Govt may not sharply hike FY26 capex outlay to keep fiscal deficit in checkGiven the limited space for further compression in revenue expenditure, the government would refrain from sharply raising its FY26 capex ou...
26 Nov, 2024, 05.30 AM IST
Sebi asks companies for accurate details on end use of IPO fundsCurrently, if most IPO proceeds are to be used for capital expenditure, then the lock-in for the promoters' shares is 36 months. But if the...
14 Feb, 2024, 08.34 AM IST
GMR arm raises Rs 2,475 crore to refinance debtGMR will use ₹1,520 crore proceeds from the bonds to repay term loans, ₹227 crore for repayment of subordinated debt, ₹300 crore to repay s...
23 Nov, 2023, 12.00 AM IST
Bondholders of Vedanta parent seek higher rates for rolloversFresh borrowing coupons by Vedanta have become the benchmark as they are offering close to 17-18%, higher than the 14% for rollovers.
26 Oct, 2023, 06.00 AM IST
Vedanta mandates Barclays to raise Rs 1,500 crore loanThe loan has a tenor of 15 months and all in cost of 11.5% IRR split into a running coupon of 10.5% per annum payable monthly and a 0.5% up...
14 Apr, 2023, 07.43 AM IST
NTPC Green Energy to raise up to Rs 9,000 crore term loanThe bid document showed that NGEL intends to raise fresh debt and repay outstanding liability of Rs 8,200 crore towards NTPC by March 31, 2...
21 Feb, 2023, 12.37 PM IST
Jubilant Pharma arm to raise USD 400 million loan from Standard Chartered Bank to repay debtWhile the term loan and bonds aggregate to USD 350 million, about Rs 2,787 crore, the company is raising another tranche of USD 50 million ...
13 Jul, 2022, 10.38 PM IST
Vodafone Idea appoints SBI cap to negotiate loan recast of up to ₹23,000 crVodafone Idea and its lenders are looking to recast outstanding loans under the Reserve Bank of India's June 2019 restructuring framework. ...
16 Feb, 2022, 09.04 AM IST
Vodafone Idea ‘repays’ significant chunk of Rs 4,300 crore loansThe repayments will help the telecom market leader reduce its net finance costs and free up capital.
16 Jul, 2019, 10.18 AM IST
India's banking credit growth remains sluggishThe year on year growth momentum slowed in agri, retail & services sector. Retail loans saw a slowdown to 12.9% year on year versus 13.5% i...
01 Mar, 2017, 07.49 PM IST
Vedanta Resources net debt up 15%; inter-company loan at $1.8 billionBattling slump in commodity prices, Vedanta Resources reported a 15 per cent rise in its net debt at $8.6 billion on a sequential basis in ...
29 Jan, 2016, 06.01 PM IST
OVL to raise Rs 5,190 crore loans to meet CapexOVL, which had an capex of Rs 10,891.41 crore in 2012-13, saw planned expenditure jump to Rs 36,117.46 crore last fiscal as it made the Moz...
14 May, 2014, 04.11 AM IST
Telecom Secretary seeks speedy clearance of sops for tower companiesThe telecom secretary has urged DEA to hasten clearances for accelerated depreciation benefits and also pave the way for concessional loans...
06 May, 2014, 03.10 AM IST
Telecom department seeks speedy sops for tower firmsFarooqui has also urged DEA to examine whether tower companies can take the overseas borrowings route to meet working capital needs and rep...
05 May, 2014, 07.37 PM IST
Reliance Communications in talks with domestic lenders to raise 6,500 croreRCOM, the third-largest mobile operator by customer base, is in talks with domestic lenders to raise 6,500 crore, which it will have to rep...
25 Jan, 2013, 07.13 AM IST
- MTNL plans 1145 crores capex this fiscal: MD
Kuldeep Singh, CMD, MTNL, in an interview with ET Now talks about MTNL, BSNL merger and the financial health of the company. Excerpts:
19 May, 2011, 04.44 PM IST
- Prabhudas Lilladher retains ‘buy’ Bharati Shipyard
Prabhudas Lilladher has retained a ‘buy’ rating on Bharati Shipyard after the company’s wholly-owned subsidiaries lent Rs 2-2.5 billion to ...
13 Dec, 2008, 12.43 AM IST