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Debt Reduction

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  • UPL eyes debt reduction, sells 8.93% stake in Advanta for Rs 2,100 cr, announces Rs 3,378-cr rights issue

    UPL's Advanta stake sale, coupled with an equity rights issue worth Rs 3,378 crore, positions the agrochemicals firm to raise a total of approximately Rs 5,500 crore. These funds may support the company’s expansion plans and deleveraging efforts.

  • Tata Steel: As visibility of UK profitability improves, is it time to add the stock?

    India operations likely to remain the most profitable venture for Tata Steel, given the captive iron ore mines

  • Glenmark faces a tough choice in API unit stake sale

  • In its latest comeback, Suzlon tries to avoid past mistakes

  • SAIL: Why we stay neutral on the stock

  • Adani Ports aims to repay Rs 5,000 crore in debt by the end of 2023-24: Karan Adani

  • FY23 a challenging year for debt reduction: Tata Steel

  • UPL’s stake sales may yield limited gains in the near term

  • Indiabulls Real Estate to use Rs 865 crore QIP proceeds for land acquisition, debt reduction

  • Vedanta Resources Chairman Anil Agarwal confident of reducing debt by $4 billion in 3 years

  • As GMR’s demerger nears, all eyes are on airports valuation

  • Apollo Hospitals launches Rs 1,000 crore QIP; aims for inorganic growth opportunities, debt reduction

  • Amtek Group stocks surge 3-11% following merger buzz

  • Will be doubling capacity by next year without debt: JSPL

  • JSPL up over 1% on getting long term linkage from Coal India

  • Expect to sustain 15.3% EBITDA margin in FY17: Jindal Saw

  • Vodafone India may get $5 bn from UK parent: Sources

  • Indiabulls Real Estate cuts debt by 16% to Rs 4,617 cr in FY16

  • Are you surrounded by big loans? Look for debt couseling

  • Dishman Pharma confident of meeting revenue guidance: CMD

  • Infra is picking up now; target 40% lower debt: Punj Lloyd

  • More asset sales by end FY13, macro hurting: JP Associates

  • Will cut Rs 250cr debt by Q4 via sale of 4 projects: Orbit

    Orbit Corporation feels that high interest costs have hurt the company's performance till now. The company will now focus on paring debt to reduce the interest costs going forward.

  • Sree Jayajothi Cements sale to help cut debt: Shriram EPC

    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.

  • Suzlon Energy gains 2% on fund raising plans

    Suzlon Energy's shares gained more than two percent Monday as the company plans to raise up to USD 400 million by selling 15 of its non-core assets.

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