ABU DHABI INVESTMENT COUNCIL
Altico crisis: HDFC Bank's Aditya Puri defends en-cashing FD
Altico, which owes over Rs 4,500 crore to the system, had defaulted on an interest payment of around Rs 20 crore earlier this month to an ECB raised through the UAE lender Masherq Bank.
Investcorp closes Rs 323-crore funding round in NephroPlus
The latest transaction will see Sea-Link Capital Partners, the investment firm fou...
UPL acquires Chinese agrochem firm for Rs 95 crore
In July 2018, the city-based company had announced its largest acquisition of the US-based...
Altico cap has bond repayment of Rs 95 crore due in two weeks
Another series of bonds worth Rs 30 crore is scheduled to mature late December.
Altico Capital: Sachin Bansal, Reliance Mutual Fund face defaults on outstanding debt
Altico has bonds worth a total Rs 1,808 crore that will mature between now and May 2022, India Ratings data showed.
Real estate exposure bleeds Altico Capital
The company’s main focus is on lending to builders and other real estate companies.
IOC-BPRL wins oil block in Abu Dhabi
IOC-BPRL won the block in Abu Dhabi's first-ever competitive bid round.
Modi thanks UAE for support on Kashmir; seeks investments for Kashmir in UAE & Bahrain
During his talks with Abu Dhabi Crown Prince on Saturday Modi thanked UAE for its position on the Kashmir issue following abrogation of Article 370.
Goldman Sachs invests Rs 500 crore in Ozone Techno Park
With lending by banks to realty slowing down since 2011-12, the role of NBFCs and housing finance companies had gained prominence.
SoftBank's second Vision Fund is starting life with a mere $2 billion
So far, it is unclear whether there are any outside investors in the second fund. The original Vision Fund was announced in October 2016, but took another seven months for its first major closing with $93 billion in commitments.
Tata Steel to raise $1.75 billion via European unit
The spread may be in the range of 200-250 basis points. A basis point is 0.01 percentage point.
India, UAE discuss areas of cooperation to strengthen economic ties
To increase the confidence of the business communities of the two countries, both sides stressed the importance of the bilateral judicial cooperation.
Andhra's power pacts a matter of concern: ReNew Power Chief
Sumant Sinha told he has doubts about the situation in Andhra Pradesh, where it is building 700 MW of projects, after chief minister Jaganmohan Reddy tried to review wind and solar energy contracts.
Altico bond yields surge to 71% amid concerns
The bonds, bearing a coupon of 12%, yielded 71.34% in a BSE trade worth Rs 375 crore.
Altico Capital exits Phoenix Group's IT-SEZ project in Hyderabad
Developer prepays Rs 250 crore loan it had raised from Altico
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