Ratings agency S&P Global on Thursday downgraded its outlook for India’s Tata Motors Passenger Vehicles to “negative”, citing a “slow recovery” of the carmaker’s core Jaguar Land Rover (JLR) unit, which was hit by a cyber attack early last month. The cyber incident at the British JLR, the cash cow unit of Tata Motors, led […]
The international dollar bonds of Argentina rose in a volatile session on Thursday after the American Minister of Finance Scott Bessent said that the US “does not stop any money in Argentina” shortly after he said that the coming personal discussions in Washington “meaningful” would promote the promise of the financial support of President Javier […]
The private credit market in India is very small compared to the rest of the world, with estimated assets that are managed from $ 25-30 billion from March-end | Photocredit: Prakash Singh Private credit in India is ready for strong growth powered by regulatory restrictions, infrastructure financing and acquisition of stressed assets under IBC, according […]
However, experts warn that the upgrade will not immediately channel funds on the debt market. | Photocredit: Reuters The market for government effects (G-SECs) gathered on Thursday about expectations of foreign portfolio investor (FPI) in the debt market, after S&P Global has upgraded the sovereign rating of India from ‘BBB’ to ‘BBB’, with a stable […]