No festive cheer in auto industry in October as high fuel prices, interest rates play spoilsport

Sales of mini cars comprising Alto and WagonR were at 32,835 units as compared to 32,490 units in July last year, up 1.1 per cent. Read more »

KBRA Assigns BBB Preliminary Rating to Michigan Strategic Fund Limited Obligation Revenue Bonds (I-75 Improvement Project), Series 2018

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a BBB preliminary rating to the Michigan Strategic Fund Limited Obligation Revenue Bonds (I-75 Improvement Project), Series 2018 (the “Bonds”) for a principal amount... Read more »

Delhi High Court to hear Daiichi’s case to block Fortis deal on November 15

The court will continue hearing arguments in this matter on November 15. Read more »

KBRA Assigns BBB- Issuer Rating to Newmark Group, Inc.

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns an issuer rating of BBB- with Stable Outlook to diversified real estate services company Newmark Group, Inc. (“Newmark”). The issuer rating assumes that Newmark... Read more »

KBRA Assigns Preliminary Ratings to Marlette Funding Trust 2018-4

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Marlette Funding Trust 2018-4 (MFT 2018-4). This is a $266.10 consumer loan ABS transaction. This... Read more »

MFIN insists all micro lenders to sign common microfinance code

MACC has been in vogue for over a year while it could not be implemented since several banks and small finance banks are not signatories to this. Read more »

Reserve Bank of India gives licence to Kirloskar Capital

Kirloskar Oil Engines Ltd (KOEL) distribution network, the company said in a release on Thursday. Read more »

DLF inks pact with Hines for 12-acre Gurgaon plot joint development

DLF subsidiary will hold 51% stake in this partnership, while rest will be held by the fund managed by Hines, the developer said in a regulatory filing. Read more »

7 Secrets for Using FinTech to Manage Small Business Cash Flow Revealed

FinTech is changing the ways that small businesses handle their cash flow. Here are 7 ways they're successfully managing cash flow with FinTech. Read more »

Two IndiGo planes avert mid-air collision in Indo-Bangladesh airspace border

With only 45 seconds before the possible collision, it was averted after the Air Traffic Control (ATC) tower in Kolkata instructed one plane to turn right and move away from the other... Read more »