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- Reliance raises $1 billion through overseas bond issue
Mumbai, Feb 10: Mukesh Ambani-led Reliance Industries today said its subsidiary, Reliance Holding USA, has issued bonds worth $1 billion to be used as capital expenditure.
"We are....
- Indian Oil raises Rs.1,400 crore through bond issue
New Delhi, Dec 16: State-run Indian Oil Corporation (IOC) today said it has raised over Rs.1,400 crore from the bond markets to meet the capital requirements for its ongoing domestic projects.<....
- Eredene may raise $200-300 million to invest in India
Kolkata, Aug 26: Britain-based Eredene Capital Plc may raise around $200-300 million from overseas markets to invest in infrastructure projects in India, a top company official said here today.....
- Reliance Capital Q1 profit dips 49 percent
Mumbai, Aug 9: Anil Ambani-led Reliance Capital said today its first quarter profit dipped 49 percent mainly because of Rs.39 crore loss in its insurance business and lower capital gains.
<....
- Shriram group bets big on construction equipment financing
Chennai, May 17: Betting big on construction equipment financing, city-based business group Shriram is expecting to start operations next month through subsidiary Shriram Equipment Finance Comp....
- L&T Finance to raise Rs.400-500 crore by March
Kolkata: Engineering major Larsen & Toubro's financial services arm, L&T Finance Ltd, would raise another Rs.400-500 crore through debt after its current Rs.500 crore fund raising t....
- Kesoram Industries posts net profit of Rs.36.83 crore
Kolkata: B.K. Birla group company Kesoram Industries Ltd has posted net profit of Rs.36.83 crore for the quarter ended Dec 31, 2009, against Rs.39.15 crore for the corresponding quarter of 2008....
- Karnataka clears big-ticket investments worth $27.5 bn
New Delhi: Karnataka has cleared 38 big-ticket projects worth Rs.138,000 crore ($27.5 billion), and hopes soon to finalise the mega investment proposals from global steel makers ArcelorMittal a....
- Institutional placements were flavour of 2009 at Indian markets
Mumbai: In a year which started with doomsdayers predicting a frightful scenario for businesses, Indian companies found the qualified institutional placement (QIP) route more than a blessing, h....
- India announces $263-mn credit for Congo
New Delhi: India today said it will offer $263 million line of credit for three projects in the Democratic Republic of the Congo and also set up an IT excellence centre in the Central African c....
- New Maytas management weighing capital raising options
Hyderabad: Infrastructure Leasing and Financial Services (IL&FS), the new management of city-based construction firm Maytas Infra, today said it would look at recapitalising the company thr....
- Venture capitalists have little fancy for Indian start-ups
New Delhi: Dreamy-eyed Indian entrepreneurs hoping to talk their way into getting venture capital for their start-ups might as well look elsewhere for funding. It doesn't happen in India, n....
- Mutual funds asked to increase retail participation
Mumbai: Mutual funds should look at increasing their assets under management (AUM) from retail investors given the huge redemption pressures faced by some funds last year, the market watchdog c....
- Venture capital fund, bank mooted for food processing sector
New Delhi: Agreeing to industry's demand for access to more credit at competitive rates, the government is examining a proposal to set up a venture capital fund or a bank for the food proce....
- DCM Shriram to slow down investments despite profits
New Delhi: Diversified business group DCM Shriram today said it would go slow on investments this fiscal despite posting a net profit of Rs.369.23 crore, as compared to the Rs.209.99 crore it p....
- Malaysian-Indians unaware of economic opportunities
Kuala Lumpur: Malaysian Indians are generally unaware of economic opportunities the government offers, including loans for farming and to start own businesses, two ministers from the community....
- Polaris net profit hike by 79 percent
Chennai: Chennai-based Polaris Software today declared its net profit was up 79 percent at Rs.130.71 crore for 2008-09, compared to Rs.73.22 crore earned the previous year.
The compan....
- Despite meltdown, venture investment up in India: Report
New York: The global economic meltdown may have spread to all technology hotspots in the fourth quarter of the last fiscal, but venture capital investment in India has grown a whopping 90 p....
- Infrastructure projects worth Rs 283 bn approved
New Delhi: The 19th public-private partnership appraisal committee (PPPAC) has approved infrastructure projects worth Rs.283 billion, the government announced today.
The PPPAC, cha....
- Indian equities marginally in red
Mumbai: Amidst volatility, Indian equities markets were marginally in the red mid-afternoon despite opening higher and twice going into the green only to slide each time.
Mid-afternoon, t....
- Rupee tumbles by 54 paise to 6-year low
Mumbai: The Indian rupee tumbled by 54 paise to nearly six-year low of 48.47 against the greenback in morning trading today on fears of more capital outflows due to turmoil in equity markets.
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- Government to raise Rs 39,000 cr from bonds in Q3
New Delhi: Government plans to raise Rs 39,000 crore from the market through bonds in the third quarter of the current fiscal to meet its financing needs. An indicative calendar for government ....
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