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FCCB FUNDRAISING
Zee Entertainment gets govt nod for Rs 418-cr investment from Invesco fundZee Entertainment has secured a significant Rs 418 crore foreign investment from OFI Global China Fund LLC, marking the fund's return after...- Zee says $239 mn fundraise will fortify growth plansZee Entertainment Enterprises raised $239 million via foreign currency convertible bonds to bolster its financial position and drive growth...
- Zee board okays Rs 1,997 cr raise via convertible debtOn conversion of FCCBs to equity, Zee will issue 1,240 million fully diluted equity shares of ₹1 each to the FCCB holders at the conversion...
- Bharti Airtel to allot 38.6 lakh equity shares to certain FCCB holdersBharti Airtel on Friday said it will allot 38.6 lakh equity shares to certain FCCB holders at a conversion price of Rs 518 per equity share...
- Jo Johnson, brother of UK ex-PM, resigns as director of Adani linked firmAccording to the newspaper, it is Elara's asset management business that is under the spotlight after US short seller Hindenburg Research l...
- Salasar Techno Engineering plans to raise Rs 200 crore through various modes"The board...has approved raising of funds by issuance and allotment of equity shares for up to an aggregate amount of Rs 200 crore by way ...
- Up nearly 90% in one year, this stock is ringing in good fortunesIt has logged 85.47 per cent gain over last five years even as Sensex rose 156 per cent.
- Airtel raises Rs 21,240 crore via QIP and FCCBAirtel, Vodafone Idea and other telcos owe the government nearly Rs 1.47 lakh crore in past statutory dues.
- Airtel special committee clears issue price, other modalities of $3 billion fund raisingThe issue price was at a discount of 1.57 per cent to the stated floor price of Rs 452.09 per equity share.
- YES Bank board approves Rs 10,000 crore fundraising, decides not to proceed with Erwin Braich’s offerThe lender approved fundraising in one or more tranches through QIP, FCCB or GDR.
- Bharti Airtel gains on robust response to QIP, FCCBAirtel is looking to raise the money through a private placement of equity shares.
- Glenmark plans to raise up to $200 million via FCCBsInternational Finance Corp, a member of the World Bank group, has come in as anchor investor, said a person close to the matter.
- Suzlon is aggressively investing in infra; 40% growth likely in 2016: Tulsi Tanti, MD"Our liquidity comforts are also very good. Banks recently gave us $350 million as working capital. That is going to be a very good support...
- Crisis Call: Amtek auto admits ‘temporary cash flow mismatch’The group companies have lost nearly one-third of their market capitalisation (about Rs 4,300 crore) since the start of August.
- Expect an uptick in IPO market in H2: Dr S Subramanian, Axis CapitalIn an interview with ET Now Dr S Subramanian, MD-Investment Banking, Axis Capital, talks about the IPO market and corporate fundraising. Ex...
- Debt will be close to Rs 1400 cr after redemption of FCCBs: TS Rangan, Strides ArcolabIn the last 6 months, including this FCCB, Strides Arcolab has reduced close to about Rs 1000 crore of debt. Now the debt may be close at a...
- Won't need capital for 5 years if FCCB is approved: HD Khunteta, RECIn a chat with ET Now, HD Khunteta, Director Finance, REC, talks about REC's fund-raising plans and expectatrions from the forthcoming Unio...
- Sujana plans 400% growth for investment in fixed assets: MDIn a chat with ET Now, Y Kamesh, MD, Sujana Towers, shares his views on company's performance.
- Looking to raise $ 30 million through the FCCBs: Shailendra YerrapragadaShailendra Yerrapragada, CEO, LGS Global Ltd. in an interview with ET Now talks about the company's recently acquired client Boomer Medica ...
- Registered a 30% increase in turnover: Kamesh Yalamarty, MD, Sujana TowersWe are also planning to increase our capacities and the term loan component or the fixed asset investment would be over Rs 150 crore in the...
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