Jaiprakash Associates redeems $523 million FCCBsJaiprakash Associates Ltd has paid $523.5 million, equivalent to Rs 2,890 crore to the bondholders to redeem FCCB that was raised in 2007.
13 Sep, 2012, 06.39 AM IST
- Assured of raising $50 million via FCCB issue: Tulip Telecom
Tulip Telecom today said it has received firm commitments of $ 50 million towards subscription of its Foreign Currency Convertible Bonds (F...
17 Aug, 2012, 07.26 PM IST
- United Spirits' $225 million FCCB issue delayed
Vijay Mallya-led UB Group, today said its $ 225 million FCCB issue will be delayed with bankers asking for audited accounts till March this...
03 Apr, 2012, 10.15 PM IST
- REC plans to raise $1.75 bn by November; stock down
State-run power sector financer, Rural Electrification Corporation (REC) is planning to raise up to $1.75 billion, equivalent to nearly 7,9...
06 Jun, 2011, 10.02 AM IST
- REC plans to raise $1.75 billion by November through FCCBs and external commercial borrowings
Out of $1.75 billion, REC would raise up to $1 billion through FCCBs and $750 million through external commercial borrowings (ECB).
06 Jun, 2011, 03.24 AM IST
- Bombay HC stays admission of winding up petition: Wockhardt
Wockhardt on Wednesday said a division bench of the Bombay HC has granted ad-interim relief to it by staying the admission of a winding up ...
23 Mar, 2011, 04.57 PM IST
- Essar Oil mops up $147 mn via FCCB issue
Ruias-controlled Essar Oil, on Friday, raised $147 million by selling foreign currency convertible bonds to part finance expansion plan.
10 Jul, 2010, 01.02 AM IST
- Hedge funds seek closure of Venus Remedies
US-based hedge funds DE Shaw and Citadel Investment Group have filed a winding-up petition against Venus Remedies, after the Chandigarh-bas...
10 Sep, 2009, 12.32 AM IST
- Meltdown spoils party for cos with FCCB dreams
Uncertainties in global financial markets have hit the market for foreign currency convertible bonds (FCCBs).
19 Mar, 2008, 01.27 AM IST
- India Inc converts, loosens FCCB bonds
Foreign currency convertible bonds (FCCB) are losing their sheen. After becoming India Inc’s favourite fund-raising instrument, FCCBs are f...
22 Aug, 2007, 04.31 AM IST
- India Inc converts, loosens FCCBs
After becoming India Inc’s favourite fund-raising instrument, FCCBs are falling out of favour due to rising interest costs, declining premi...
22 Aug, 2007, 02.18 AM IST
- FCCBs issuances hit by choppy market
India Inc raises just $1.68 bn via FCCBs in Q1 FY'07, against $3.06 bn in the same period last year.
02 May, 2007, 03.01 AM IST
- Choppy market takes its toll, FCCB issuance down 45%
India Inc raises just $1.68 billion via FCCBs in the first quarter of 2007, against $3.06 billion in the same period last year.
02 May, 2007, 02.30 AM IST
- R-Comm raises $1b via jumbo FCCB issue
Reliance Communications (RCL) has raised $1 billion through foreign currency convertible bonds (FCCBs) in the largest-ever FCCB issue from ...
06 Feb, 2007, 04.43 AM IST
- Most cos may find it tough to service FCCBs
The slew of foreign currency convertible bond (FCCB) issuances by Indian companies in recent times is seen as a threat to their financial p...
21 Nov, 2006, 01.14 AM IST
- Pharma companies with FCCB funds may report fall in net profit
Net profits of Indian pharmaceutical companies, which have raised funds through foreign currency convertible bonds (FCCBs), would be lower ...
17 Oct, 2006, 12.34 AM IST
- Slowdown in FCCB issues likely
Indian corporates, which have been aggressively raising money through foreign currency convertible bonds (FCCBs) in the first five months o...
12 Jul, 2006, 03.28 AM IST