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FCCB CANCELLATION
Zee Entertainment cancels $215 million FCCBs after bondholders seek exit amid geopolitical tensionsZee Entertainment has cancelled over $215 million in unutilised foreign currency bonds. The company will also redeem $23.9 million in outst...
I have no intention to flee: Manoj Gaur, Executive Chairman & CEO, Jaypee Group"We are taking a detached view of our businesses and selling off whatever we can to raise funds. Our constant effort has been how not to gi...
- Top telecom companies like Idea, Airtel expected to report modest earnings growth in Q4
An increase in call tariffs earlier in the quarter, which telcos claimed was imperative for their survival, has helped the debt-ridden indu...
- Radico Khaitan completes FCCB’s redemption worth $50 million
Radico Khaitan redeemed FCCBs worth $50 mn, it said in a filing with the Bombay Stock Exchange. The company said it has no FCCBs outstandin...
- Stocks to watch: L&T, Spicejet, Religare Enterprises, Jaiprakash Associates, Reliance Industries, Amtek Auto
A possible merger between low-cost carriers SpiceJet and Wadia Group-owned GoAir has hit a roadblock after the two sides failed to arrive a...
- Wockhardt may take forex issue to court
Wockhardt is talking tough with banks that have unilaterally terminated their forex contracts with the company ahead of schedule.
- Wockhardt may take forex issue to court
Wockhardt is talking tough with banks that have unilaterally terminated their forex contracts with the company ahead of schedule.
- Faulty blades, forex call leave Rs 183-cr hole in Suzlon books
A huge loss suffered through currency options and the expense incurred in replacing faulty blades supplied to the US customers saw Tulsi Ta...
- Hotel Leelaventure buy backs FCCBs close to $50 mn
Hospitality major Hotel Leelaventure on Monday said it has bought back nearly 50 million dollars foreign currency convertible bonds (FCCBs)...
- Khaitan mulls buying foreign currency convertible bonds
Liquor company Radico Khaitan is planning to buy back foreign currency convertible bonds to take advantage of cheaper valuation of the bond...
- RasGas to acquire 10% in PLL for Rs 460 cr
Qatar’s RasGas is likely to buy up to 10% equity stake in Petronet LNG (PLL), valued at Rs 460 crore.