Mar 06, 2014 at 16:47 | Source: PTI
In 2013, companies mopped up Rs 3 lakh crore through private placement of debt securities, 11 percent lower compared to Rs 3.36 lakh crore garnered in year before
Mar 06, 2014 at 13:14 | Source: CNBC-TV18
AK Gupta, CMD, Shipping Corporation of India is looking to raise cash from other resources such as ship building orders. The companys current debt stands at around Rs 8,500 crore levels.
Mar 06, 2014 at 11:01 | Source: Moneycontrol.com
Surana Industries has informed that the proposal of the Company regarding the restructuring of it's Debt has been approved by the CDR Empowered Group of Corporate Debt Restructuring Cell and Communicated vide its letter of Approval (LOA) dated February 26, 2014.
Mar 03, 2014 at 12:32 | Source: Moneycontrol.com
Jaiprakash Power Ventures collapses 16 percent post sale of two hydro power units to TAQA for Rs 10,500 crore which will help JP Power Ventures bring down its debt by that much amount and help the company deleveraging.
Feb 28, 2014 at 13:17 | Source: Moneycontrol.com
Its holding company Jaiprakash Associates, which holds 60 percent stake in JP Power, already sold two cement unit in Gujarat for Rs 3,800 crore to UltraTech Cement in September 2013 as a part of debt reduction plan.
Feb 28, 2014 at 11:42 | Source: Moneycontrol.com
Jaiprakash Power Ventures has informed that a meeting of the Board of Directors of the Company will be held on March 01, 2014, to consider the recommendations of the Committee of Directors / Audit Committee aiming at reduction of debt and unlocking the shareholders' value.
Feb 27, 2014 at 20:48 | Source: PTI
"The tariff increase will reduce CGPL's financial losses and benefit Tata Power Company's (TPC) credit quality. CGPL is a material part of TPC group and its debt accounted for approximately 30 per cent of total consolidated debt as of 31 March 2013," Moody's Investors Service said.
Feb 25, 2014 at 16:37 | Source: CNBC-TV18
The company as of now is debt-free except working capital requirements funded by banks, said MK Dhanuka, MD of Dhanuka Agritech.
Feb 25, 2014 at 15:23 | Source: CNBC-TV18
The telecom space is buzzing with M&A activity. Another company making the news is unlisted player, Videocon. Sources say Videocon promoters are in a bid to bring down their debt and they have appointed bankers to evaluate valuation of Videocon Telecom, erstwhile Videocon Mobile Services, they are looking for a sell out.
Feb 25, 2014 at 12:45 | Source: Moneycontrol.com
After repayment of non-convertible debentures (NCDs) and cost of financing, the Pune-based company will get Rs 109 crore. "KEL will utilise the net proceeds to meet various obligations of its business including working capital and substantially towards FCCB/debt repayment obligations to strengthen its balance sheet," it said in a statement.