E-PaperFccb News
Bharti Airtel gets shareholders' nod to raise up to $3 bn
The proposal for issuance of securities for amount up to $2 bn received 99.99% votes in favour of the special resolution at the company's EGM held on 3 JanAn additional up to $1 bn was sought to be raised through foreign currency convertible bonds or debentures
1 min read4 Jan 2020Cadila board approves raising up to Rs18,500 crore
Cadila is set to raise upto Rs18,500 crore via various financial tools, including issue of securities in domestic as well as international markets
1 min read26 Jun 2017Bajaj Corp plans to raise Rs1,000 crore
FMCG firm Bajaj Corp has plans to raise ₹1,000 crore from market by issuing equity shares and securities
1 min read20 Jun 2017The demise of overseas equity offerings by Indian companies
Development of the domestic QIP market and the movement in the rupee are a slew of factors which contributed to the change in the scenario for fundraising, say market analysts
3 min read5 Apr 2017Jain Irrigation Systems to raise $75 million via FCCBs
Jain Irrigation Systems will seek the shareholders approval at an EGM on 24 March for issue of FCCBs up to $75 million to non-promoter entities
1 min read25 Feb 2017Pincon Spirits to raise up to $30 million via FCCBs
Liquor firm Pincon Spirits says its board has approved raising of up to $30 million (approx Rs200 crore) through issue of foreign currency convertible bonds
1 min read7 Jan 2017Supreme Court dismisses Rs4,800 crore tax liability on R-Com
SC rejects the SLP filed by the Income Tax department against R-Com treating the proceeds from foreign currency convertible bonds as 'unexplained cash credits'
1 min read22 Nov 2016Glenmark to raise up to $200 million via FCCB issue
The regulatory floor price for conversion of the FCCBs shall be ` 861.84, Glenmark says
1 min read31 May 2016Suzlon Q4 loss narrows to Rs270.55 crore on lower expenses
Suzlon's full-year order book stood at 1,243 MW and is valued at `7,989 crore, with consolidated net debt, excluding FCCB, coming down to `8,452 crore
1 min read30 May 2016Suzlon Energy redeems FCCBs worth $28.8 million
Suzlon repays, in cash, foreign currency convertible bonds in principal amount, along with the applicable 8.7% redemption premium
1 min read14 Apr 2016Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared