Religare Finvest to default on Rs 100 crore NCD payment obligation – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/religare-finvest-to-default-on-rs-100-crore-ncd-payment-obligation/articleshow/82070449.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis NBFC firm Religare Finvest Limited (RFL) had borrowed Rs 100 crore from Axis Bank by placing non-convertible debentures (NCDs) on a private placement

Smaller auto component suppliers bore a larger impact from pandemic: Report – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/auto/auto-components/smaller-auto-component-suppliers-bore-a-larger-impact-from-pandemic-report/articleshow/82068434.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis While the number of days for which these large companies held inventory and the number of days after which they received payment for

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