The company will soon appoint investment bankers for the proposed bond sale

The board of bank has already approved the capital mop-up.

The ratings agency said this is over and above the Rs 2.54 trillion anticipated prior.

"Rovuma Offshore Area 1 consortium (Area-1), led by Total confirms, the finalisation of the Mozambique LNG senior debt financing of $14.9 billion for the two train LNG project on July 15, 2020," OIL said in a exchange filing

IL&FS Group's new board, headed by veteran banker Uday Kotak, expects the company to address over Rs 57,000 crore of debt, with around Rs 50,500 crore likely to be addressed by March 2021

Kishore Biyani is staring at a major debt crisis. Here is why the options for the Future Group Chairman are limited

Vedanta group, including the parent Vedanta Resources, Hindustan Zinc and Cairn India, is burdened with a debt of $10 billion. But Chairman Anil Agarwal recently said that there is no worry on repayment

A missed payout would have meant rating agencies downgrading the company to default category, and other lenders putting pressure on it to meet repayment obligation or face invocation of pledged shares.

The tenure of Motherson Sumi Sysytems' NCDs is three years from the date of allotment with a fixed coupon rate

At least a dozen big-ticket cases with total debt in excess of Rs 99,700 crore have been stuck for up to three years now due to legal challenges.

Somehow, we have not shaken off our societal stigma of "debt" as a practice and we are caught up in the dilemma if we want to use debt as a leverage for growth - both for individuals or governmental spending

The bonds of face value of Rs 10 lakh each, at par, bearing a coupon of 7.73 per cent per annum payable annually with call option after five years and on anniversary dates thereafter, aggregates to Rs, 2,500 crore, it said.

The cash component of the recovery would be 84-85 per cent, while the rest will be paid by issuing optionally convertible preference shares

Vedanta’s takeover of 13 companies offers electronics major Videocon a lifeline, but it may not be enough for the beleaguered group

Misha, partner at Shardul Amarchand Mangaldas, said that the initial delay in the processes was caused on account of certain unsettled issues of interpretation and the ecosystem becoming familiar with the processes.

Billionaire Ajay Piramal's Piramal Group has emerged as the preferred bidder for debt-laden mortgage lender DHFL

India’s steel industry had targeted a capacity of 180 to 190 MTPA by 2024–2025 and 300 MTPA by 2030. Prior to the Covid-19 outbreak, 10 MT of steel capacity was expected to come on board in the second half of this fiscal year.

The debt fund raising by the company comes just before the start of spectrum auction valued at Rs 3.92 lakh crore.

Of the proceeds raised, Tata will use 225 million pounds ($318 million) to refinance existing loans and the rest to meet corporate expenses, according to the paper

The Mswipe credit score will be available for industry partners to offer credit solutions to MSMEs who have been impacted due to Covid induced lockdowns amid the second wave of the pandemic.