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Shapoorji Pallonji Group likely to sell bonds in April-June, bankers say
India's Shapoorji Pallonji Group is likely to raise around $3.3 billion through sale of bonds in the first quarter of the next financial year, two merchant bankers said on Wednesday. The group could raise anywhere between 270 billion rupees to 290 billion rupees ($3.1 billion to $3.35 billion) through a group entity, and the bonds are expected to be subscribed by private credit funds, the bankers said. The funds would be raised through a three-year or four-year debt issuance, the bankers said, adding that other details like the final quantum and coupon levels are under discussion. Deutsche Bank is the sole arranger for the deal and the proceeds will primarily be used to refinance existing debt, the bankers said. Shapoorji Pallonji Group and Deutsche Bank did not immediately reply to a Reuters email seeking comment. ($1 = 86.3100 Indian rupees)
Categories: Business News
AR Murugadoss on shooting for Sikandar amid death threats against Salman Khan: ‘Security was beefed up, clearing extras took 2-3 hours’ - The Indian Express
- AR Murugadoss on shooting for Sikandar amid death threats against Salman Khan: ‘Security was beefed up, clearing extras took 2-3 hours’ The Indian Express
- AR Murugadoss Reveals Salman Khan's Sikandar Will Have A Surprise Element Like Aamir Khan's Ghajini NDTV Movies
- A.R. Murugadoss: Like 'Ghajini', 'Sikandar' too will have a surprise element - Exclusive! TOI Etimes
- Salman Khan’s Sikandar release date announced: When to watch in theatres Mint
- AR Murugadoss opens up on shooting Sikandar amid death threats against Salman Khan: ‘The security was tightened’ Hindustan Times
BCCI breaks silence on board rethinking 'family rule' after Virat Kohli's criticism - Hindustan Times
- BCCI breaks silence on board rethinking 'family rule' after Virat Kohli's criticism Hindustan Times
- Kapil Dev reacts after Virat Kohli takes a dig at BCCI over 'no family' rule: 'We didn't wait for board to tell us...' Hindustan Times
- BCCI Sends 'Family Diktat' Message After Virat Kohli Outburst: "Resentment..." NDTV Sports
- No dilution in SOPs, says BCCI Cricbuzz
- BCCI family policy won't change: Secretary Saikia reacts to Virat Kohli complaint India Today
Torkham reopens after 27 days following successful jirga negotiations - DAWN.com
- Torkham reopens after 27 days following successful jirga negotiations DAWN.com
- Torkham border crossing between Pakistan, Afghanistan reopens after 25 days The Times of India
- Big setback for Shehbaz Sharif's Pakistan as Afghan Taliban rejects..., Pakistan now in trouble because... India.com
- Pakistan and Afghanistan reopen key Torkham trade border crossing after month-long closure Firstpost
- In brief The Tribune India
Top gainers and losers on March 19: HDFC Life, Shriram Finance gain over 3.5%, check full list - Upstox
- Top gainers and losers on March 19: HDFC Life, Shriram Finance gain over 3.5%, check full list Upstox
- Market rebound: Why investors are wary of its sustainability Moneycontrol
- Stock market today: BSE Sensex opens over 100 points up; Nifty50 above 22,850 The Times of India
- Nifty 50, Sensex end higher for third straight day as financials, realty lead gains; midcaps outperform Mint
- Indian Stock Market Rallies for 3rd Day: Investors'' Wealth Up Rs 13.82 Lakh Cr Rediffmail
Realme P3 Ultra 5G and P3 5G launched in India: Features, pricing, and availability - Telangana Today
- Realme P3 Ultra 5G and P3 5G launched in India: Features, pricing, and availability Telangana Today
- Realme P3 Ultra 5G with 50MP main camera, 6000 mAh battery launched in India: Price, offers and more The Times of India
- Realme P3 Ultra 5G, Realme P3 5G, Realme Air Buds7 and Realme Buds T200 Lite launched in India: Check features, prices The Hindu
- Realme undercuts Samsung and Xiaomi, launches Ultra smartphone, priced at less than half of competitors India TV News
- Realme P3, P3 Ultra phone, Buds Air7 earphones launched in India Deccan Herald
Blue Ghost lander captures stunning sunset shots on the moon before falling silent - Phys.org
- Blue Ghost lander captures stunning sunset shots on the moon before falling silent Phys.org
- Watch: Blue Ghost Spacecraft Captures Incredible Sunset On The Moon NDTV
- Sunset on the Moon: Blue Ghost sends breathtaking pictures before falling silent India Today
- NASA Science Continues After Firefly’s First Moon Mission Concludes NASA
- Private lunar lander Blue Ghost falls silent on the moon after a 2-week mission The Hindu
Is US recession on cards? What we know
Categories: Business News
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