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Fccb

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Firms launch FCCB blitz

Seventy Indian companies have raised a record $4.59 million (Rs 21,000 crore) through foreign currency convertible bonds (FCCB) so far this year. This is 86.6 per cent higher than the $2.46 billion......

Au revoir to the FCCB?

Till about a year ago, FCCB was mostly an unfamiliar abbreviation in banking and financial circles. Today, just about everybody will tell you it stands for Foreign Currency Convertible Bonds.Until......

Govt relaxes GDR, FCCB norms

The government, which had tightened the norms for overseas listing on August 31, on Wednesday provided some relief to Indian companies that filed for GDR and FCCB issues by last month.In a......

Assam Co. okays $75 mn FCCB

The CFO of Assam Company, Abhay Chowdhary informs that the company has got a tie-up with DMS Exploration to bid for NELP 6. Now, since DMS Exploration has a technology to detect the presence of......

Tata Tele plans $200 m FCCB issue

CDMA telecom service provider Tata Teleservices (Maharashtra)plans to raise around $200 million (Rs 1,200 crore) by way of foreign currency convertible bonds. The company intends to use the......

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