Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures to pare debt New Delhi: Debt-ridden Future Retail on Wednesday said its board has approved raising up to Rs 650 crore by issuing non-convertible debentures to pare debt. The NCDs will be issued on a private placement basis in one …
The ₹16,000 crore diversified conglomerate Emami will pare its entire debt at the group level, which currently stands at ₹2600 crore, over the next 9 months, a top company official said. The group is "fully covered to meet all repayment obligations in the group companies", Emami director Prasant Goenka said. India Ratings recently downgraded Emami Frank Ross Limited's ₹125 crore …
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