HPCL plans to raise $250 mn in forex debt soon

Last Updated: Friday, September 11, 2015, 18:59

After raising USD 300 million recently, Hindustan Petroleum Corporation (HPCL) is set to raise USD 250 million (about Rs 1,663 crores) through external commercial borrowing (ECB) to fuel its capex plan, a senior company official has said.

Air India to raise foreign loan worth $300 mn through ECB

Last Updated: Wednesday, July 22, 2015, 21:51

Air India will raise USD 300 million (about Rs 1,900 crore) by way of ECB and the government will provide guarantee for the loan, a senior Civil Aviation Ministry official said Wednesday.

Air India may soon get $300 million loan through ECB

Last Updated: Wednesday, July 22, 2015, 14:40

This ECB would be guaranteed by the Government of India and interest rate is fixed or floating linked to Libor.

RBI relaxes norms for raising ECB in rupee

Last Updated: Thursday, May 21, 2015, 21:19

The Reserve Bank Thursday relaxed norms to help Indian corporates to raise funds in rupees from overseas lenders.

Air India may tie up with SBI, Citibank to raise funds through ECB

Last Updated: Sunday, May 10, 2015, 19:37

National carrier Air India is likely to tie up with Citibank and public sector lender State Bank of India to raise USD 300 million from overseas market via External Commercial Borrowing (ECB) route, sources said.

Gujarat Pipavav to fund expansion via internal accruals

Last Updated: Friday, May 8, 2015, 17:24

The company had accordingly informed IFC and has now received its confirmation for cancellation of loan.

Cos likely to raise $6 billion through 'Masala' bonds in FY16

Last Updated: Sunday, May 3, 2015, 12:01

Leading corporate houses are likely to issue rupee-denominated offshore bonds aka 'Masala Bonds' worth USD 6 billion this year and double it to USD 12 billion next fiscal, says a report.

Air India extends date to accept the bid through ECB till May 7

Last Updated: Wednesday, April 29, 2015, 23:02

Air India has extended by one week the date to accept the bid by foreign banks and financial institutions offering loan to the national carrier which aims to raise USD 300 million through external commercial borrowing (overseas loans) to meet its working capital requirements.

HDFC to raise up to $500 million from ECB

Last Updated: Friday, April 10, 2015, 22:36

Housing Finance company HDFC Ltd Friday said it has got RBI clearance to raise up to USD 500 million (about Rs 3,100 crore) as External Commercial Borrowing (ECB) to fund its business growth.

Cos allowed to convert overseas borrowing into equity via ECB

Last Updated: Thursday, January 16, 2014, 21:01

Reserve Bank Thursday said companies can convert their overseas borrowings through the ECB route into equity shares at the foreign exchange rate applicable on the date of swap agreement.

HDFC plans to raise $300 mn

Last Updated: Friday, January 10, 2014, 17:00

Housing Finance firm HDFC Ltd today said it plans to raise USD 300 million through external commercial borrowing (ECB) to fund its expansion.

Heavy Ind Min concerned over higher ECB cap for power projects

Last Updated: Sunday, December 8, 2013, 18:35

The Heavy Industries Ministry has raised concerns over enhanced external commercial borrowing limit for funding domestic power projects, citing that the move adversely impacts local gear makers including BHEL.