ENGW Vs AUSW | One-off Test Jul 18, 2019
AUSW 23/2 (10.0)
Latest News on Fccbs
Showing of 0 - 10 from 14 results
Fccbs - Total results - 14
Jan 22, 2019
Sun Pharma shares pledged to raise fund for Suraksha; realty firm uses same method thrice in past two years for moneyShanghvi Finance, which is a major shareholder in Sun Pharma, pledged a portion of its stake in India’s largest drugmaker to facilitate Suraksha Realty for raising Rs 100 crore through commercial paper.
Sep 04, 2012
Tulip locked in lower circuit after FCCB defaultTulip Telecom hit the lower circuit for the second consecutive day after the company defaulted on zero coupon FCCBs due on 26 August and sought an extension of deadline to 10 September.
Jul 09, 2012
Zenith Info's crisis deepens as revaluation reveals true pictureZenith Infotech seems to be in a tight spot as its foreign currency convertible bonds default case has taken a new turn after Ernst & Young revalues cloud computing business for Rs 152 cr against Rs 598 earlier.
Jul 06, 2012
India firms raised $3.37 bn from overseas markets in May
Man Industries and Surana Power raised $55 million each for redemption of FCCBs and import of capital goods.
Jul 05, 2012
RBI to continue buyback of foreign convertible bondsThe buyback scheme would lapse after 31 March, the RBI said.
Jul 04, 2012
Educomp denies cutting staff; shares upEducomp solutions, a listed education company, is on a massive restructuring spree as it has dismissed five percent, or 750 employees.
Jun 29, 2012
Now a bailout fund to help companies redeem FCCBsThe government and the Reserve Bank of India are in discussions to create a fund to help redeem FCCBs. The RBI expects $4-5 billion FCCBs to come up for redemption this year.
Jun 29, 2012
JSW Steel pays Rs 2,200 cr for FCCB redemptionSteel major JSW paid Rs 2,200 crore for redemption of foreign currency convertible bonds (FCCB) issued in 2007, with this the company said that it has fully discharged its obligation to Citibank London.
Jun 22, 2012
Will China help Indian cos overcome FCCB woes?Loans from Chinese banks could become an attractive funding source for some FCCB issuers.
Mar 12, 2012
12 firms to default in 2012. Are FCCBs losing their charm?Calendar year 2012 seems to be the year of reckoning for foreign currency convertible bonds (FCCBs) as almost $ 7 billion worth of bonds are set to mature this year.