Tata Iron and Steel Company on Friday said it has signed a loan agreement with International Finance Corporation for availing a $300 million loan to fund its future projects.
Sunday Times reports Tata Group has agreed in principle to invest pound 100 million alongside refinancing.
Kuntal Patel, employed at the Barclays Bank in CanaryWharf, was arrested following anti-terror raids at three addresses in London.
This is a part of the company's plan to raise $13 billion debt to fund expansion of its petrochemical production capacity and gasification project for its refining facilities to improve margins.
To boost fund raising from markets, Sebi on Thursday proposed e-IPO norms where investors can bid for shares through Internet and eventually on mobiles, while already listed PSUs will be provided a 'fast-track' route for share sales to meet the disinvestment targets.
Are we adopting an idea whose time has come and gone? My feeling is, yes, says ex-banker C Joseph Chacko in the fourth article of the series on inflation targeting.
Essar Communications mandates four international banks to arrange a fully-underwritten $3.59 billion term loan
All these were done on the basis of forged papers.
Industrial Development Bank of India and Life Insurance Corporation of India have forged an alliance to fund about Rs 35,000 crore (Rs 350 billion) worth of long gestation projects, including infrastructure.
Modi accused the TMC of killing the aspirations of the middle-class people in the state and said the ruling party in West Bengal is known for 'triple T -- Trinamool Tolabaji Tax'.
Mukesh Ambani-controlled Reliance Petroleum Ltd will raise $1.5 billion (nearly Rs 6.9 billion) through Syndicated Term Loan Facility to finance its new 580,000 bpd refinery and a 0.9 MT polypropylene unit.\n\n
Prime Minister Narendra Modi on Sunday said that Mamamta is busy fighting with the poll panel instead of taking on political parties.
In first half of year, firms raise more than banks on low US treasury rates.
'The government wants farmers to diversify from rice and wheat, and create another green revolution. Cannabis can play a big part in that'
Operator syndicate could be behind stock hammering, suspects regulator.
The Punjab police has arrested a Border Security Force jawan for allegedly helping in cross border smuggling of weapons and narcotics.
GIFT is a financial centre almost entirely devoid of bankers and, indeed, of people.
The primary market showed some signs of life in a busy day.
SBI's number of foreign offices increased from 186 in March 2013 to 190 in March 2014, in 36 countries.
A promising young actor suffering from depression has had his life laid bare for the grubby public to paw through. An ordinary family has been pitched into the middle of a nightmare of an investigation and arrested for no reason discernible at present. And a young actress has had her reputation, and probably career, destroyed so that TRP ratings can soar, notes Sherna Gandhy.
He also accused her of nepotism by choosing to play the limited role of "bua" (aunt) to her "bhatija" (nephew) instead of becoming "Didi" (elder sister) to the people.
Do not share your passwords or personal information with anyone.
South Africa fast bowler Lonwabo Tsotsobe is reportedly under investigation in a match-fixing case that has already seen one of the country's former international players banned for 20 years. Tsotsobe told the Wisden India website on Thursday that he had handed over his bank account and cellphone records after being asked for them by national federation Cricket South Africa. Former South Africa limited-overs batsman Gulam Bodi wa banned last month after admitting he conspired to recruit players to fix matches, or parts of matches, in South Africa's domestic Twenty20 league last year.
Widespread suspected match-fixing exists at the top level of world tennis, including at Wimbledon, according to secret files obtained by the BBC and online BuzzFeed News.
With 600-700 new NPA cases getting admitted into NCLT every month, the demand for resolution professionals is on the rise with their number more than doubling in less than a year.
'People don't want to watch a screaming channel if given a decent alternative.'
Unlike last year, investors turn cautious on e-commerce sector.
A high-level three-member committee is formed to grow awareness about fraudulent job offers.
'We aren't so unreasonable as to demand that he should have fully reversed Indira Gandhi's worst economic legacy, bank nationalisation.' 'But he could have made a beginning by selling off the two most stressed small public sector banks, and then announced that each year for the next 10, one government bank with the most messed-up balance sheet will be sold.' 'It would have electrified the markets, shocked his other banks into better behaviour, and marked his name among the great reformers,' argues Shekhar Gupta.
This is the story of two youngsters from Bengaluru, who converted adversity to their advantage.
Villagers attribute Adarsh Nangla's 'fall' to a combination of government apathy and decline of the collective spirit
Relying on the private sector to undertake infrastructure investment may not be a realistic proposition.
Sahara says it got suspicious on February 1 about the purported letter showing Mirach having blocked sufficient funds with Bank of America.
The 'angel tax' and notices to start-ups and angel investors from the income tax department was certainly a dampener. However, a bigger factor is the lack of exits.
Reserve Bank Governor Raghuram Rajan on Monday warned against compromising India's interest for the sake of attracting foreign investment and said the priority should be framing transparent policies as well as resolving contractual tax disputes quickly.
IT exporters were the top gainers amid a weak rupee along with select index heavyweights.
Vaihayasi Pande Daniel reports on the Sheena Bora Trial.
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