Fccb

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Fccb - Total results - 11
Suzlon Energy defaults on $172 mn bond payment, company in talks with global private equity funds to sell stake
Business

Suzlon Energy defaults on $172 mn bond payment, company in talks with global private equity funds to sell stake

Suzlon's creditors, led by the country's biggest lenders State Bank of India, are studying a one-time settlement plan offered by the company, said sources

Yes Bank gets shareholders' nod to raise Rs 6,700 cr; approves re-appointment of Rana Kapoor as MD & CEO
Business

Yes Bank gets shareholders' nod to raise Rs 6,700 cr; approves re-appointment of Rana Kapoor as MD & CEO

Yes Bank on Tuesday got shareholders' nod for raising $1 billion (about Rs 6,700 crore) from various instruments, including Qualified Institutional Placements (QIPs)

Amtek Auto, group stocks on crash mode as investors run riot on lingering woes
Business

Amtek Auto, group stocks on crash mode as investors run riot on lingering woes

Including today's low, Amtek Auto stock has crashed 74 percent in two sessions and 91 percent in the month so far

Essar Shipping to convert Rs 800 cr of debt into dollar loans
Business

Essar Shipping to convert Rs 800 cr of debt into dollar loans

Essar Shipping has said that it is planning to convert around Rs 800 crore of total Rs 5,500 crore debt into dollar loans to bring down the interest burden.

Suzlon faces default: Will lenders consider debt recast?
Investing

Suzlon faces default: Will lenders consider debt recast?

The company, which has not registered a profit for the last three years, has about $220 million worth of bonds that are maturing today.

JP Associates plunges 9% on persisting debt concerns
Investing

JP Associates plunges 9% on persisting debt concerns

Shares of Jaiprakash Associates fell more than 9 percent on Wednesday, with traders citing rising concerns about net debt levels, a day after the cement maker raised $150 million in foreign currency convertible bonds (FCCB).

Strides surges as co fully redeems FCCBs
Investing

Strides surges as co fully redeems FCCBs

There are no outstanding foreign currency convertible bonds, post this redemption. The company utilized its cash balance to fund the redemption

Fund raising: Why Subex is thinking beyond its means
Investing

Fund raising: Why Subex is thinking beyond its means

Given the company's balance sheet it would take a brave lender to bail out the company by extending an unsecured loan.

Warning: Currency turmoil could cost India Inc Rs 33,000 crore
Business

Warning: Currency turmoil could cost India Inc Rs 33,000 crore

There are 28 companies with FCCBs totalling Rs 24,500 crore that will mature in the next financial year. Among them, 25 will most likely face redemption.

FCCB sword over Cranes Software, faces liquidation
Business

FCCB sword over Cranes Software, faces liquidation

The winding-up notice pertains to a 42-million FCCB issue from Cranes Software in 2006 where Barclays Bank has a substantial exposure. The company defaulted on its redemption in March this year.<br /><br /> <br /><br />