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News
Foreign currency convertible bonds
Foreign currency convertible bonds News
Supreme Court
22 Nov 2016
SC dismisses special leave petition against RCOM on taxing of proceeds of FCCBs
A Supreme Court bench of Justice Kurian Joseph and Justice Rohinton Fali Nariman passed the order dismissing the I-T department`s SLP, in relation to taxing of the FCCB proceeds, interest and derivatives income or loss thereon.
Suzlon Group
14 Apr 2016
Suzlon redeems USD 28.8 million FCCBs via internal accruals
Wind energy solutions provider Suzlon Group today said it fully redeemed USD 28.8 million (about Rs 192 crore) foreign currency convertible bonds (FCCBs) through cash payout from internal accruals.
India Inc's foreign borrowing
27 Jan 2016
India Inc's Dec foreign borrowing jumps over 4-fold at $3.03 billion
Of the total borrowings during the month, USD 1.13 billion was raised through approval route, while USD 1.90 billion came through automatic route.
Videocon
17 Nov 2015
Videocon to raise Rs 641 crore through FCCBs
Credit Suisse is the sole bookrunner for the offering.
Assocham
19 May 2015
Ease end-use curbs for issuance of ECBs, FCCBs: Assocham
To facilitate long-term fund raising by infrastructure companies, industry body Assocham has demanded easing of end-use restrictions for issuance of commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs).
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