Now a bailout fund to help companies redeem FCCBs
Fp Staff • 13 years agoThe 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.
Zenith's FCCB default: Is it a case of can't pay or won't pay?
Bose • 13 years agoZenith Info seems to have cash on its balance-sheet, but it has still defaulted on its FCCBs. What gives?