Discoms pay off Rs 10,000-crore dues bringing down total outstanding amount by 45%Analysts said distribution companies’ liquidity increased after about Rs 1 lakh crore of bonds were issued under the UDAY, which enabled so...
04 Jul, 2016, 06.06 AM IST
Attractive Uday bonds a good place to park fundsThe Uday bonds have an implicit guarantee from the issuing state and the interest and principal are part of the state government’s budget.
04 Jul, 2016, 05.47 AM IST
UDAY bonds receive a warm response from banks and mutual funds like Axis Bank, UTI Mutual and othersUttar Pradesh was the first state to sell around Rs 15,800 crore worth of UDAY bonds this fiscal year at an average yield of 8.32 per cent.
14 Jun, 2016, 04.17 AM IST
Demand may taper off for second wave of discom bondsThe benchmark 10 year govt bond yield inched up to 7.47% following the April inflation numbers, resulting in a slight tightening in corpora...
23 May, 2016, 04.08 PM IST
Bonds worth Rs 1.5-1.75 lk crore to be issued under Uday in FY'17Power Minister Piyush Goyal today said bonds worth Rs 1.5-1.75 lakh crore are expected to be issued in the ongoing fiscal.
20 May, 2016, 05.26 PM IST
Rs 1 lakh crore UDDAY bond issued by discomsDiscoms of eight states have issued UDAY bonds of about Rs 1 lakh crore, more than 75% of which has been subscribed by banks.
28 Apr, 2016, 07.50 PM IST
Credit policy good for debt and equity markets: Nilesh Shah, Kotak AMCState development loans and UDAY bonds provide an attractive opportunity to invest
05 Apr, 2016, 04.26 PM IST
States issue bonds worth Rs 1 lakh crore to tackle discom debtEight states, including Rajasthan, Uttar Pradesh and Bihar, issued bonds worth almost Rs 1 lakh crore in 2015-16 under the UDAY scheme.
01 Apr, 2016, 06.00 PM IST
Fund raising may be lower as discoms will pump money raised via Uday bonds: Rajeev Sharma, RECSharma said the company is in the process of setting targets for 2016-17 but expects the disbursal target to be higher the current fiscal.
31 Mar, 2016, 04.06 PM IST
High-yield UDAY bonds find many takers in cash-rich institutions like Kotak MF, LIC and othersMany mutual funds and the EPFO which are flush with funds and are looking at long-term investment opportunities gobbled up these bonds.
31 Mar, 2016, 03.36 AM IST
It is strange to see Indian bond market reacting more to Fed's action than RBI's: Mythili BhusnurmathWe are really living in a world when everything seems to be going topsy-turvy, says Consulting Editor, ET NOW.
18 Mar, 2016, 04.58 PM IST
Rajasthan issues Rs 28,400 crore bonds to 26 banks under UDAY schemeCentre had launched UDAY scheme in November for revival of power distribution companies across the country, which have cumulative debt of o...
16 Mar, 2016, 03.42 PM IST
UP's UDAY bonds sale hangs in balance with bankers unlikely to take exposure to unknown securityThe state government, led by chief minister Akhilesh Yadav, has called for bids from investment bankers on March 10.
07 Mar, 2016, 04.00 AM IST
UDAY bonds not to come up for routine auction or sale processUDAY bonds, a bailout scheme for defaulting state power distribution companies run by state governments, will not come up for routine aucti...
25 Feb, 2016, 10.22 PM IST
Investors gain as yields on state government bonds near 9%Some investors are set to earn higher interest income as state governments are offering attractive prices to sell bonds.
24 Feb, 2016, 02.41 AM IST
Here's how investors can earn from state bondsIn a falling interest rate regime, some investors including retirement funds and insurers are set to earn higher interest income as state g...
23 Feb, 2016, 07.59 PM IST
How UDAY bonds may prove to be a bonanza for retirement and insurance fundsMarkets could see Rs 70,000 cr to Rs 1 lakh cr worth of bonds coming out of the power sector by March, power minister Piyush Goyal told ET ...
24 Dec, 2015, 07.51 PM IST