IEX board approves Rs 980 million share buyback
The board of the Indian Energy Exchange has approved a proposal to buy back equity shares of up to Rs 980 million at a price not exceeding Rs 200 per share through the open market […]
The board of the Indian Energy Exchange has approved a proposal to buy back equity shares of up to Rs 980 million at a price not exceeding Rs 200 per share through the open market […]
Kotak Alternate Assets, administered by Kotak Investment Advisors Limited, has launched the Kotak Data Centre Fund, which will focus on the data-backed digital economy, enterprise cloud, 5G and Internet of Things (IoT). The alternatives branch […]
The Inox GFL Group has raised around Rs 15 billion across its entities. This funding has been used to pare down debt substantially across its operating companies and consequently the interest outgo will reduce substantially. […]
Adani Enterprises Limited is planning a follow-on public offering to finance the group’s expansion in green and digital businesses. It may raise around Rs 200 billion for the same. The fundraising aims to mobilise funds […]
Edelweiss Real Assets Managers Limited, part of Edelweiss Alternatives, has announced the successful closure of the AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust (InvIT). The AnZen Trust is a diversified […]
India’s first surety bond insurance product is expected to be launched. The surety bond insurance will help enhance the sector’s liquidity by freeing up contractors’ working capital from bank guarantees. It is estimated that banks […]
GMR Hyderabad International Airport Limited (GHIAL) plans to raise Rs 12.5 billion through NCDs to be used for prepaying the dollar bonds maturing in April 2024 or February 2026. As of September 30, 2022, GHIAL […]
Bharti Telecom plans to raise $553.1 million through bonds maturing in two and three years. The telecom operator, which owns a stake in Bharti Airtel, will pay an annual coupon of 8.6 per cent on […]
Adani Green Energy Limited (AGEL), through its subsidiary Adani Solar Energy AP Six Private Limited, has raised a Japanese yen denominated facility to refinance its debt. The facility will amortise a project loan facility of […]
AgenceFrancaise de Developpement has approved funds worth Rs 4.12 billion in the form of a loan for the pan-city 24X7 water supply project in Chandigarh. In addition to this, the European Union is giving a […]
Larsen & Toubro Limited (L&T) has successfully closed a three-year $107 million sustainability-linked loan from the Sumitomo Mitsui Banking Corporation (SMBC). SMBC was appointed as the sustainability coordinator and lender. The facility incorporates interest rate […]
Reliance Communications has received a letter from Axis Trustee Services for invocation and sale of 100 per cent equity shares of Globalcom IDC Limited (GIDC), for non-repayment of debt. GIDC is a step-down wholly owned […]
The SBI has signed a Rs 12.4 billion loan agreement with German development bank KfW for funding solar projects. The long-term loan, under the Indo-German solar partnership, will facilitate new and upcoming capacities in the […]
AGEL through its subsidiary, Adani Solar Energy AP Six, has raised approximately $200 million to refinance the existing debt. The funds would be utilised to refinance the 350 MW solar project in Andhra Pradesh. The […]
Airtel Africa and the International Finance Corporation (IFC) have signed a new $194 million loan facility. IFC will provide six of Airtel Africa’s subsidiaries with local currency loans of around $194 million. The new financing […]
The Ministry of Road Transport and Highways has approved funds for three road projects in Chhattisgarh and Uttar Pradesh. These include the Kondagaon-NarayanpurKutul two laning road project (NH-130D) for which funds worth Rs 3,224 million […]
The Odisha government has sanctioned funds to the tune of Rs 1.5 billion for the Khurda Road-Bolangir new line project. The project involves the construction of a 289 km long broad gauge railway line from […]
Global tech firm awarded leading ranking by Avtar and Seramount in corporate India’s most comprehensive gender analytics exercise AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has been named as one […]
Asian Development Bank (ADB) and IIFL Home Finance Limited (IIFL HFL), India’s fastest growing digital first home finance company, organised ‘Kutumb’ event in Delhi discussing scope around green affordable housing in India. They launched ‘Kutumb’ […]
GMR Airports Limited (GAL), the airport business holding entity and a subsidiary of GMR Airports Infrastructure Limited and National Investment and Infrastructure Fund (NIIF) announce a financial partnership for NIIF to invest in the equity […]
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