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Videocon Industries closes $51 million GDR issue
Videocon Industries today said it has raised USD 51.02 million (over Rs 280 crore) via a Global Depositary Receipt (GDR) issue.
Kingfisher Airline's Rs 8000 cr debt recast complete
All the 18 lenders of Kingfisher Airlines have approved & implemented the debt restructuring package according to sources.
Turning the black money tide: It will require reforms in taxation and real estate transactions
Generated through out-of-book transactions, un...
Cox and Kings Q2 income up 28 pc at Rs 107.30 crore
Travel company, Cox and Kings, has posted a 28 per cent increase in its consolidated income from operations at Rs 107.30 crore in Q2 FY 11 as against Rs 83.74 crore in the year-ago period.
IT People to raise $25 mn through GDRs
IT People (India) Ltd said on Tuesday it would raise $25 million through the issue of Global Depositary Receipts.
Indiabulls raises 275 mn dlr via GDR offering
Leading brokerage firm Indiabulls Financial has raised $ 275 million through a Global Depositary Receipt (GDR) offering and will list the securities on the Luxembourg Stock Exchange.
Kingfisher unfazed by Libya Crisis, to raise $300 mn via GDR issue
Vijay Mallya promoted Kingfisher Airlines will go ahead with its plans to raise $300 million through GDR issue despite crisis in Libya casting shadow over global economic rebound.
Kingfisher completes 8k-cr debt recast
Kingfisher Airlines has completed restructuring Rs 8,000-crore debt , with all 18 lenders agreeing to cut interest rates and convert some loans to equity.
Wanbury raises euro 15 million through FCCBs
Pharma major Wanbury Ltd on Tuesday said it has raised 15 million euros through Foreign Currency Convertible Bonds listed on the Luxembourg Stock Exchange.
Mallya’s stake in Kingfisher to fall below 50% post debt restructuring
Kingfisher Airlines is in the process of implementing the debt restructuring plan, which also includes raising $250 mn to $350 mn via GDR.
Brushman India raises $12 mn through FCCB issue
Paintbrush manufacturer Brushman India on Thursday said it has raised $12 million (about Rs 51.43 crore) through issue of foreign currency convertible bonds in the international market.
Mascon Global acquires two US-based firm for $55 mn
IT services provider Mascon Global on Wednesday said it will acquire two US-based companies for 55 million dollars (about Rs 222 crore).
IndusInd Bank: Romesh Sobti's lieutenants who turned his vision into reality
IndusInd Bank is valued on par with HDFC Bank by investors, thanks to Romesh Sobti’s vision in building an institution with values.
Bhagyanagar India raises Rs 68 cr through FCCBs
Cable manufacturer Bhagyanagar India Ltd on Monday said it has raised Rs 68.18 crore ($15 million) through the allotment of 150 zero coupon unsecured FCCBs to London-based Portman Square.
BSEL bags construction order in UAE for Rs 1,200 cr
At current market rates, the new project would earn a net profit of Rs 400 crore for the company, it said.
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