had done a commendable job in alleviating the pain of the borrower community during and after the nationwide lockdown imposed to counter the COVID-19 pandemic. Thanks to their timely actions, a nascent recovery was visible in a few sectors during the last two quarters of FY21. Indeed, international prognostications for India s recovery for FY22 turned overwhelmingly positive in the last quarter of FY21. However, with the emergence of the second wave of the pandemic, which seems to be more severe and widespread than the first one, economic recovery now seems uncertain again. ....

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Nifty likely to see a gap-up opening of 180 points - The Hindu BusinessLine

April 26, 2021
Positive Asian markets, flattening of Covid cases lift sentiment
Indian stock markets are likely to open this week positive, thanks to bullish global cues. As Covid cases are stabilising in major States such as Maharashtra, analysts are hopeful that things will come under control quickly.
The SGX Nifty is ruling at 14,517 points, almost a 180-point gap up opening for Nifty futures, which on Friday closed at 14,338. Asia-pacific stocks such as Japan, Korea, China, Australia and Taiwan are up between 0.3 per cent and 1 per cent in early deal on Monday. The US markets too on Friday ended with sharp gains. ....

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Srei Equipment Finance receives EoI for capital infusion

Srei Equipment Finance receives EoI for capital infusion
By
IANS
|
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Srei Equipment Finance (Credit : srei.com). Image Source: IANS News
Kolkata, April 25 : Srei Equipment Finance Limited (SEFL) has received an Expression of Interest (EoI) for capital infusion from Cerberus Global Investments B.V.
In a regulatory filing, the company said that its board of directors along with that of Srei Infrastructure Finance Limited held meetings on Friday, April 23, 2021.
Established in 1992, Cerberus comprises one of the world s leading private investment firms with around $53 billion under management across multiple strategies. Cerberus is headquartered in New York City, USA, and has advisory offices in Mumbai, Tokyo, Hong Kong, Singapore, Beijing, London, Dublin, Dubai, Madrid and Frankfurt, among others. ....

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Srei Equipment Finance receives expression of interest for capital infusion from Cerberus Global Investments

Srei Equipment Finance receives expression of interest for capital infusion from Cerberus Global Investments
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