Rural Electrification Corp
On Thursday, the total investment limits offered at an auction organised in Mumbai were Rs 3,117 crore (around $520 million) and FPIs (Foreign Portfolio Investors) were ready to pay premium as high as 8 bps. The Securities and Exchange Board of India (SEBI) auctions the investment limits in government bonds once foreign investors have exhausted [...] Continue Reading »
Fund collected by Indian companies through retail issues of non-convertible debentures has increased over two times during current financial year. A collective amount of Rs 16,982 crore was gathered by 15 firms through their NCDs in the entire 2012-13 fiscal. NCDs are loan-linked bonds which are issued by a company that cannot be changed in [...] Continue Reading »
