HDFC Bank has said that it will raise up to Rs 50,000 crore through debt securities and infrastructure bonds over the next 12 months. In a filing to the BSE, the institution said the Board has approved the issue of debt instruments, Tier-II bonds and long-term infrastructure bonds of up to Rs 50,000 crore.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
HDFC Bank to raise Rs 50,000 crore via infra bonds, debt securities
HDFC raises Rs.500 cr via masala bonds
Mortgage lender HDFC has said that it has raised Rs.500 crore through rupee-denominated bonds from overseas investors.
HDFC raises Rs 500 crore via masala bonds
Mortgage lender HDFC has said that it has raised Rs 500 crore through rupee-denominated bonds from overseas investors. Â“The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs 500 crore,Â” HDFC said in a regulatory filing to stock exchanges.
HUL sells iconic headquarters
IndiaÂ´s largest consumer goods company Hindustan Unilever has sold its erstwhile headquarters Lever House at Churchgate in south Mumbai to its current tenant, Housing Development Finance Corporation, for around Rs 300 crore.
Most banks have shown resilience, preventing further deterioration in asset quality in the fourth quarter. The same quarter also proved to be healthy in terms of recovery for most PSU banks
Net profit of HDFC rises 17%
Net profit of the Housing Development Finance Corporation (HDFC) rose 17.27 per cent to Rs 1,555 crore during Jan-Mar 2013 quarter on a standalone basis. The financial institution attributes the growth in profit to rising loan book and maintaining of margins. Net interest margin of the company was 4.2 per cent while the spread was 2.3 per
Firms raise more capital through NCDs
Reports indicate that companies raised more than Rs 35,000 crore through issue of non-convertible debentures (NCDs) in 2012, which is higher than the Rs 12,753 crore garnered in the preceding year. Recently, HDFC issued Rs 250 crore NCDs with a green shoe option to raise another Rs 250 crore.The mortgage lender raised the amount to meet general corp
Govt relaxes overseas borrowing norms
A high level committee on External Commercial BorroÂwings (ECB) relaxed several norms on overseas borrowings by Indian financial institutions and companies.