 "Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.")
Inox Wind has successfully secured a financial agreement with a consortium of banks led by ICICI Bank, covering a credit facility of Rs 2,200 crore. This agreement may increase to Rs 2,400 crore based on an assessment of working capital by ICICI Bank. The financing, primarily non-fund based through bank guarantees and letters of credit, ...
 "Madhabi Puri Buch’s absence amid conflict of interest allegations overshadows SEBI’s push for green financing and infrastructure developments.")
Madhabi Puri Buch, the chairperson of SEBI, was expected to speak at a National Bank for Financing Infrastructure and Development event but did not attend. Instead, Pramod Rao, a SEBI executive director, highlighted green financing and the debt Market. Buch’s absence coincided with ongoing conflict of interest allegations from the Congress party, with her remaining ...
 "Mankind Pharma’s Bold Move: Financing Rs 13,630 Crore Acquisition Amidst Debt")
Mankind Pharma, India’s fourth-largest pharmaceutical company, plans to raise over Rs 9,000 crore through non-convertible debentures and short-term commercial paper to fund its Rs 13,630 crore acquisition of Bharat Serums and Vaccines Ltd. The company expects an average borrowing cost of about 8.5 percent. This acquisition will significantly enhance Mankind’s position in the gynaecology-fertility Market, ...
