Business

Glum’s downgrades Pakistan’s outlook

Moody’s Investor Service on Thursday downgraded Pakistan’s outlook from stable to negative, citing “heightened external vulnerability” and uncertainty around securing external financing to meet the country’s needs.”The decision to change the outlook to negative is driven by Pakistan’s heightened external vulnerability risk and uncertainty around the sovereign’s ability to secure additional external financing to meet…

Published

3 years ago

June 3, 2022

Shrishti

Glum’s Investor Carrier on Thursday downgraded Pakistan’s outlook from exact to hostile, citing “heightened external vulnerability” and uncertainty spherical securing external financing to meet the nation’s needs.”The resolution to change the outlook to hostile is pushed by Pakistan’s heightened external vulnerability likelihood and uncertainty across the sovereign’s ability to stable extra external financing to meet its needs…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

2 years ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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