Jun 9, 2022By: Bhakti Makwana
To undertake digital transformation for Petrobras, the largest publicly traded company in Brazil and one of the largest oil and natural gas companies in the world.
Plans to exit the reconstruction scheme formed by RBI and the government to save the ailing lender two years back as it seems to be back on its feet.
The company plans to pledge 5.77 percent stake in Hindustan Zinc for a term loan of ₹8,000 crore.
Subsidiary Tata Power Solar has commissioned a 450 megawatt solar plant for Brookfield Renewable India in Rajasthan.
The debt-ridden Future Group firm has defaulted on payment of interest of ₹1.41 crore for its non-convertible debentures, which was due on June 6.
The bank increased its repo-based lending rate to 7.75 percent after the RBI hike repo rate by 50 bps to 4.9 percent.
The bank raised its repo-linked lending rate to 7.4 percent after RBI's decision to hike repo rate.
The company’s board will meet next week to consider raising up to ₹925 crore through debt securities.
The railway firm has entered into an agreement with Kyrgyzindustry for the execution of infrastructure projects in Kyrgyz Republic.