News for '-sundaram-asset-management-company'

Interest coverage ratio of unlisted cos at 30-year high

Excess earnings of unlisted companies over and above their interest costs are at a record level. The interest-coverage ratio of 2.94 is the highest going back to 1990-91, according to numbers from the Centre for Monitoring Indian Economy (CMIE). The ratio measures earnings relative to every rupee to be paid as interest on outstanding debt.

BNP buys 49.9% in Sundaram arm

Why PSU stocks are going downhill

Price correction over post-election peaks could throw disinvestment calculations awry.