This includes raising $2.1 billion through the issue of convertible bonds, $1.1 billion by issue of equity by its subsidiary Sterlite and $1.0 billion [...]
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Last month, India’s Vedanta Resources completed the largest convertible bond issue in the region this year in a bid to refinance its debt. [...] An Indian company means, in the context of Press Note 2, a company incorporated in India. As per the new policy, foreign investments of all types—FDI, [...] Despite uncertain market conditions, some holders of foreign currency convertible bonds (FCCBs) have exercised their option to convert bond holdings [...] Men daubed in colours celebrate the re-enactment of a local tradition of “Lathmar Holi”, also known as the festival of colours, celebrated at Nandgaon village near the northern Indian city of [...] |
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