Corporate finance
Tata Steel raises $1.5 bn in major foreign bonds sale
25 Jul 2014
Tata Steel has raised $1.5 billion (Rs9,000 crore) in a dual-tranche bond sale in the international market, making it the largest such deal by the Tata Group company
Hindalco plans Rs5,000-crore QIP issue
18 Jul 2014
Hindalco may issue securities, including equity shares or equity-linked bonds through the QIP route or through convertible bonds, depository receipts and/or any other convertible or exchangeable instruments
IL&FS raises $92 mn from Chinese market through 3-year bonds
12 Jul 2014
IL&FS Transportation has successfully concluded the first unrated bond sale by an Indian issuer in the Chinese debt market
ONGC raises $2.2 bn in India’s largest overseas bond sale
09 Jul 2014
The bonds saw a large geographic spread, from fund managers, banks, insurance and pension funds from Europe, US and Asia
RIL aims to raise Rs10,000 cr in debt towards Rs1.5 lakh cr investment plans
23 May 2014
The expansion plans include building more petrochemical plants as well as stepping up exploration and production of oil and gas
Essar Steel to raise $2 billion to cut rupee debt
28 Apr 2014
Essar Steel hopes to complete the $2 billion overseas borrowing by the end of the current quarter
Toyota to buy back stock worth $3.5 billion, give half to charity
27 Mar 2014
Cash-rich Toyota plans to retire about half of the current buy-back by the end of June, by giving it to a charity fund run by the company for a paltry $1 pershare
Apple buys back $14 bn stock in two weeks after weak results
07 Feb 2014
Including the latest share buyback, Apple had bought back share worth more than $40 billion over the past 12 months, which was a record for any company over a similar time period
RCom to develop real estate to pare debt
08 Jul 2013
Essar Steel raises $1 bn through ECBs, to help retire rupee debt
20 Jun 2013
The move will help Essar Steel to de-risk its balance sheet from fluctuating currency rates and save about Rs450 crore per annum in interest payments.
Suzlon recasts $1.8 billion debt
23 Apr 2013
RIL raising $500 mn in perpetual bonds overseas
28 Jan 2013
RIL today launched an issue in Hong Kong and Singapore markets to raise a minimum of $500 million in perpetual bonds, taking its overall long-term overseas debt in the current financial year to $4 billion
ArcelorMittal raises $4 bn to cut debt
11 Jan 2013
ArcelorMittal, the world’s largest steelmaker whose debt has been cut to “junk” status in recent months by global credit rating agencies,has successfully raised $4 billion yesterday in order to reduce the group’s debt.
US Ex-Im approves $2.1-bn credit to Reliance Industries
06 Dec 2012
The credit, jointly financed by Ex-Im and JP Morgan Chase, will support approximately 12,300 US jobs, according to the bank's estimates
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