Top 5 steelmakers seen lowering debt by Rs 35,000 cr this year and next: Report
The five steelmakers could cut Rs 25,000 crore of debt this fiscal. Next fiscal, despite capex rising by 15 per cent, they can slice debt by another Rs 10,000 crore.
The five steelmakers could cut Rs 25,000 crore of debt this fiscal. Next fiscal, despite capex rising by 15 per cent, they can slice debt by another Rs 10,000 crore.
AWEL was awarded the block under the New Exploration Licensing Policy’s (NELP) seventh bid round.
In a radical shift from the current methodology where the call option date of the bond was considered for calculation, the regulator has also directed MFs to value perpetual bonds (AT1) based on a 100-year maturity.
Half of the issue has been reserved for qualified institutional buyers, 35 per cent for retail investors and 15 per cent for non-institutional bidders.
The government holds 7,44.46,885 equity shares of TCL, which, at last closing price of Rs 1,289.75 per unit, stands at a value of over Rs 9,601 crore.
Half of the issue has been reserved for qualified institutional buyers, 35 per cent for retail investors, and 15 per cent for non-institutional bidders.
Nazara’s public issue will see sale of 52,94,392 equity shares by the promoters and existing shareholders.
The key sectors covered under the scheme include telecommunication, food processing, medical devices, automobile and their components, textiles and solar PV modules.
1. The report said COVID-19 has accelerated the pace of digitisation across categories.
2. The number of Indian fintech unicorns will more than double by 2025.
Bank of Baroda said Debadatta Chand has been appointed as Executive Director for a period of three years from March 10, 2021 or until further orders, whichever is earlier.
