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Foreign Currency Convertible Bonds

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  News for Foreign Currency Convertible Bonds

  • Business

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......

FCCB crisis brewing, says Reserve Bank

The Reserve Bank of India (RBI) has said it expects several companies which have raised money through foreign currency convertible bonds (FCCBs) to face severe funding problems in the next two......

  People speak for foreign currency convertible bonds

  • 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

gulshan kumar
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

prashant sharma
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 Bonds
Amarchand, Desai & D, Luthra, Links on $58m Fortis IPP

Amarchand Mangaldas, Desai & Diwanji, Luthra & Luthra and Linklaters are advising Fortis Healthcare on its institutional placement programme (IPP)... ...

http://www.legallyindia.com/201305163681/Capital-Markets/amarchand-desai-luthra-links-fortis-ipp
ReneSola Announces First Quarter 2013 Results

PR Newswire (US) Stock : Renesola Ltd. Common Shares of Beneficial Interest (SOL) Quote : 2.21 0.09 (4.25%) @ 4:34AM Sola (NYSE:SOL) Intraday Stock... ...

http://in.advfn.com/p.php?pid=nmona&article=57601283
Great Western Minerals Group Reports First Quarter 2013 Results and 2013 Outlook

Great Western Minerals Group Ltd. (GWG) Quote : 0.16 0.01 (6.67%) @ 1:29AM Great Western Minerals Group Ltd. (TSXV:GWG) Intraday Stock Chart Today... ...

http://in.advfn.com/p.php?pid=nmona&article=57595309
Rupee edges up as share gains offset broad dollar rally

MUMBAI Traders said there was good two-way interest in local currency markets, with importers? demands for dollars offsetting foreign banks? sales... ...

http://www.firstpost.com/fwire/rupee-edges-up-as-share-gains-offset-broad-dollar-rally-786593.html
VimpelCom Reports Profitable Growth in 1Q13

Vimpelcom Ltd (VIP) Quote : 11.31 0.06 (0.53%) @ 5:30AM Vimpel (NYSE:VIP) Intraday Stock Chart Today : Wednesday 15 May 2013 KEY RESULTS AND... ...

http://in.advfn.com/p.php?pid=nmona&article=57572253

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