Can China Take Up Slack Left by India In Global Coal Demand?

Although the market is cheering revival of Chinese coal demand in the short term, how long the rally will hold is anybody’s guess.

Can China Take Up Slack Left by India In Global Coal Demand?

As India promotes domestic usage of coal to cut dependence on imports, China’s imports are on the rise in a contrasting trend. But a billion dollar question is, will China be able to pick up the slack left by India in the world coal demand?

REC Has Kept Loan Portfolio Fairly Diversified To Avoid Risk Concentration

Maharashtra utilities are REC’s biggest borrowers, with Maharashtra State Power Distribution Company and Maharashtra State Electricity Distribution Company between them owing Rs 23, 441 crore, or 11.28 per cent of loan book, to the state-owned non-banking finance company.

REC Has Kept Loan Portfolio Fairly Diversified To Avoid Risk Concentration

REC has fairly spread its loan exposure to avoid concentration of risks to a few borrowers. Some 10 state-owned utilities account for nearly 37 per cent of total loan amount owed to the company as at the end of June. Moreover, no single borrower accounts for more than 7 per cent of REC’s loan book.

Bond Bulls Drool As ONGC Plans To Hit Debt Market

Given the company’s credit metrics -- it has 130 billion rupees ($2 billion) of cash on its books and a long-term rating that’s a notch above the government -- the issuance will be bought by investors drawn to one of the world’s fastest growth rates and Prime Minister Narendra Modi’s economic policies.

Bond Bulls Drool As ONGC Plans To Hit Debt Market

Bond bulls are drooling as ONGC plans to hit the debt market for the first time to raise as much as $5.2 billion to buy government’s stakes in HPCL and finance its projects.