Articles for tag: Anticipating, Billion, Business, Finance, Financial, Growth, increase, Loan, Plans, Raise, Shriram, Year

September 8, 2024

Shriram Finance plans to raise billion for business growth, anticipating a 15-16% loan increase this financial year.

Shriram Finance plans to raise $1 billion for business growth, anticipating a 15-16% loan increase this financial year.

Y S Chakravarti, the MD and CEO of Shriram Finance, announced that the company plans to raise $1 billion (around Rs 8,300 crore) in the next six months to support its growth. This includes an initial $300 million targeted for October, with the remainder to follow as Market conditions allow. While Shriram Finance intends to ...

September 2, 2024

Market News

Business

ByteDance Seeks .5 Billion Loan Amid Evolving Global Ambitions

ByteDance Seeks $9.5 Billion Loan Amid Evolving Global Ambitions

ByteDance, the Chinese company behind TikTok, is seeking a $9.5 billion loan, marking the largest dollar loan for a corporation in Asia outside of Japan. Major banks like Citigroup, Goldman Sachs, and JPMorgan are coordinating this effort, which is set for three years with an option to extend. The loan will help refinance a previous ...