Adani stocks: JP Morgan analyst answers 10 FAQs on Rs 13 lakh crore conglomerateJP Morgan remains positive on Adani Group companies, citing strong fundamentals and low leverage for most entities. The group's significant...
06 Dec, 2024, 03.47 PM IST
REC lends Azure Power Rs 2,400 cr to prepay bondsAzure Power will prepay $310 million of green bonds maturing in December 2024 using a loan from REC. The bonds, issued in 2019, funded rene...
10 Sep, 2024, 07.51 AM IST
Goswami Infra seeks change in debt pact to avert higher interestThe move aims to save high interest outgo on RS 14,300 crore bond due in April 2026, refinance its debt. In mid-2023, Goswami Infratech rai...
14 May, 2024, 05.45 AM IST
Adani Capital raises Rs 300 crore in senior secured bondsOn July 23 last year, Bain Capital, a global private investment firm, entered into a definitive agreement to acquire 90% of Adani Capital a...
16 Mar, 2024, 07.29 AM IST
Shapoorji Pallonji firm faces bond yield spike on asset sale concernsConcerns revolve around the mandatory prepayment clause, including coupon step-ups and utilising proceeds from the monetisation of assets l...
09 Jan, 2024, 06.11 AM IST
Azure Power Global gets 99% approval for bond repurchaseThe company had on November 28 initiated a consent solicitation process to buy back bonds with a total value of $60 million issued by two s...
14 Dec, 2023, 09.37 AM IST
Azure Power Global to buy back some bondsThe company had on November 28 initiated a consent solicitation process to buy back bonds with a total value of $60 million issued by two s...
12 Dec, 2023, 06.19 AM IST
Azure Power India seeks more time to file audited resultsAll the Azure group companies have delayed filing their annual audited results following whistle-blower complaints alleging potential proce...
20 Feb, 2023, 01.31 AM IST
Promoter share pledge: India’s own subprime?While income is real, paper profits are just that – gains only on paper.
22 Feb, 2019, 08.46 AM IST
As REC plans bond tweaks, investors shrugREC plans to ask holders of all of its outstanding dollar bonds for permission to tweak covenants.
12 Feb, 2019, 02.38 PM IST
Rana Kapoor’s holding companies pay ₹700 crore to avoid covenant breachCovenants suggest that the value of Yes Bank shares be at least Rs. 1,890 crores, according to transaction summary provided by Templeton.
29 Nov, 2018, 07.44 AM IST
Fitch places Lodha Developers' ratings on Rating Watch NegativeAccording to the ratings agency, this action was prompted by the company's announcement that it is seeking the consent of the holders of it...
29 Jul, 2017, 12.50 AM IST
- Tata Power weighs Rs 1000 crore bond sale to domestic investors
Tata Power is evaluating a plan to raise as much as Rs 1000 crore through a sale of bonds to domestic investors, a person aware of the deve...
17 Jul, 2012, 04.43 PM IST
- Moody's reviews Tata Power rating for possible downgrade
Moody's said it was reviewing the rating of Tata Power for possible downgrade, primarily due to bank debt related to the company's Mundra u...
21 Jun, 2012, 08.37 PM IST
- Aban Offshore admits it breached loan contracts
Chennai-based Aban Offshore, which along with its Singapore-based subsidiary Aban Singapore has Rs 16,635 crore of debt on its balance shee...
05 Dec, 2009, 12.43 AM IST
- ArcelorMittal to change loan conditions
ArcelorMittal SA, world's largest steel maker, said that it was seeking to change loan conditions with its main bankers for a year to allow...
08 Jul, 2009, 11.10 PM IST
- Suzlon seen in talks to sell Hansen stake
Suzlon, the world's fifth-largest wind turbine maker, is exploring the option of selling a large portion of its stake in Belgian company Ha...
15 Jun, 2009, 03.46 AM IST