Monday, July 1, 2019

DHFL lenders to sign agreement to implement resolution plan by July 5: Report

DHFL lenders to sign agreement to implement resolution plan by July 5: Report The resolution plan will likely constitute of securitisation of assets and conversion of debt into equity as an interim measure until a new investor is found.

from Moneycontrol Business News https://ift.tt/2XfDhl9

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...