Azure Power Solar Energy likely to price its dollar bonds at 5.65 pct
The firm was looking to raise close to $350 million through the issue. Earlier during the day, the initial price target (IPT) on the bonds had come in at 6%, sources indicated.
Azure Power Solar Energy to hold roadshows for issue of dollar bonds
Azure Power Solar Energy will hold roadshows from Tuesday for its proposed dollar bonds issuance through which the firm hopes to raise close to $350 million, sources in the know said.
Dollar drive: Overseas bond issuance from India cross $16 billion
The final size of the transaction was not clear but sources indicated PFC may raise a total of at least $750 million through the issues.
Overseas bond issuances may cross $20 billion in 2019: Chetan Joshi, Head-Debt Capital Markets, HSBC India
The market was very dislocated last year with US bond yields on an upward march till November, and trade issues were flaring up.
Fundraising: IRFC, ONGC explore dollar bond market to raise $1 billion
The IRFC issue is likely to be a “144A/Reg S” one so that US investors can participate along with investors from other regions, the persons said.
Task force against India banks’ overseas branches catering to rupee NDF market
The task force had indicated that the 2016 BIS survey (the next one will be released later in 2019) showed offshore trades in the rupee were more or less equal to deliverable onshore forwards; around $16 billion daily.
Godrej fund’s final close of office development platform at $450 million
The fund has already secured two developments, one each in Mumbai and Gurgaon, totaling 2 million square feet.
RBI policy impact: Bonds see minor sell-offs as traders pare long positions
According to RBI governor Shaktikanta Das’ statement, the monetary policy committee judged that with inflation projected to remain within the target, addressing growth concerns by boosting aggregate demand, especially priva
Warburg Pincus acquires controlling stake in Avanse Financial Services
Private equity firm Warburg Pincus indicated on Wednesday it has completed acquiring a controlling equity stake of 80% in Avanse Financial Services, an education focused non-bank finance company (NBFC) that provides loans to
Motilal Oswal Real estate raises Rs 1,000 crore for 4th fund
Motilal Oswal Real Estate (MORE) has raised close to Rs 1,000 crore for its fourth fund, and is actively seeking opportunities in the mid-market residential projects with large developers, which will include land acquisitions
Drip Capital raises $25 million in Series B funding round
Its working capital offering to exporters is a credit line, which ranges from $100,000 to $2.5 million, depending on the exporter’s size and requirement.
SmartE raises close to Rs 100 crore from Mitsui & Co
We also ended up building the EV charging infrastructure,” he said. Most of the rides undertaken by the firm are on under three-km routes.
We are evaluating opportunities in the NBFC space: Sanjay Kukreja, partner and CIO, ChrysCapital
The company has outperformed quite significantly. It isn’t a domestic company. It is an export-oriented firm that serves the US healthcare market providing services like revenue cycle management, auditing, accounting etc.
Dentsu Aegis acquires a majority stake in Ugam
Merkle is headquartered in Columbia, Maryland, and has 21 additional offices in the US and 33 offices in Europe and APAC. It has around 7,000 employees. In 2016, the agency joined the Dentsu Aegis Network.
KSH Group in talks with Morgan Stanley, others for Pune asset sale
KSH Infra Industrial Parks is developing the assets on two land parcels in Chakan and Talegaon in Pune, measuring a total of 66 acres.
Budget 2019: Lower fiscal gap target proposed by FM Sitharaman lifts bonds
Union Budget 2019 India: With the government deciding to consider offshore borrowing, investors think that this may help reduce the pressure on yields in the long run, although volatility remains a concern.
Union Budget 2019: Govt plans to raise part of its borrowing from overseas market
Govt is planning to raise part of its borrowing from overseas market in foreign currency
JM Baxi Group in talks with private equity investors for $200 million funding
JM Baxi is a logistics, services and transportation conglomerate and runs a number of businesses.
JM Financial Fund II buys stake in co-living operator Isthara Parks
The quantum of stake acquired by the fund is not yet clear but sources in the know indicated it is a significant minority stake.
Japan’s Fuji Electric buys Chennai-based UPS maker Consul Neowatt
Tokyo-headquartered Fuji Electric is set to acquire power electronics manufacturer Consul Neowatt Power Solutions in a bid to expand its power electronics systems business in India.
Avendus fund buys minority stake in Bikaji Foods International
In 2018, IIFL Special Opportunities Fund had acquired a minority stake in the company for Rs 251 crore through a mix of primary and secondary investments.
Private equity firm ADV Partners buys Tata DLT
Tata International and Sri Lanka-based Dutch Lanka Trailer Manufacturers (DLTM) are about to sell their 50-50 joint venture company Tata International DLT (Tata DLT) to Canyon Point Investment, a wholly-owned subsidiary of pr
Mahindra Partners invests Rs 206.5 crore in NDCFS giving exit to Matrix Partners
As part of the transaction, the promoters have further invested Rs 20 crore. As a result, a total of Rs 226.50 crore has been invested by Mahindra Partners and the promoters of NDCFS in the transaction.
Jaslok Hospital to continue operations, no potential suitor yet
Mumbai-based Jaslok Hospital on Monday put all speculations to rest, regarding the takeover of its daily operations by potential suitors.
JP Morgan invests in Global PayEx to improve payments in B2B space
Freepay is Global PayEx’s cloud-based platform and has been live for more than three years. The platform is fully automated and self-servicing, JP Morgan stated.
Kinara Capital raises Rs 100 crore from private equity, impact investors
Kinara Capital, a non-banking finance company (NBFC) that lends to small businesses, has raised Rs 100 crore from private equity and impact investors including Gaja Capital, GAWA Capital, Michael & Susan Dell Foundation and P
ESG platform ECube appoints Chandru Badrinarayanan as managing partner
Badrinarayanan, who was executive director and head of MSCI’s India business, spent more than six years developing its India business related to indexes, analytics and ESG. He was MSCI’s India country head till April 30 t
Advertisement
Advertisement
Advertisement
TRENDING NOW
- Minister your finances better! How smart financing purchase decisions can help you be a uber-saver
- OnePlus gives a glimpse of future TV design
- WhatsApp feature trick: How to hide your view on your friend's WhatsApp Status
- OnePlus TV to unleash a sight and sound revolution!
- Say "Hey, Google" to make WhatsApp calls now; Here's how
BUDGET 2019
- Budget 2019: Central govt to contribute 14% to NPS, employees to get 80C benefit on Tier-II deposits from April 1
- Budget 2019: Hike in import duty may dampen the gold rush
- Budget 2019: More power to villages; Rs 2 lakh crore allocated to Panchayats in five years
- Budget 2019: Healthcare sector expects hike in exemption limits for health checkup, medical reimbursement
