Tag Archives: DBT

BENGALURU, July 24 (Reuters) – India’s Vedanta (VDAN.NS) is confident of meeting its debt maturities of $2.7 bln this fiscal year, its CFO said on Monday. The company is committed to reducing debt as its “high-quality” assets continue to generate a healthy cash flow, Sonal Shrivastava said in a statement. …

BENGALURU, July 24 (Reuters) – India’s Byju’s and its lenders, who own more than 85% of the edtech startup’s $1.2 billion term loan, have agreed to work towards amending that loan by Aug. 3, the steering committee of the creditors group said on Monday. The successful execution of the loan …

MUMBAI, July 24 (Reuters) – The recent rise in inflation has prompted Indian investors to push back rate cut expectations by at least a quarter to the middle of 2024, with a sustained rise in prices likely to prompt a further repricing, traders and analysts said on Monday. Surging food …

NEW DELHI, July 21 (Reuters) – Indian renewable energy company ACME Group said on Friday it raised 40 billion rupees ($487.98 million) in fresh funding from infrastructure finance firm REC (RECM.NS), to start its green hydrogen and ammonia project in Oman. The money will be used for the first phase …

MUMBAI, July 21 (Reuters) – India’s foreign exchange reserves (INFXR=ECI) rose for a third straight week to a total of $609.02 billion as of July 14, the highest in nearly 15 months, data from the central bank showed on Friday. They rose by $12.74 billion from the week earlier – …

NEW DELHI, July 21 (Reuters) – India’s aviation regulator on Friday gave its nod to Go Airlines (India) to resume operations if it can meet certain conditions, including getting interim funding and approval of its flight schedule, an order viewed by Reuters showed . The cash-strapped airline stopped flying operations …