E-PaperTata Capital News
Why Big Indian Corporates Are Enhancing Their NBFC Divisions? MINT Explains
On Wednesday Mahindra group acquired 3.35% stake in RBL bank. The Mahindra group's stake buy is a reflection of a larger trend where big Indian corporates are voyaging into the financial lending space through NBFC route. This is because the Indian credit demand is set to grow at a CAGR of 12%. Burgeoning & young middle class presents a unique case. All major corporates want a share of that . Mint explains.
27 Jul 2023Tata Capital Housing launches ₹2,000 crore maiden NCD issue
The debentures are rated AAA/stable by rating agencies Crisil Ltd and IcraThe lead managers to the issue are Edelweiss Financial Services Ltd and A.K. Capital Services Ltd
2 min read6 Jan 2020Tata Capital Fin expects 20% growth despite stress in NBFCs
The company's book size had increased from ₹37,269 crore in the 2017-18 fiscal to ₹45,316 crore in 2018-19Tata Capital Financial was also looking at external commercial borrowing
1 min read13 Aug 2019Tata Capital offers NCDs with annual interest up to 8.85%
The issue, which will give an annual coupon or interest rate of up to 8.85%, will be open from 13-23 AugustThe minimum investment amount is ₹10,000 and additional investment can be made in multiples of ₹1,000, thereafter
3 min read8 Aug 2019No exposure to any CCD group firms: Tata Capital Financial Services
According to TCFS, it had a maximum exposure of ₹165 crore to CCD group in FY2017-18, and that the entire amount had been repaid by March 2019Coffee Day Enterprises Ltd (CDEL) had a total current liability of ₹5,251 crore as on 31 March 2019, up from ₹2,457.3 crore a year back, according to regulatory filings
2 min read4 Aug 2019Tata Capital to redeem ₹500 crore cumulative preference shares
Tata Capital will credit the principal and the accrued dividend up to the redemption date on 9 AugustCRPS is a hybrid instrument, wherein investors get a fixed rate of dividend every year
2 min read10 Jun 2019India Inc.’s bond with debt market weakens in 2018
Proceeds from bond sales declined by 30% in 2018 to $47.2 billion after surging to a record $67.4 billion a year before
1 min read5 Jan 2019Inside N. Chandrasekaran’s plans for Tata Group in 2019
Tata Sons chairman N. Chandrasekaran wants Tata Group companies to focus on providing customers with the best products and services, while managing costs
2 min read28 Dec 2018Shriram Properties files IPO papers to raise ₹250 crore
Starwood Capital, Tata Capital, TPG Asia and Mauritius Investors will collectively offer to sell 42.4 million shares in the Shriram Properties IPO
1 min read25 Dec 2018Tata Power to offer suite of services in rooftop solar drive
Tata Power plans to offer a range of services from advice and financing to installation and maintenance as it strives to increase its share of the market for rooftop solar panels
1 min read11 Sep 2018Popular Topics
Budget
The 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