Business

StanC stops lending in opposition to Adani $ bonds

After Citi and Credit Suisse, British bank Standard Chartered (StanChart) has stopped giving loans on the back of dollar bonds floated by companies of the Adani Group which is battling allegations of price manipulation and accounting fraud by US short-seller Hindenburg Research.Some of the relationship managers of StanChart…

Published

2 years ago

February 6, 2023

Shrishti

StanC stops lending in opposition to Adani $ bonds

After Citi and Credit rating Suisse, British bank Identical old Chartered (StanChart) has stopped giving loans on the inspire of buck bonds floated by companies of the Adani Neighborhood which is struggling with allegations of mark manipulation and accounting fraud by US quick-seller Hindenburg Review.About a of the relationship managers of StanChart…
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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

1 year 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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