The funds will be used to redeem bonds issued three years ago that have onerous clauses that could take the coupon rate on them to unusually high levels if the debtholders are not paid off by June, they said.
The benchmark finished in the red in three of the five sessions between December 8 and 12. Despite broader market weakness and some volatility, eight
E-commerce enabler Shiprocket is gearing up for an IPO, aiming to raise up to Rs 2,342 crore. The company, backed by investors like Temasek, plans
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