NEW DELHI: DCM Shriram said it will receive $90 million from International Finance Corporation, the World Bank Group’s private sector arm, through sustainability-linked non-convertible debentures. Proceeds will fund expansion of its chemicals business.
Foreign outflow worries ‘overstated’: S&P confident about India amid Middle East crisis; says economy ‘fundamentally strong’
According to S&P Global, fears regarding net foreign investment outflows have been “somewhat overstated”. (AI image) India is handling global financial headwinds more effectively than the headline figures indicate, and…