The telecom operator is selling commercial papers (CPs) with maturities of up to 12 months, the people said. SBI Mutual Fund is said to have agreed to subscribe to more than Rs 1,000 crore of Airtel’s debt and the country’s largest fund house will likely opt for CPs maturing in February next year at 6.53%, they said.
Mazagon Dock shares in focus as Govt plans up to 4.8% stake sale via OFS
Mazagon Dock Shipbuilders will see a government stake sale of up to 4.83% through an Offer for Sale from April 4-7. The floor price is