Fundraising

NLC India raises ₹500 crore through issuance of commercial papers

State-owned NLC India Ltd on Wednesday said that it has raised Rs 500 crore through the issuance of commercial papers. Commercial papers are short-term, unsecured debt obligations issued by institutions and corporations as an alternative to costlier methods of funding. The issuance comes as NLC India plans to invest Rs 1.25 lakh crore by 2030 to expand its capacity. In a filing to BSE, the company said that 10,000 commercial papers of a "face value of Rs 500,000 each, aggregating to Rs 500 crore have been issued and allotted" on September 22. NLC India Limited (NLCIL), a Navratna public-sector enterprise under the coal ministry, has an installed power-generation capacity of 8,405 MW and mining capacity of 59.1 million tonnes per annum (MTPA). To support India's growing electricity needs sustainably, the company is expanding its mining operations through responsible practices while modernising its power-generation portfolio. NLCIL plans to raise its total mining capacity to 104.35

RBL Bank to raise up to $1 bn from overseas investors through bond issuance

Private lender RBL Bank on Monday said its board approved the mobilisation of up to USD 1 billion from overseas investors through bond issuance. The board approved the establishment of a Euro Medium Term Note Programme (EMTN Programme) in accordance with Regulation S of the US Securities Act, 1933, subject to regulatory, statutory and other approvals, RBL Bank said in a stock exchange filing. The board cleared a proposal to enable issuance of foreign currency bonds/notes/any other debt securities up to USD 1 billion in the future, from time to time, through one or more transactions, subject to the market conditions and regulatory compliances, for raising funds through permissible modes under the EMTN Programme, the bank said. The private lender informed the stock exchanges that the board also gave the go-ahead to delegate certain powers and authorities to the bank's Borrowing Committee to decide and undertake all necessary actions in connection with the EMTN Programme and the issuan

IIFCL initiates $1.8 bn external commercial borrowing fundraising programme

State-owned India Infrastructure Finance Company Ltd (IIFCL) has kick-started its USD 1.8 billion External Commercial Borrowing (ECB) fund-raising programme by mobilising USD 200 million through international markets. The mobilisation marks the first milestone in IIFCL's broader international fund-raising programme, following government approval to raise about USD 1.8 billion through ECBs, the company said in a statement on Sunday. The company is pursuing opportunities across international financial markets with a focus on competitive pricing, prudent risk management and mobilisation of long-term resources to support India's infrastructure financing requirements. As part of the programme, IIFCL is envisaging raising about USD 1 billion through long-term ECBs, with tenors of up to 15 years, under the MIGA Guarantee Facility, in multiple tranches, it said. The Multilateral Investment Guarantee Agency (MIGA), a world Bank Group arm, provides guarantees against non-commercial risks to

US securities regulator proposes crypto fundraising rules: What changes now

The proposed rule seeks to create routes for eligible crypto issuers to raise capital and clarify when an investment contract linked to a non-security crypto asset ceases to exist

ICICI Bank raises fresh $750 million as overseas borrowing accelerates

The latest issue takes the lender's dollar debt fundraising to $2.05 billion in about a month as Indian banks accelerate overseas borrowing ahead of the RBI swap window's early closure

Govt push, LIC mega deal take OFS fundraising to new high in 2026

OFS fundraising has hit a record high in 2026, led by LIC's mega stake sale, but more than half of issuers have delivered negative returns over the past year

Shapoorji Pallonji Group closes one of India's biggest private credit deals

Shapoorji Pallonji Group raised about ₹15,100 crore in one of India's largest private credit deals to refinance debt, backed by domestic and global investors

Open Vision Engineering raises $11 million from Accel, Y Combinator

The AI hardware company will use the funding to expand its design and engineering teams, develop new device formats and strengthen the Pocket product platform

Akasa Air eyes ₹1,050 crore fundraise as Iran war drives up costs

Akasa Air is seeking to raise about ₹1,050 crore through equity and debt to cushion the impact of the Iran conflict, which has disrupted flights and driven up jet fuel costs

Corporate bond issuances rise 28% in June on lower borrowing costs

Fundraising through corporate bonds jumped 28 per cent year-on-year in June as lower yields on government securities, easing borrowing costs and improving market sentiment prompted companies to return to the debt market after a subdued two months. According to Prime Database data, Indian companies raised Rs 1.33 lakh crore through corporate bond issuances in June, compared to Rs 1.04 lakh crore in the year-ago period and Rs 93,675 crore in May. "The sharp increase in corporate bond issuances during June was primarily driven by a favourable shift in market conditions after a relatively muted April and May. The most important catalyst was the significant decline in benchmark government securities (G-Sec) yields, which reduced borrowing costs across the corporate bond market," said Venkatakrishnan Srinivasan, managing partner at Rockfort LLP. Mataprasad Pandey, vice president at Choice Wealth, said the surge in issuances was driven by factors such as the US-Iran peace deal, which pulle

Yotta raises $150 mn at ₹37,000 crore valuation to fund AI expansion

Yotta has raised $150 million at a ₹37,000 crore valuation to expand its AI infrastructure, scale GPU capacity and support its pre-IPO growth plans

PE/VC investment value declines 24% in May, says EY-IVCA report

Private equity and venture capital investments fell to $2.1 billion across 76 deals in May as geopolitical tensions and valuation mismatches dampened deal activity, EY-IVCA said

Yes Bank gets board nod to raise ₹16,000 crore through equity and debt

Yes Bank said the fundraising would not result in more than 10% dilution of existing shareholders' stake

AIFs expect rebound in investor flows as West Asia uncertainty eases

AIF managers are seeing investor allocations revive as geopolitical risks ease, while GIFT City continues to attract strong fund inflows and global investment interest

Square Yards raises $95 million, plans $50 million more before IPO

Proptech firm secures $95 million through debt and equity and is targeting another $50-60 million as it strengthens its balance sheet ahead of a public listing

SBI board approves raising up to ₹60,000 crore via bonds in FY27

The country's largest lender plans to raise funds through long-term bonds, Basel III-compliant AT1 bonds and Tier 2 bonds during FY27

SBI approves proposal to raise ₹60,000 cr in FY27 via debt instruments

State Bank of India (SBI) on Thursday said its board has approved a proposal to raise up to Rs 60,000 crore in the current fiscal through the issue of debt instruments. The funds would be raised either in rupee and /or any other convertible currency by issue of debt instruments like long-term bonds, Basel III-compliant Additional Tier 1 Bonds and Basel III compliant Tier 2 Bonds. The funds would be raised through public offer or private placement mode to Indian and /or overseas investors during FY27, SBI said in a regulatory filing. Shares of SBI were trading at Rs 1,040.25, up 1.39 per cent over previous close on BSE.

Ather Energy in talks for post-IPO ₹2,500 crore fundraise: Report

The electric two-wheeler maker is expected to begin the fundraising process as early as July and could raise the funds through multiple instruments

Zee Entertainment plans ₹2,300 crore fundraise to back expansion plans

The company, which did not disclose a medium for the raise, said the board will deliberate further on options for raising funds

Google helps secure $35 billion funding for Anthropic data centres

Anthropic, the creator of Claude, is leasing powerful computer chips at five data centers with help from the long-established tech