JSW Steel plans to raise Rs 1,000 crore through NCDs
The proceeds will be used to meet long-term working capital requirements, refinancing of existing debt, general corporate purposes and ongoing capital expenditure, it said. The tenor of the issue will be 10 years from the deemed date of allotment.
Infy mirrors India plan: Eyes more campus recruits in US
Infy has already surpassed its commitment made in 2017 to hire 10,000 American worke...
Boria Majumdar, Nalin Mehta narrate tales of India’s Olympic stars in new book
In their upcoming book, Dreams of a Billion: India and the Olympic Games, Boria Majumdar and Nalin Mehta narrate the tales of India’s Olympic stars. Here are the edited excerpts from the book.
upGrad, BridgeLabz roll out development programme for engineering talent
This partnership with BridgeLabz is aimed at reaching out to a larger number of engineers across the country, helping them harness their full potential with robust, dynamic skill sets.
Yes Bank seeks shareholder nod to raise Rs 10,000 crore
Rejects $1.2-b offer from Erwin Braich; to also consider Citax’s $500-m proposal
North East & Kashmir placements trip on unrest, clampdown
Leading schools such as the Indian Institute of Management (IIM) Shillong and the Indian Institute of Technology (IIT) Guwahati are feeling the impact of unrest due to the Citizenship Amendment Act (CAA).
Bharti Airtel gets shareholders nod to raise up to $3 billion
Last month, Bharti Airtel had said it would seek shareholders' approval at an EGM on January 3 for raising up to USD 2 billion through qualified institutional placement, public issue, preferential shares or private placement.
Bank of Baroda raises Rs 920 crore by issuing Basel III compliant bonds
The issue saw a total of 11 allottees through private placement of bonds.
No slowdown in jobs for IITians
First round of placements at the IITs show firms are eager to pick up talent and ready to pay to get the best.
SPJIMR completes placements with Rs 26.36 lakh average annual salary, 15.1% jump over last year
Apart from traditional recruiters, several new companies from diverse sectors were on campus this year. Despite challenging market conditions, a total of 44 new recruiters were on campus including Alvarez & Marsal, The Bridgespan Group, Praxis Global Alliance, Bank of America, Landmark Group, Intuit, Cisco, Sabre Partners, Spark Capital, Udaan, BYJU'S, Ola cabs, Swiggy and Dabur.
RBL Bank raises Rs 676 cr via preferential allotment of shares
The preferential allotment increases the bank's total capital adequacy ratio to 16.31 per cent.
Manappuram Finance raises Rs 350 crore by issuing bonds
The proposal for issuance of bonds on private placement basis was approved at a board meeting held on December 31.
IPOs worth Rs 50,000 crore to light up Street next year
Interestingly, the returns of the companies that debuted on bourses in 2019 are promising.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service