icici bank and tata steel: ICICI Bank provides Rs 2,675-crore debt facility to Tata Steel for three years

icici bank and tata steel: ICICI Bank provides Rs 2,675-crore debt facility to Tata Steel for three years

Mumbai: ICICI Bank has provided a ₹2,675 crore debt facility to Tata Steel for a term of three years to repay its existing debt, said people aware of the development. Tata Steel has raised ₹2,700 crore through unsecured fixed-rate bonds at 7.79%, show documents filed with National Securities Depository Ltd. Tata Steel will make a … Read more

Alfa Laval raises delisting price to Rs 2,850 a share

Alfa Laval raises delisting price to Rs 2,850 a share

MUMBAI: Alfa Laval (India), a subsidiary of Sweden-based Alfa Laval Corporate AB, today said its parent firm has raised the delisting offer price to Rs 2,850 a share. In a filing with the BSE, Alfa Laval India said its parent company increased the delisting offer price after “considering the prevailing market conditions and with a … Read more

Indian travelers are spending big but only 1% are going overseas

Indian travelers are spending big but only 1% are going overseas

The world famous Gateway of India monument in Mumbai, India was built during the 20th century to commemorate the visit of king George V and Queen Mary. It is located on the waterfront of the Apollo Bunder area of south Mumbai and is the city’s top tourist attraction. Darren Robb | The Image Bank | … Read more