SBI raises Rs 3,717 crore via bond issuance

[ad_1] SBI raises Rs 3,717 crore via bond issuance Delhi: The State Bank of India (SBI), the country’s largest lender, has raised Rs 3,717 crore through its third Basel III compliant Additional Tier 1 bond issuance in the current financial year on Wednesday, at a coupon rate of 8.25 perContinue Reading

Adani Group prepays debt worth Rs 7,374 crore

[ad_1] Chairman of Adani Group, Gautam Adani Chennai: The Adani Group on Tuesday said debts, backed by the shares of listed companies, have been prepaid to the tune of Rs 7,374 crore (approx $902 million). The embattled group said the debts were paid ahead of the latest maturity in AprilContinue Reading

Reliance to set up 10 GW solar plant, invest Rs 40K crore for 5G rollout in AP: Ambani

[ad_1] Visakhapatnam: Billionaire Mukesh Ambani on Friday announced plans for setting up a 10-gigawatt solar plant in Andhra Pradesh as his oil-to-telecom conglomerate bets big on renewable sources which can be converted into carbon-free green hydrogen. Speaking at the Andhra Pradesh Global Investors Summit, Ambani, Chairman and Managing Director ofContinue Reading