India Ratings downgrades Jana Holdings’ NCDs to ‘IND D’ on debt maturity extension

India Ratings and Research downgrades Jana Holdings NCDs to IND D after debt maturity extension, flags default risk, weak liquidity and refinancing challenges.

India Ratings and Research downgrades Jana Holdings NCDs to IND D after debt maturity extension, flags default risk, weak liquidity and refinancing challenges.

For the first six months of 2026, the Dow Jones ended with gains of close to 9%, marking its best performance in the first half of a calendar year since 2021. During the same period, the S&P 500 and Nasdaq…

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Stocks in South Korea and Japan advanced as the Kospi, taking the MSCI Asia Pacific index up 0.3%.

Brent was above $73 a barrel, while West Texas Intermediate was close to $70 a barrel.

Along with the drop in US Dollar revenue, KPIT Tech also expects its Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA), and net profit margins to decline on a sequential basis, along with a limited room for cost optimization in…

Shares of RITES Limited ended at ₹204.85, down by ₹1.10, or 0.53%, on the BSE.

The holding company of Jana Small Finance Bank has delayed repayment of its debentures and is expected to be downgraded to a default rating, although the bank itself is unlikely to face any direct financial impact, sources said.

Shares of Railtel Corporation of India Ltd ended at ₹307.65, up by ₹1.40, or 0.46%, on the BSE.

Shares of Glenmark Pharmaceuticals Ltd ended at ₹2,204.90, down by ₹18.70, or 0.86%, on the BSE.