Dec 04, 2013 at 21:14 | Source: PTI
Essar Oil said it will allot 3.88 crore equity shares at Rs 138 per share on conversion of 1,150 foreign currency convertible bonds (FCCBs) of USD 100,000 each aggregating to USD 115 million which were issued on June 15, 2010 to Essar Energy Holdings.
Nov 01, 2013 at 13:52 | Source: Moneycontrol.com
Jindal Stainless has informed about receipt of notice dated October 31, 2013 by the Company through Citibank N.A., London, principal agent of the bond holders for conversion of 300 Foreign Currency Convertible Bonds (FCCBs) of USD 5,000 each into 5,47,458 equity shares of Rs 2 each..
Oct 10, 2013 at 17:45 | Source: Moneycontrol.com
The funds will be used for refinancing and extending maturities of higher cost rupee debt and other approved end uses.
Oct 10, 2013 at 08:46 | Source: Moneycontrol.com
Reliance Infrastructure at its meeting held October 09, 2013 have approved raising of long term resources including external commercial borrowings (ECBs), foreign currency convertible bonds, and rupee term loans / NCDs, up to Rs 2,500 crore, for refinancing and extending maturities of higher cost rupee debt and/or other approved end uses.
Sep 30, 2013 at 19:46 | Source: Reuters
The falls added to what was the worst quarter in nearly 4-1/2 years for bonds, hurt by a slump in the currency to record lows that sparked strong foreign investor selling and most recently by the Reserve Bank of India's surprise decision to raise interest rates.
Sep 29, 2013 at 14:01 | Source: PTI
Overseas investors have pumped in over Rs 13,000 crore (USD 2 billion) in the Indian stock market this month following new RBI Governor Raghuram Rajan's announcing measures to boost the weakening rupee and reviving economic growth.
Sep 21, 2013 at 17:11 | Source: Moneycontrol.com
Celestial Biolabs reappointed A N Singh as chairman & managing director for three years; approved issue of shares, global depository receipts and/or American depository receipts, foreign currency convertible bonds, convertible bonds, euro-convertible bonds/shares/debentures, preference shares upto an amount of Rs 20 crore.
Sep 05, 2013 at 11:24 | Source: Reuters
The RBI will swap FX-denominated foreign currency non-resident bond (FCNRB) deposits with tenures of 3 or more years at a fixed hedge cost of 3.5 percent a year until November 30.
Aug 12, 2013 at 08:20 | Source: Moneycontrol.com
BS Ltd at its meeting held on August 09, 2013, has considered raising of funds by issue of Foreign Currency Convertible Bonds through Global Depository Receipts/American Depository Receipts/Qualified Institutional Placement.
Jul 16, 2013 at 12:57 | Source: CNBC-TV18
Philip Poole, Global Head of Macro and Investment Strategy, HSBC Global explains that RBI had not choice but to tighten money supply due to currency pressure. He suggests that foreign investors would focus more on bond market than equity following higher yields and weak currency.