Shriram Transport Finance Company has raised funds worth Rs 300 crore through issuance of bonds. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the range 9.12% to 9.70%. Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking … Read more
Indian Bank has successfully raised funds worth Rs 290 crore under Basel III Compliant Tier 2 Bonds on October 30, 2018 with a coupon rate of 8.90% p.a., tenor at 10 years and call option after completion of 5 years, on private placement basis. The credit rating agency, CRISIL has assigned ‘AAA/Stable’ rating and CARE … Read more
Tata Power Company has received approval for issuance in one or more tranches, of noncumulative, redeemable, taxable, listed, rated securities in the form of Non-Convertible Debentures (NCDs) upto an aggregate amount not exceeding Rs 5,500 crore on private placement basis to any persons, entities, bodies corporate, companies, banks, financial institutions and any other categories of … Read more
Capacite Infraprojects has received contract worth Rs 705 crore (excluding GST), from Oberoi Realty, for construction of Oberoi Garden City- Phase 3 comprising of five towers of sixty six floors each located at Goregaon East, Mumbai in the state of Maharashtra. Capacite Infraprojects is a fast growing construction company focussed on Residential, Commercial and Institutional … Read more
Sunteck Realty has issued Commercial Paper of Rs 25 crore. The tenure for the instrument is 116 days. The date of allotment is October 29, 2018 and will mature on February 22, 2019. Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment. Bhupendra Singh ChundawatBhupendra Singh … Read more
Union Bank of India has reported results for second quarter ended September 30, 2018. The Bank has reported net profit of Rs 139.03 crore for the quarter under review as against net loss of Rs 1,530.72 crore for the same quarter in the previous year. However, total income of the bank decreased marginally by 0.02% … Read more
Coffee Day Enterprises has received an approval for the issuance of up to 1000 Unlisted, Rated, Redeemable, Non-Convertible Debentures (NCDs), each of a face value of Rs 10 lakh aggregating to Rs 100 crore on private placement basis. The Board of the company at their meeting held on October 29, 2018, approved the same. The … Read more
