The software giant, and one of the premier AI hyperscalers, drew more than four times demand for its 10-part debt sale Thursday
Utssav CZ Gold Jewels Ltd has approved a 1:1 bonus share issue that would double its paid-up equity share capital to Rs 49.996 crore, subject to shareholders' approval and other regulatory clearances. The company's board approved the proposal on October 23 to issue one fully paid-up equity share of Rs 10 each for every existing share held by eligible shareholders, the jewellery manufacturer said in a statement. The proposed issue will comprise 2.5 crore bonus shares, increasing the total number of equity shares to 5 crore from 2.5 crore. The company's paid-up equity share capital will rise from Rs 24.998 crore to Rs 49.996 crore following the issue. The bonus shares will be issued from the company's securities premium, free reserves and retained earnings available as of March 31, 2026. The shares are expected to be credited within 60 days of the board's approval, subject to the requisite shareholder and regulatory clearances. The company has yet to announce the record date, which w
Sun Pharma has accepted bids worth ₹7,816 crore for two bond tranches maturing in five years and one day, offering annual coupons of 8.05% and 8.20%, merchant bankers said.
Nippon Life India AMC received in-principle regulatory approval to settle the Yes Bank AT-1 bond case after paying ₹96.76 crore, while its September-quarter net profit fell nearly 6%.
The bank said it is reviewing the Supreme Court order that upheld the Bombay High Court's decision to quash the write-off of AT-1 bonds during its reconstruction phase
Kotak Mahindra Asset Management and Nippon Life India Asset Management have paused fresh investments as they review how SC's decision to overturn the 2020 AT1 bond write-off could affect valuations
The Supreme Court upheld the Bombay High Court's decision to quash Yes Bank's ₹8,415-crore AT1 bond write-off, ruling that the administrator lacked the legal authority.
Debt fund managers and wealth advisers favour accruals and shorter-duration bonds, awaiting clarity on inflation and peak policy rates before adding duration exposure
Economic Affairs Secretary Anuradha Thakur said heavy government borrowing and rising AI investment are increasing global demand for capital and pushing up its cost
Choose a fund you can hold to maturity, and assess its return after factoring in costs
RIL's latest ₹13,000 crore issue takes its rupee bond fundraising in September to ₹25,000 crore as borrowing costs face upward pressure amid rate hike expectations
The maritime lender received bids worth ₹525 crore at coupons ranging from 7.69 per cent to 8.44 per cent, against its plan to price the 10-year bonds below 8 per cent
Investors sought higher yields for SIDBI's three-year bonds as government bond yields hardened amid rising crude oil prices and higher US Treasury yields
The rupee settled at 95.96 per dollar, while the benchmark 10-year government bond yield rose 6 basis points to 7.11 per cent, its highest level since May 21
SP Group entity Eqyizen Investment had raised 213.50 billion rupees through three-year zero-coupon bonds at a yield of 18.95% in July.
However, industry experts do not view the moderation as a structural reversal in demand.
Three companies have issued tokenised bonds worth Rs 1,025 crore so far; the pilot will test issuance, holding, trading and settlement using distributed ledger technology
The Basel III-compliant perpetual bonds will have a call option after five years, while the coupon rate is expected to be in the range of 7.85-7.90 per cent
The tech giant is looking to sell 3-year, 6-year, 12-year and 19-year bonds, according to the memo from one of the banks arranging the sale
The Mumbai-based firm is raising ₹200 crore ($21 million) through bonds with a maturity of about one year and a 10.5% coupon, payable quarterly