Biyani’s Future Capital to raise long-term funds

22 Jun 2009

1

The Kishore Biyani-led Future Capital Holdings on Monday said it would raise long-term funds through issuance of securities or debt for financing its expansion plans.

The company's board had approved the raising of additional long-term funds through issuance of further securities or via debt for general corporate purposes, expanding existing businesses and for strategic investments or acquisitions, Future Capital said in a filing to the Bombay Stock Exchange.

Earlier this month, another Kishore Biyani-promoted firm Pantaloon Retail had approved raising Rs1,000 crore through issuance of securities to institutional investors.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers