Aero India

According to CARE Ratings report, the growth is driven by a low base, non-banking finance companies (NBFC), retail credit, higher working capital demand driven by inflation and improvement in capacity utilisation ratio, and rising demand for fresh capex.

"UPI P2P accounted for 49 per cent in volume and 67 per cent in value but in terms of merchants' transactions, UPI P2M emerged as the preferred payment mode with a market share of 34 per cent in volume and 17 per cent in terms of value," said Worldline's 'India Digital Payments Report'.

"Poonawalla Fincorp (erstwhile Magma Fincorp) has undergone a metamorphosis of sorts after significant capital infusion by the Poonawalla group (62% stake) in early-CY21. The backing of a respected, longstanding, non-levered promoter group has enabled the company to reduce its cost of borrowings significantly and thus focus on the credit-tested, high quality customer base while also making strong long-term investments in technology, presence and talent. All this, with clear visibility of a strong RaRoC," said JM Financial Institutional Securities Ltd. in a report.

Power Finance Corporation Ltd raised Rs 3,000 crore through bonds maturing in 47 months at a coupon rate of 7.13 per cent, market participants have said. The company had planned to raise Rs 3,000 crore, which included Rs 2,500 crore in greenshoe. The bidding for the bonds has taken place on electronic bidding platform of the National Stock Exchange of India.

The Centre on Friday approved the airline's domestic summer schedule 2022, with 3.7 per cent more flights than the pre-pandemic level. This year's summer schedule will also have 10.1 per cent more flights than the corresponding period of last year - when capacity restrictions were imposed on the sector. The summer schedule is effective from March 27, till October 29.