Power Grid Corporation board approves raising ₹600 crore via bonds

Power Grid Corporation board approves raising ₹600 crore via bonds

 The bonds will be listed at BSE and/or NSE. Bonds are redeemable at par in 40 equal instalments and interest payment on quarterly basis. State-owned Power Grid Corporation’s board has approved raising up to ₹600 crore through bonds to be issued on private placement basis. “Committee of directors for bonds, in their meeting held today […]

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Explained | Britain’s week of market turmoil and the tax cut reversal

Explained | Britain’s week of market turmoil and the tax cut reversal

The pound slumped to its lowest point against the dollar accompanied by skyrocketing bond yields, triggering an emergency intervention by the Bank of England and a tax reversal by the UK PM The pound slumped to its lowest point against the dollar accompanied by skyrocketing bond yields, triggering an emergency intervention by the Bank of […]

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Piramal Enterprises gets Board nod to raise up to ₹700 cr. through issue of bonds

Piramal Enterprises gets Board nod to raise up to ₹700 cr. through issue of bonds

Piramal Enterprises Ltd. on Wednesday said the administrative committee of its board of directors has approved raising of up to ₹700 crore through the issue of non-convertible debentures (NCDs) on a private placement basis. The committee in its meeting held on Wednesday approved the issuance of the NCDs on a private placement basis, Piramal Enterprises […]

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