New Delhi
Housing finance firm DHFL on Thursday said it plans to raise Rs 2,000 crore through non-convertible debentures (NCDs) to fund business growth.
The company proposes to issue secured redeemable NCDs amounting to Rs 1,500 crore plus a Greenshoe option of up to Rs 500 crore on private placement basis, DHFL said in a regulatory filing to stock exchanges.
It will carry a coupon rate of 9.27 per cent per annum, it said.
The rating agency Icra has upgraded its rating on the long-term debt instruments of Aditya Birla Finance (ABFL) and & Aditya Birla Housing Finance (ABHFL), the lending businesses under Aditya B
Telecom tribunal TDSAT on Thursday asked the department of telecommunications (DoT) to approve the Airtel-Tikona merger on the basis of an undertaking instead of insisting on payment of dues prior
The political dogfight over the controversial Rafale fighter jet contract intensified on Thursday with Rahul Gandhi asking what is the “deal” between Prime Minister Narendra Modi and industrialist
Any cap on solar power tariffs in future auctions could dampen free market sentiment and prove to be an Achilles heel for the plans of the ministry of new and renewable energy (MNRE) to achieve the