Nov 21, 2013 at 21:52 | Source: CNBC-TV18
Alongside conciliation talks, investors are also gearing up to wage a long legal battle. The Investors Forum has filed a suit in the Bombay HC, in addition to the already pending suit, seeking to restrain FTIL from using the sale proceeds from the SMX sale to retire debt.
Nov 19, 2013 at 09:55 | Source: Moneycontrol.com
FTIL says it will primarily utilise the amount towards repayment of outstanding debt towards external commercial borrowings (ECB) and foreign currency loan (FCL) to banks.
Oct 23, 2013 at 15:43 | Source: CNBC-TV18
Firstsource Solutions has an obligation to repay USD 44.5 million of debt every year, which works out to nearly USD 11.1-11.2 million every quarter.
Aug 13, 2013 at 14:02 | Source: Moneycontrol.com
GVK Power has clarified that the Company is exploring various options for relieving some of its debt. An option that is being looked at is, raising equity at the Airport Holding Company, to retire the debt raised for the airport acquisition. The Company is in discussion with a few investors in this matter.
Aug 12, 2013 at 15:55 | Source: CNBC-TV18
Shriram EPC is confident of a substantial reduction in its debt after it agreed to sell its holding in Sree Jayajothi Cements Ltd (SJCL) for Rs 1,400 crore.
Aug 07, 2013 at 16:37 | Source: Reuters
Reliance Industries, L&T Finance Holdings and Tata Capital, part of the Tata conglomerate, have bought back around a combined Rs 2175 crore of debt since late July, dealers said.
Aug 07, 2013 at 11:58 | Source: CNBC-TV18
There is no need to sell MNC consumer companies such as HUL, or some of the themes which are emerging in the market, such as liquor companies. But if an investor has a leveraged block, or PSU block, there will be trouble if they hold on to it, because even if there is a pullback rally, the chances of these stocks being a part of it are less.
Jul 19, 2013 at 21:02 | Source: PTI
Market regulator Sebi will hold an auction on Monday for grant of investment limits to foreign investors in government debt securities worth over Rs 23,000 crore.
Jul 08, 2013 at 23:36 | Source: CNBC-TV18
CNBC-TV18's Appaji Reddem reports that a CBI search of the Deccan Chronicle Holdings premises and the residence of managing director Vinayak Ravi Reddy has failed reveal any key details related to the huge pile of debt that the company is reeling under.
Jul 03, 2013 at 12:20 | Source: Reuters
The RBI rules last week had created confusion among bankers and issuers. The NBFC sector tends to have less regulatory oversight than banks and relies heavily on capital markets to fund its business