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Vedanta Resources seeks $200 million loan top-up after $350 million deal earlier this yearVedanta Resources is looking to boost its existing $350 million loan by at least $200 million. The company is in talks with Sumitomo Mitsui...- Vedanta seeks $450 million to repay top-performing junk bondsVedanta's notes maturing in April 2026 were among the top performers in India's high-yield sector last year, delivering an 80% return as Ag...
- Bandhan Bank hires Citi India executive Rajeev Mantri as its chief financial officerMantri, a seasoned banker with extensive experience spanning over 25 years in India, Singapore, and UAE, has been appointed as the Chief Fi...
- Bandhan Bank's search for CFO ends with veteran Rajeev Mantri taking chargeBandhan Bank Limited has appointed Rajeev Mantri as its Chief Financial Officer (CFO) and Key Management Personnel (KMP), effective from Fe...
- Can India really overthrow Visa and Mastercard?The decision by global card firms to boycott Russia over its invasion of Ukraine may amplify nationalist sentiments. But will RuPay ever be...
- Altico Cap promoters, investors differ on fresh fund infusionIndia Ratings last week downgraded Altico Cap to "D" or default from 'A+' .
- View: A bank’s race against crisis puts India on warningYes bank had a Rs 450 crore exposure to Altico, the third-highest after Mashreq and HDFC Bank Ltd.
- DHFL and Altico default on bond repaymentsThe default by DHFL is towards principal and interest on non-convertible debentures (NCDs) worth Rs 350 crore issued by it.
- JSW Steel signs 5-year steel trade finance deal with Duferco for $700 millionThis arrangement between the two parties makes it the largest trade finance deal to have been arranged in the Indian steel sector.
- Jet Airways raises $150 million syndicate loan from Gulf lendersThis syndicated loan facility will be instrumental in underpinning the airline on its progressive path, Jet Airways chief executive Cramer ...
- Jindal Saw subsidiary raises Rs 775 crore loan"JSME, a subsidiary of Jindal SAW, has closed a club facility of AED 465 million for its long-term and growth capital requirements," the co...
- We are very keen to help whoever get the banking licence: Sonny Singh, FSBUFSBU is eagerly watching the expansion of banking in India and awaiting Reserve Bank of India's announcement on new bank licences.
- Reliance Industries hires 17 banks for $1 bn loanReliance Industries (RIL) hired 17 banks to arrange a $1 billion loan to fund expansion, according to a sale document sent to investors.
- RIL hires 17 banks for $1 bn loanReliance will meet investors in Macau, Taipei, HK, Singapore, Dubai, Abu Dhabi, and Bahrain, to promote the multicurrency loan. Is the stoc...
- Idea facilitates fund transfer from UAEIdea Cellular has announced launched a pilot project to facilitate people in UAE to transfer funds in Kerala in association with a UAE-base...
- Non-discrimination a new vista in Metchem Canada ruling
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