Yield on SP Co's ₹14,300cr NCDs SurgesGoswami Infratech's NCDs yield surged to 22% due to SP Group's debt raise, linked to SIPL's interest rate, triggering early redemption even...
06 Jun, 2024, 08.57 AM IST
Yield on Goswami Infratech’s Rs. 14,300 Cr NCDs rises from 18.75% to 22%Goswami Infratech issued rupee-denominated zero-coupon NCDs to investors like Deutsche Bank, backed by group-level monetisation events for ...
05 Jun, 2024, 11.03 AM IST
SP Group arm Goswami Infra sweetens bond dealShapoorji Pallonji Group offers ₹400 crore more to Goswami Infratech bondholders to extend deadline for meeting covenants on ₹14,300 crore ...
20 May, 2024, 09.02 AM IST
Shapoorji Pallonji Group promoters in talks to refinance Rs 18,000 crore of debtThe debt is held by the Mistry family under Sterling Investment Corp. Pvt Ltd (SICPL), which owns a 9.182% stake in Tata Sons. These bonds ...
25 Aug, 2023, 07.55 AM IST
SP Group entity raises ₹14,300 cr in largest issue from a low-rated paperThe funds raised through this issuance will be utilised by the company to refinance upcoming maturities of Cyrus Investment Pvt Ltd debt, p...
28 Jun, 2023, 12.44 AM IST
Deutsche Bank, Cerberus to lead $1.7 billion credit raise by Shapoorji Pallonji promotersUS hedge fund Davidson Kempner (DK), Canyon Capital Partners and Varde Partners have also agreed to a three-year private credit line, with ...
27 May, 2023, 08.39 AM IST
Piramal puts stressed realty loan portfolio on the blockPiramal Enterprises (PEL) and its subsidiary Piramal Capital & Housing Finance (PCHFL) have jointly invited bids for their real estate port...
06 May, 2023, 12.33 AM IST
SpaceX files papers to launch Starlink in South KoreaThe rocket company, which is expected to set up a subsidiary in South Korea to qualify for registration, filed the request with the country...
13 Jan, 2023, 05.46 PM IST
Oak Tree-backed Antelopus to buy controlling stake in Selan ExplorationsAntelopus, backed by private equity firms, Oak tree Capital and ICE Canyon Capital has also launched an open offer to buy as much as 26 per...
18 Mar, 2022, 10.49 AM IST
Starlink, satellite internet unit of Elon Musk's SpaceX, can provide global coverage by SeptemberMusk had earlier said the low-Earth orbiting satellite network had received more than 500,000 preorders for its internet service.
23 Jun, 2021, 05.45 PM IST
Justin Bieber fans bribe rangers with free trips, food for a selfie at now-shut Iceland canyonBieber's 'I'll Show You' video created an overwhelming demand for the once-pristine spot.
20 May, 2019, 05.16 PM IST
Green vacations: Head to Iceland, Nevada, Mt. Fuji for an eco-friendly getawayThere’s every reason why a small step by you to protect the environment can help in restricting climate change.
07 Jun, 2018, 05.20 AM IST
The world's top five destinations with a breathtaking sunriseEven if you aren’t an early riser, some destinations look so gorgeous at sunrise that you’ll skip hitting snooze.
07 Dec, 2017, 11.27 AM IST
Wealthy families are winning deals away from private equityFamilies were once regarded as slow-moving and inexperienced investors, but that’s all changed.
21 Oct, 2017, 04.55 PM IST
Oman records 17% rise in Indian tourist arrivals in 2015Oman received 17 per cent more Indian tourists in 2015 at 299,022 than in 2014 and the Arab nation is expanding its basket of holiday-relat...
14 Mar, 2016, 06.46 PM IST
Wall Street’s bachelor party plannerLee Abbamonte’s clients want more than the clichéd “stripper and steak” experience.
25 Jul, 2014, 02.58 PM IST
Planning winter vacations: Check out some postcard-worthy destinationsChalking out your year-end winter vacation? ET-Travel picks out some postcard-worthy destinations for you to choose.
04 Oct, 2012, 07.34 AM IST