Tata Power ties up funds for Georgian hydel project
Tata Power today said it has achieved financial closure for the 187 MW Adjaristsqali hydel projects in Georgia by arranging an additional USD 250 million long-term loan, making it the largest hydel project in the East European nation.
Mar 24, 2015, 17:52 PM IST
EU offers Greece funds but expects reforms
The European Union offered Greece funds Friday to deal with what it called a humanitarian crisis after the new prime minister Alexis Tsipras vowed to clarify bailout reform pledges demanded by creditors.
Mar 20, 2015, 23:13 PM IST
Xpress Money launches new sevice to remit funds
Money transfer operator Xpress Money Thursday launched a new service to help consumers send money directly to any bank account in the country.
Mar 19, 2015, 19:43 PM IST
SEBI bars 8 firms from raising public funds
Clamping down on illegal money pooling activities, capital markets regulator SEBI Thursday barred eight companies including URO Group firms from raising funds from the public with immediate effect.
Mar 19, 2015, 19:35 PM IST
Allocated Rs 3,300 cr to MSME sector, highest in 3 yrs: Govt
Government has earmaked over Rs 3,300 crore this fiscal, the highest allocation in the last three financial years, to develop the MSME sector and is implementing a special programme to develop its infrastructure, Lok Sabha was informed today.
Mar 09, 2015, 14:34 PM IST
Funds mop-up via debt placement doubles to Rs 42,000 cr in Feb
Fund raising by Indian companies through private placement of corporate debt securities or bonds has doubled to nearly Rs 42,000 crore in February from the year-ago level.
Mar 05, 2015, 13:04 PM IST
States should use additional funds for infrastructure: PM Modi
Prime Minister Narendra Modi on Wednesday suggested that additional funds and resources at the disposal of states should be directed primarily towards nation building, an official release here said.
Mar 04, 2015, 20:32 PM IST
Govt to raise funds via infra bonds for railways, roads
The government has proposed to raise funds for railways, roads and irrigation sectors by issuing tax-free infrastructure bonds.
Feb 28, 2015, 22:41 PM IST
IPOs of Shree Pushkar Chemicals, ACB (India) get Sebi's nod
ACB (India) Ltd and Shree Pushkar Chemicals & Fertilizers Ltd - have received market regulator Sebi's approval to raise funds through initial public offers (IPOs).
Feb 10, 2015, 13:35 PM IST
'Top Indian companies need Rs 1.7 lakh crore over next 3 years for growth'
To achieve moderate growth in the next three years, top Indian companies will require funds worth Rs 1.7 lakh crore towards working capital and capital expenditure, says a report.
Feb 08, 2015, 13:35 PM IST
Birla Sun Life AMC garners Rs 781 cr via manufacturing scheme
Birla Sun Life Mutual Fund, a part of Aditya Birla Financial Services Group, on Friday said it has garnered Rs 781 crore through its manufacturing sector scheme.
Feb 06, 2015, 18:19 PM IST
Funds via QIP route surge to Rs 24,452 cr in 9 months from April
Firms had mopped up Rs 5,483 crore through Qualified Institutional Placement (QIP) route, during April-December period of previous fiscal, 2013-14.
Jan 28, 2015, 15:07 PM IST
Smart cities progress to hinge on power, infra and others
A successful development of proposed smart cities across the country will depend on five critical elements such as power, infrastructure, funds, technology and social capital, property consultant Cushman & Wakefield said Thursday.
Jan 22, 2015, 17:09 PM IST
RBI sets up fund to educate bank depositors
RBI has put in place a new mechanism for grant of financial assistance to the NGOs and other entities seeking to take up activities related to education and awareness of bank depositors.
Jan 11, 2015, 16:31 PM IST
Insurance Ordinance to help firms raise funds: Fin Min
The Finance Ministry on Saturday said the Ordinance for insurance sector reform will help companies raise capital through new and innovative instruments, besides promoting economic growth and job creation.
Dec 27, 2014, 21:19 PM IST
128 'vanishing companies' traced; under govt's 'watch list'
With this, a total of 78 firms are currently placed under the category of 'vanishing'. These firms collectively raised more than Rs 310 crore from investors.
Dec 14, 2014, 10:58 AM IST
Govt approves Credit Guarantee Funds for Factoring for MSME
The Cabinet Wednesday cleared a proposal for setting up of a Rs 500-crore Credit Guarantee Fund for Factoring for MSME units.
Dec 10, 2014, 23:21 PM IST
Firms raise Rs 5,000 crore via rights issue
According to latest update available with the market regulator Sebi, companies have mopped up Rs 5,205 crore through 16 rights issue from January to October.
Nov 30, 2014, 10:49 AM IST
Fund raising via QIP surges to Rs 30,000 cr so far in 2014
According to latest update available with the market regulator Sebi, companies have mopped up Rs 29,582 crore through 33 QIP issues during January-October period of 2014.
Nov 27, 2014, 15:14 PM IST
RBI tightens screws on foreign fund raising
Tightening screws on foreign fund raising, the Reserve Bank Tuesday banned domestic firms from raising such funds above the permitted levels and from extending guarantees for them to meet domestic funding needs.
Nov 25, 2014, 22:52 PM IST
