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Companies line up NCDs worth Rs 19,000 cr to raise funds

Last Updated: Sunday, December 9, 2012, 10:53

Non-convertible debentures seem to be emerging as a preferred fund-raising option for companies, especially those from NBFC space, as they have lined up plans to raise more than Rs 19,000 crore through this route.

Ranbaxy raises Rs 500 crore by issuing 5,000 NCDs

Last Updated: Friday, November 23, 2012, 20:11

Ranbaxy Laboratories on Friday said it has raised Rs 500 crore via issue of non-convertible debentures to be utilised for general corporate purposes.