debt reduction

  1. A

    Mistry Advocates for Tata Sons Listing, Trusting Government Action

    New Delhi, April 10 SP Group Chairman Shapoorji Pallonji Mistry reiterated on Friday his call for the listing of Tata Sons, arguing that it is not merely a matter of regulatory compliance but a necessary evolution in the public interest, expressing confidence in the government and the RBI to...
  2. S

    FCL Faces Debt Repayment Issues – ₹290.41 Cr Outstanding

    New Delhi, April 8 Future Consumer Ltd (FCL) has defaulted on payments of ₹615.67 crore in interest and principal repayments on loans from banks, financial institutions, and unlisted debt securities, as of March 31, 2026.FCL, the FMCG arm of the debt-ridden Future Group, had defaulted on...
  3. A

    Energy Reform: Maharashtra's Power Sector Gets Restructured

    Mumbai, April 7 – The Maharashtra Cabinet, chaired by Chief Minister Devendra Fadnavis, has approved the financial restructuring and bifurcation of the Maharashtra State Electricity Distribution Company Limited, in an effort to transform the state’s energy landscape.This move represents a...
  4. S

    West Bengal Elections: Left Front Promises Jobs and Development

    Kolkata, April 4 – The Left Front, led by the CPI(M) in West Bengal, released its manifesto for the upcoming state assembly elections on Saturday, with a focus on industrial development and job creation.The manifesto promised to create jobs in both the public and private sectors. This would be...
  5. K

    Powerica IPO: Initial Trading Performance

    New Delhi, April 2 Shares of Powerica, a provider of power solutions, closed over 2 per cent lower on Thursday compared to the issue price of Rs 395 in its debut trade.The stock listed at Rs 366, falling 7.34 per cent from the issue price on the NSE. During the day, it reached a high of Rs 397...
  6. A

    Powerica Stock Debut: Discounted Listing Amid Market Weakness

    New Delhi, April 2 Shares of Powerica Ltd, a provider of power solutions, made a lackluster debut on Thursday, listing at a discount of over 7 per cent from the issue price of Rs 395.The stock listed at Rs 366, down 7.34 per cent from the issue price on the NSE.On the BSE, it debuted at Rs...
  7. S

    IPO Planned for Auto Component Maker Kay Jay Forgings

    New Delhi, April 1 Auto components maker Kay Jay Forgings Ltd has filed draft papers with the market regulator, Sebi, to raise ₹360 crore through an initial public offering (IPO).The proposed IPO comprises a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of shares...
  8. S

    Powerica IPO: Strong QIB Interest Drives Subscription

    New Delhi, March 27 The initial public offering (IPO) of power solutions provider Powerica Ltd was a success on the last day of bidding on Friday, with subscriptions 1.45 times the offer, driven by buying interest from institutional investors.The Rs 1,100-crore IPO received bids for...
  9. Z

    Powerica IPO Progress: Subscription Figures and Debt Reduction Plans

    New Delhi, March 25 The initial public offer of power solutions provider Powerica Ltd was subscribed to 3% on the second day of the share sale on Wednesday.The company's IPO received bids for 5,22,995 shares against 2,05,55,171 shares on offer, according to details available with the NSE.The...
  10. S

    Powerica IPO Update: Subscription Figures and Key Details

    New Delhi, March 24 The initial public offering of power solutions provider Powerica Ltd was subscribed to 1% on the first day of share sales on Tuesday.The IPO received bids for 2,07,681 shares against 2,05,55,171 shares on offer, according to NSE data.The portion for Retail Individual...
  11. K

    Powerica IPO Details: Price Band & Use of Funds

    New Delhi, March 18 Power solutions provider Powerica Ltd announced on Wednesday that its initial public offering (IPO) worth Rs 1,100 crore will open for subscription on March 24, with the proceeds primarily being used for debt reduction.The price band has been fixed at Rs 375-395 per share...
  12. S

    Vedanta Debt Refinancing Driven by Strong Investor Interest

    New Delhi, March 15 Vedanta Ltd is set to raise ₹2,575 crore through an issue of non-convertible debentures (NCDs) after strong demand from institutional investors, including ICICI Prudential Mutual Fund, Kotak Mutual Fund, and Aditya Birla Sun Life Mutual Fund, sources familiar with the...
  13. S

    Adani Group's Bonds: Investors Prioritize Exposure to Indian Infrastructure

    New Delhi, March 13 Even as tensions stemming from the West Asia crisis unsettle global markets, investors have shown little willingness to sell Adani Group's dollar-denominated bonds, despite a buyback by its ports arm, Adani Ports and Special Economic Zone Ltd (APSEZ).On March 12, APSEZ...
  14. S

    Odisha Ranks No. 1 in Fiscal Health Index 2023-24

    Bhubaneswar, March 12 – Former Chief Minister and Leader of the Opposition (LoP) Naveen Patnaik on Thursday praised the prudent fiscal management during his government, which he said transformed Odisha from bankruptcy into one of the country’s leading states economically.Expressing...
  15. A

    Sukhu Criticizes Previous BJP, Announces New Development Initiatives

    Mandi/Shimla (HP), March 6 Chief Minister Sukhvinder Singh Sukhu said on Friday that Himachal Pradesh could have been debt-free if the previous BJP government had maintained financial discipline.Addressing a public gathering at Diyargi in the Nachan Assembly constituency of Mandi district, the...
Back
Top