NaBFID has raised Rs 50 billion through the issuance of long-term bonds. The 15-year bonds carry a coupon rate of 7.25 per cent with a face value of Rs 100,000 each. The issue size comprised a base issue of Rs 20 billion and a greenshoe option of Rs 30 billion. The 0.5 million bonds issued were unsecured, non-convertible, taxable and redeemable.
Spectrum for Satcom: Draft telecom bill proposes administrative allocation of airwaves
The new Telecommunications Act proposes the assignment of satellite spectrum through an administrative process. This may resolve a long-standing debate over the mode of spectrum allocation. This move will also allow satellite communication (satcom) service […]
MNRE establishes efficiency standards for solar modules, inverters, and batteries
The Ministry of New and Renewable Energy (MNRE) has issued the Solar Systems, Devices, and Components Goods Order, 2025, setting performance standards for solar modules, inverters and storage batteries. The order aims to improve the […]
