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HYDERABAD MUNICIPAL BOND
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 26%On Thursday evening, US President Trump said he would “hit Iran hard tonight”. Then, as the world waited with bated breath, came the announ...
These large- and mid-cap stocks may give more than 25% return in 1 year, according to analystsFor the last few earnings seasons, the message has been: “Show me growth, I have the money.” Stocks with better-than-expected earnings saw ...
AMC seeks to go first with Rs 1,000-cr bond issueAn AMC plans to be the first mover with a ₹1,000 crore bond issue, seeking to leverage strong liquidity conditions and early investor inter...
BRS ''extorted crores via phone tapping'', claims Telangana CM Revanth ReddyTelangana Chief Minister A Revanth Reddy accused the previous BRS government of blackmailing businessmen and extorting vast sums through ph...
Govt may raise interest subvention cap beyond Rs 26 crore to promote issuance of municipal bondsThe government is considering increasing interest subvention beyond the current Rs 26 crore per urban local body to boost municipal bond is...
Six civic bodies likely to debut on Bond Street by next monthNashik, Visakhapatnam, Kanpur, Surat, Varanasi, and Prayagraj are likely to issue municipal bonds by July with a fundraise of Rs 100-300 cr...
Megha Engineering electoral bond purchases close to bagging contracts for major projectsHyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has emerged as the second-biggest buyer of electoral bonds worth Rs 966 cro...
Uttar Pradesh’s temple towns bonding with modern finance to rebuild creaking infraMunicipal corporations of these UP towns are likely to raise as much as ₹1,000 crore between them in the next few months, taking advantage ...
Ghaziabad becomes tenth city in India to raise municipal bonds: SecretaryMishra also said that this demonstrates the confidence of the market in Municipal Bond segment and is a resounding validation of good gover...
US treasury department to handhold six cities on municipal bondsThe US treasury department would sign memorandums of understanding with six cities with high credit ratings and have done the necessary gro...
GHMC to raise Rs 2,500 crore via rupee term loanSBI Capital Markets (SBICAP) has been appointed as the arranger to raise the funds.
Bhopal Municipal Corp lists its bonds on NSEIndore Municipal Corporation first listed its bonds in July on the exchange.
Andhra’s bonds for Amaravati oversubscribed by 1.5 timesthe CRDA has decided to retain the additional subscription of Rs 700 crore by exercising the green-shoe option
Hyderabad raise Rs 195 crore via Muni bonds for the second timeThe plan is part of a larger GHMC programme that proposes to provide skyways, conflict free corridors and improve travel time within cities...
How Indore has set the tone for municipal bondsIndore muni bonds have been oversubscribed 1.26 times, extending the total bid value to Rs 215 crore.
Smart Cities Mission is still very much a work in progress post three years of its launchBetween January 2016- 2018, the govt selected 99 cities through a competitive process and ranked them. ET takes a look at numbers ahead of ...
Hyderabad raises Rs 200 crore to aid smart city projectThis is the second such bond sale in recent months after the Pune local body in June last year.
Hyderabad civic body to raise money through bonds: MinisterThe housing and urban affairs minister said many more cities had plans to raise money through this route.
Andhra Pradesh government to issue municipal bonds to raise fund for new capitalThe new capital will be developed in the first phase between Vijayawada and Guntur cities, though the exact location is yet to be specified.
- Municipalities may foray into local debt mkt
Municipalities may soon foray into the local debt market to raise money, with ratings agencies such as Fitch and Crisil of the view that so...