Wednesday, 18 June 2014
Shriram Transport Fin to borrow up
to Rs 3,000 cr via NCDs
Shriram Transport
Finance Ltd plans to borrow up to Rs 3,000 crore through non-convertible
debentures to support its financing activities. The company has filed a draft
offer document for the public issue of 3 crore secured redeemable NCDs of face
value of Rs 1,000 each.
Tata Steel to seek shareholders'
nod for raising Rs 14k cr
Tata Steel
will seek shareholders nod to raise up to Rs 14,000 crore through privately
placed debt securities in domestic as well as global markets.
Reliance to invest Rs 1.8 lakh cr
in 3 years
Reliance
Industries will invest Rs 1.8 lakh crore across businesses in the next three
years and launch the much-awaited 4G broadband services in 2015 as it looks to
break-into top 50 companies of the world.
Voltas hits 3.5-year high
Shares of
Voltas touched three-year-and-five-month high as Bank of America Merrill Lynch upgraded
the stock to buy from underperform as it thinks the company is well placed to
benefit from a cyclical recovery in the consumer durables and the construction
sectors.
