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2025-01-15 01:30:42| The Economic Times

The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on Tuesday, meaning an effective rate of 5.39% for the lender, people familiar with the issue said.


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2025-01-15 01:23:43| The Economic Times

Rules currently allow listed companies to issue securities in the physical mode in case of consolidation of the face value of securities, demerger or split of the face value of securities.


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2025-01-15 01:16:29| The Economic Times

Final price guidance for the 5.5-year tranche has been set at 9.475%, while the 8.25-year tranche is at 9.850%, which is tight pricing given the current market environment, the source added. The five-year US treasury currently yields 4.6%.


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2025-01-14 17:30:40| The Economic Times

Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with several banks and could be valued at around $5 billion. Zetwerk aims to list this year and is backed by investors including Peak XV Partners and Lightspeed India Partners.


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2025-01-14 16:24:15| The Economic Times

Adani Energy Solutions secured transmission projects worth Rs 28,455 crore in the quarter ended December 31, 2024. This increased the company's under-construction project pipeline to Rs 54,700 crore. The company also reported a 3% year-on-year rise in total units sold for its distribution subsidiary AEML and significant progress in its smart metering business.


Category: News and Media

 

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