Dewan Housing Finance Limited (DHFL) is in focus again due to continuous downgrade by rating agencies. The latest is from CARE which downgraded DHFL to BBB- on 14th May and CRISIL which has downgraded the ST rating to A4+ on 11th May. This rating by CRISIL signifies very high credit risk and...
On 7th May, Prashant Ruia, director of Essar Steel, moved the bankruptcy court, yet again, in an attempt to derail Arcelor Mittal’s Rs42,000-crore bid for the family’s flagship company
Passive investing is on the rise in India, as we saw in the previous issue’s article. Faced with constant underperformance to a given benchmark, the strategy of mimicking the same benchmark index or portfolio rather than attempting to beat it, gained huge popularity in the developed markets
