Goldman Sachs Asset Management has provided $600 million to Jubilant Bhartia Group through convertible preference shares, aiding their $1.5 billion acquisition of a 40% stake in Coca-Cola’s Indian bottling unit. This investment, part of Goldman Sachs’ private credit strategy, helps…
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The RBI Governor Sanjay Malhotra wants to assure certainty when the world economy is uncertain. “We believe in actions and not just making announcements,” he says.
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The Atlanta-based carrier made the comments in a previously unreported US Commerce Department filing late Tuesday in response to a recently opened national security investigation that could lead to additional tariffs.
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Securities and Exchange Board of India has ordered attachment of bank accounts, shares, and mutual funds of Mehul Choksi. This is to recover dues of Rs 2.1 crore. Choksi violated insider trading rules in Gitanjali Gems shares. He failed to…
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RBI Governor Sanjay Malhotra expressed concerns about cryptocurrencies, citing potential risks to financial stability and monetary policy. While the Supreme Court urged the Centre to formulate clear regulations, India is currently developing a discussion paper on cryptocurrencies, with an inter-ministerial…
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The Chief Financial Officers (CFOs) said the decision is set to push consumption across sectors, which in turn boosts demand that gives confidence to faster decision making in deploying funds for capital expenditure. CFOs also stated that the rate cut…
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