Indiabulls Housing repays Rs 7k cr NCDs, readies for paying back USD bonds

Indiabulls Housing Finance, which recently generated over Rs 800 cr from retail investors by the way of non-convertible debentures (a kind of corporate fixed deposit), said it paid back NCDs worth Rs 7,075.84 cr in September. It also said it was on track to pay back dollar bond holders by May. It said the NCDs […]

RCom says confident of completing asset sale to Reliance Jio on time

Anil Ambani-led Reliance Communications said it is confident of completing the sale of the assets related to its mobile network to Reliance Jio on time. The company’s statement was in the context of the Supreme Court refusing to give any urgent relief on the stay imposed on the asset sale by the National Company Law […]

NTPC launches $400 mln USD bonds at 4.5% interest

NTPC Ltd, India’s largest power producer, said it is raising $400 mln (Rs 2,600 cr) by selling dollar-denominated bonds that carry a 4.5% interest. The bonds were priced yesterday and the issue is now open, the company said. The notes will mature on March 19, 2028. Both the principal and interest payments will be made […]