Articles for tag: Bankled, Consortium, Crore, Financial, Financing, ICICI, Independence, INOX, Marking, Milestone, Pivotal, Secures, Wind

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Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.

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, ...

Market News

India’s oil minister vows to purchase low-cost Russian oil, navigating sanctions while aiming to boost energy independence and gas usage.

India’s oil minister vows to purchase low-cost Russian oil, navigating sanctions while aiming to boost energy independence and gas usage.

India is poised to continue purchasing oil from Russian suppliers due to favorable prices, as confirmed by Oil Minister Hardeep Singh Puri. With Western sanctions on Russia limiting oil prices, India is determined to buy from the cheapest sources, highlighting that they are not alone in this approach, as countries like Japan and various European ...

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