Forex reserves on BoP basis jump by $11.4 billion in Q1
On nominal terms, the foreign exchange reserves increased by USD 16.6 billion during the first quarter against increase of USD 3.3 billion during the same period last year.
Sep 15, 2017, 20:42 PM IST
Supertech to invest Rs 4,000 crore to build affordable homes
Realty firm Supertech plans to invest about Rs 4,000 crore to develop low-cost homes as it expects demand for affordable housing to rise after getting infrastructure status in the budget.
Mar 19, 2017, 12:41 PM IST
Draft bankruptcy law likely within 10 days: Official
The bankruptcy law, a legislation for improving ease of doing business in the country, is one of the major focus areas of the government and its draft was likely to be ready in the next 10 days, Economic Affairs Secretary Shaktikanta Das said on Thursday.
Oct 30, 2015, 03:26 AM IST
HPCL plans to raise $250 mn in forex debt soon
After raising USD 300 million recently, Hindustan Petroleum Corporation (HPCL) is set to raise USD 250 million (about Rs 1,663 crores) through external commercial borrowing (ECB) to fuel its capex plan, a senior company official has said.
Sep 11, 2015, 18:59 PM IST
Air India to raise foreign loan worth $300 mn through ECB
Air India will raise USD 300 million (about Rs 1,900 crore) by way of ECB and the government will provide guarantee for the loan, a senior Civil Aviation Ministry official said Wednesday.
Jul 22, 2015, 21:51 PM IST
Air India may soon get $300 million loan through ECB
This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor.
Jul 22, 2015, 14:40 PM IST
RBI relaxes norms for raising ECB in rupee
The Reserve Bank Thursday relaxed norms to help Indian corporates to raise funds in rupees from overseas lenders.
May 21, 2015, 21:19 PM IST
Air India may tie up with SBI, Citibank to raise funds through ECB
National carrier Air India is likely to tie up with Citibank and public sector lender State Bank of India to raise USD 300 million from overseas market via External Commercial Borrowing (ECB) route, sources said.
May 10, 2015, 19:37 PM IST
Gujarat Pipavav to fund expansion via internal accruals
The company had accordingly informed IFC and has now received its confirmation for cancellation of loan.
May 08, 2015, 17:24 PM IST
Cos likely to raise $6 billion through 'Masala' bonds in FY16
Leading corporate houses are likely to issue rupee-denominated offshore bonds aka 'Masala Bonds' worth USD 6 billion this year and double it to USD 12 billion next fiscal, says a report.
May 03, 2015, 12:01 PM IST
Air India extends date to accept the bid through ECB till May 7
Air India has extended by one week the date to accept the bid by foreign banks and financial institutions offering loan to the national carrier which aims to raise USD 300 million through external commercial borrowing (overseas loans) to meet its working capital requirements.
Apr 29, 2015, 23:02 PM IST
HDFC to raise up to $500 million from ECB
Housing Finance company HDFC Ltd Friday said it has got RBI clearance to raise up to USD 500 million (about Rs 3,100 crore) as External Commercial Borrowing (ECB) to fund its business growth.
Apr 10, 2015, 22:36 PM IST
