Debt Repayment
IPO funds deployment: Only 26% of proceeds used for capex, majority allotted for debt repayment: BoB study
Bank of Baroda reveals that 65-67% of equity offering proceeds will go to businesses, with 26% for capex and more for debt. The IPO market has grown significantly in FY25, raising ₹1.25 lakh crore from 96 companies, reflecting a strong upward trend.
2 min read2 Dec 2025Minimum payment isn’t risk-free: 5 credit card realities you should know
From interest build-up to credit score impact, here are five key realities every credit cardholder should know before opting for minimum due payments.
4 min read16 Sep 2025Shapoorji Pallonji Group mulls sale of 18.4% Tata Sons stake to repay ₹876 crore debt: Report
Shapoorji Pallonji Group intends to use proceeds from selling its 18.4 per cent stake in Tata Sons to repay ₹876 crore debt owed by Goswami Infratech, as per a Bloomberg report. The move aims to lower borrowing costs amid ongoing talks for the stake sale.
1 min read12 Aug 2025Moody's upgrades Sri Lanka's rating to ‘Caa1’ after creditors' approval of $12.55 billion debt restructuring
Moody's rating hike action comes after the review, which started last week. The rating upgrade to ‘Caa1’ marks a stable outlook for the island nation of Sri Lanka, reported Reuters.
1 min read23 Dec 2024Wait for it…
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