RBI has reviewed the directions on commercial papers (CPs) and non-convertible debentures (NCDs) for initial maturity up to one year. A master direction has been issued accordingly. It will come into effect on April 1, 2024.
1 min read4 Jan 2024Highest gains in first quarter of any fiscal year; insurer sells shares in at least 87 leading Indian companies
3 min read28 Jul 2023PFC plans to utilize at least 75% of the net proceeds for onward lending, financing,refinancing existing debt, and debt servicing, while up to 25% will be allocated for general corporate purposes
1 min read12 Jul 2023Kotak Strategic Situations India Fund II and Kotak Private Credit Fund invested ₹582 crore and ₹150 crore, respectively in RattanIndia Power
1 min read23 Jun 2023HDFC Ltd Bonds: According to HDFC in a regulatory filing, the issue's objective is to increase the Corporation's long-term resources.
1 min read15 May 2023About 49 people, several of them retirees who have transacted with Muthoot for a decade, have come forward so far, some of them approaching local police
3 min read11 May 2023TPDDL will also receive a $2 million grant from ADB to partially finance the purchase and integration of a pilot Battery Energy Storage System (BESS).
1 min read10 Apr 2023If you have built a startup and looking for funding but don't know where to go. This video will solve your problem as it discusses the 2 important modes of funding that is ‘Equity’ and ‘Grants’. Both of these are discussed in detail and the major differences between them are highlighted.
24 Dec 2022The company's board is meeting on December 17 to consider and approve the NCDs, according to a regulatory filing
1 min read13 Dec 2021Vodafone Idea may initially raise hybrid debt via convertible bondsThe bonds will earn the potential Vodafone Idea investors a fixed interest income every year
2 min read8 Sep 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared