Foreign Currency Convertible Bond

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Debt burden of 47 companies to rise as rupee sinks

The rupee’s fall is likely to put company promoters who raised money through foreign currency convertible bonds (FCCBs) in a spot. According to Bloomberg data, there are 47 companies with......

Can Suzlon ride out the storm?

Last week, Suzlon Energy defaulted on $221 million worth of foreign currency convertible bonds (FCCBs) - the biggest ever default by an Indian company - as bondholders refused to grant four......

RBI may allow costlier FCCBs for pre-payment

Facing huge redemption pressure on funds raised via foreign currency convertible bonds (FCCBs), India Inc has requested the Reserve Bank of India (RBI) to allow companies to offer higher interest......

United Spirits bites FCCB bullet

United Spirits Ltd (USL), flagship spirits company of the UB Group, has finally decided on foreign currency convertible bonds (FCCBs) to raise as much as $225 million (Rs 1,190 crore). The plan is......

India Inc raises over $2 bn abroad in April

India Inc raised around $2.06 billion abroad in April through external commercial borrowings and foreign currency convertible bonds, compared with $5.63 billion in March, according to data......

People speak for foreign currency convertible bond

QNA

Q. WHAT IS THE RATE OF INTEREST FOR FCCBs
: A. 9A Foreign Currency Convertible Bond (FCCB) is a type of convertible bond issued in a currency different than the issuers domestic currency. In...... more

http://qna.rediff.com/questions-and-answers/what-is-the-rate-of-interest-for-fccbs//answers/16058411

Q. Why our govt show the huge US $200 billion foreign currency depot as a huge achievement of Indian economy??Even US,France,Germany have a mere US $50billions in their stocks.Can anybody tell me how this money gonna help our economy??\Here common sense says that--1.It shows our poor purchasing power.Means we Indians arent able to buy american goods so that the dollar can flow out.2.It ll increase d rate of dollar against our Rupee which will be bad for our exporters n will take away the foreign investment to other countries from here because of high rate of our currency.\Comments
Gulshan Kumar: A. I think the figures given by you are wrong. From what I could source out from the net by a quick scan of some sites including Wikipedia, the...... more

http://qna.rediff.com/questions-and-answers/why-our-govt-show-the-huge-us-200-billion-foreign-currency-d/16058401/answers/9598518

Q. Any Good news in Opto Circuits ?
Prashant Sharma: A. Opto Circuits is buzzing in trade today and was up almost 23% at one point during trade. The company's management clarified that there has not been...... more

http://qna.rediff.com/questions-and-answers/any-good-news-in-opto-circuits-/9548622/answers/13830710

Web results for Foreign Currency Convertible Bond

Diaspora's yield hunt gone wrong

Now the 17 percent fall in the rupee since February 2012 is threatening to unravel the trade. Not only will banks be hard-pressed to find an... ...

http://expressindia.indianexpress.com/latest-news/India-in-depth-Diasporas-yield-hunt-gone-wrong/1130482/

Markets remain lacklustre, financials weigh

Benchmark Indices are trading in a tight range with negative bias weighed down by financial shares. By 1130, Sensex plunged by 23 points at... ...

http://www.smartinvestor.in/market/Marketnews-181974-Marketnewsdet-Markets_remain_lacklustre_financials_weigh.htm

Don't depend on the diaspora

India's banking system, struggling with a sluggish economy and large loan losses, may lose the only friend it has had the past couple of years: the... ...

http://www.smartinvestor.in/market/Features-181842-Featuresdet-Dont_depend_on_the_diaspora.htm

Don't depend on the diaspora

NRIs will abandon rupee-denominated accounts, causing a deposit crunch and worsening the current account deficit email this article Subject line:... ...

http://www.business-standard.com/article/opinion/don-t-depend-on-the-diaspora-113061701081_1.html

Tribunal reserves order

The has reserved an order pertaining to a case filed by software firm against a SEBI order to furnish a bank guarantee of $33 million (about Rs 190... ...

http://www.thehindubusinessline.com/markets/zenith-infotech-fund-diversion-case-tribunal-reserves-order/article4823854.ece

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Rediff News

Foreign Currency Convertible Bond

News for Foreign Currency Convertible Bond

Debt burden of 47 companies to rise as rupee sinks

Can Suzlon ride out the storm?

RBI may allow costlier FCCBs for pre-payment

United Spirits bites FCCB bullet

India Inc raises over $2 bn abroad in April

People speak for foreign currency convertible bond

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