Market conditions remained challenging, but there were early signs of improvement, particularly in ArcelorMittal's core markets of the United States, Europe and Brazil, Chief Executive Lakshmi Mittal said.
The NSE RFQ platform can be accessed by eligible participants -- all regulated entities, listed corporates and institutional investors, among others, the exchange said in a statement.
"In line with both ENGIE's and EIYP's strategies, ENGIE has agreed to sell (once the transaction has closed in accordance with its terms) a 74 per cent stake in 12 solar assets aggregating 813 MWp of operating capacity collectively to EIYP and Sekura Energy, a portfolio company of EIYP," the utility firm said in a statement.
However, the pace of growth in folio numbers dropped in 2019 as compared to preceding three years. Industry experts attributed the trend to decline in investors account in debt oriented schemes as they were spooked by credit events in fixed income market.
Of the total foreign borrowing during the month, USD 2,11,53,22,022 was raised through the automatic route under the external commercial borrowing (ECB).
Apart from T-Bills, all other asset class have given returns which are close to each other
The assets, comprising financial securities like shares of the United Breweries Holdings Ltd (UBHL), were attached by the special Prevention of Money Laundering Act (PMLA) court in 2016 when it declared Mallya a proclaimed offender.
In case you default on loans or foresee such a possibility, the first step is to work closely with your financial planner and find a solution
A consortium of 12 lenders led by Power Finance Corp and State Bank of India assigned the existing principal debt of 65.74 billion rupees to a set of new investors and lenders, led by Goldman Sachs and Varde Partners for 40.50 billion rupees.
The company, whose net debt stood at $10.7 billion at the end of September, said on Monday the sale of the stake in Global Chartering Ltd (GCL) to DryLog Ltd would cut its debt by $530 million. It has a target to pull it below $7 billion.
And if the wave breaks, it could be more damaging since it would engulf private companies in addition to governments, at a time when economic growth is sluggish, according to a new report that covers four debt surges from 1970-2018.
As many as 99.99 per cent of shareholders, at the company's annual general meeting in Mumbai on December 14, voted in favour of a resolution moved for raising borrowing limit, CG Power said in a regulatory filing on Tuesday.
Entry into the global bond market would amplify investment inflows for India by as much as $50-125 billion
Given the lack of history relating to corporate bond ETFs in India, we need to see evidence of how this fund will work
Rating agencies ICRA and CARE Rating had earlier this year downgraded Piramal Capital’s non-convertible debentures (NCDs) to AA from AA+,
The year-on-year growth in sales volumes remained healthy at 12 percent; launches stood at 7.35 mn sq ft and deliveries at 14.49 mn sq ft.
Interest cover is the lowest since the December 2015 quarter
The write-offs illustrate the urgent problem of bad loans as borrowers struggle to service, let alone pay-off, their debt in a stuttering economy.
A consortium - led by Union Bank and State Bank of India - was set up to restructure DHFL's debt a month after it defaulted in June.
In May this year, the company, which has a gross debt of Rs 1.11 lakh crore as of end September, had announced plans to reduce the debt by another USD 1 billion and a capex plan of Rs 12,000 crore.
Revenue collection barely covers the interest servicing cost of these projects, let alone project returns, says an SBI Caps report
The move is expected to impact the debt-hit DHFL’s on-going resolution process with Union Bank, a key lender
Reliance MF leads the pack with Rs 2,216 crore of exposure, followed by Franklin Templeton MF (Rs 550 crore) and UTI MF (Rs 370 crore).
The company has asked the bondholders to hold the fixed instrument while it looks at a one-time settlement plan with the banks and a deal with Brookfield.
The firm is consulting with a financial advisor to evaluate the deal which would include acquiring stake by buying new shares and putting up open offers for existing shareholders