- Corporates given one more year to pre-pay foreign loans
The pre-payment of FCCBs "shall come into force with immediate effect and the entire process of buyback shall be completed before March 31,...
05 Jul, 2012, 09.46 PM IST
- Most companies, including 3i Infotech, Great Offshore and Hotel Leelaventure, may default on FCCBs this year: S&P
More than half of the 48 companies that are due to redeem an estimated $5 billion of convertible bonds in 2012 may default, S&P forecasts.
22 Jun, 2012, 08.50 AM IST
- Companies may have to make provision for FCCB payouts
The government may ask companies issuing foreign currency convertible bonds (FCCBs) to set aside funds to redeem the borrowings.
17 Jan, 2012, 03.14 AM IST
- Cranes Software faces Bank of New York Mellon's winding-up petition
After Wockhardt and Karur KCP Packagings, another Indian co is headed for a tussle with offshore investors holding FCCBs issued by it.
15 Jul, 2011, 08.41 AM IST
- India Inc looks at China as FCCB crisis looms large
Indian companies have begun exploring possibility of getting cheaper loans from China to meet their other costlier foreign borrowing obliga...
27 Jun, 2011, 04.50 PM IST
- 3 Degrees Asset Management Hedge Fund alleges FCCB fraud by Tamil Nadu-based Karur KCP Packagings
If the stock market continues to languish, there could be more such feuds in future with about $7 billion FCCBs maturing this year.
12 May, 2011, 05.05 AM IST
- India Inc takes the FCCB road again
Over a dozen cos announce bonds this fiscal; US fin institutions top buyers’ list.
31 May, 2010, 12.36 AM IST
- RBI extends FCCB buyback time to June 30
FCCB is a debt instrument with an equity option by which companies raise funds from overseas.
29 Mar, 2010, 11.25 PM IST
- Foreign Currency Convertible Bonds to spurt back to life
The rally in the stock markets could now kindle hopes of conversion of these bonds, which has found few takers in recent times, especially ...
19 May, 2009, 02.20 AM IST
- Cos borrow abroad to buy back FCCBs
Indian companies are borrowing money overseas to buy back the foreign currency convertible bonds that were issued by them and are now selli...
30 Apr, 2009, 01.07 AM IST
- Cos may land a windfall from FCCB buybacks
During the first nine months of the last fiscal, firms following Accounting Standard 11 had written off heavy mark-to-market losses towards...
07 Apr, 2009, 12.29 AM IST
- Companies approaching private equity funds for FCCB buyback
Companies wanting to go for buyback of their FCCBs (foreign currency convertible bonds) amid sharp fall in the bond prices are approaching ...
02 Feb, 2009, 04.15 PM 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
- 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
- India Inc raises over $13 bn from overseas mkts
The charm of foreign shores as source of funds is getting stronger in India, with domestic firms already having raised over $13 billion (Rs...
16 Oct, 2006, 03.10 PM IST
- Corporates go on a dollar chase
Indian corporates raised $3.3bn from the overseas markets during April and May ‘06. This is more than double of what they raised in the sam...
17 Aug, 2006, 01.03 AM IST