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Bharti Airtel, DLF and Triveni Engineering & Industries to see some action today

23 Nov 2021 Evaluate

Bharti Airtel has added 2.74 lakh mobile subscribers in September. The subscriber base of Airtel stood at 35.44 crore in September as against 35.41 crore users in August.

DLF’s rental arm -- DLF Cyber City Developers (DCCDL) has raised Rs 1,000 crore through debentures to refinance its existing debt. The fund has been raised at 6.7 per cent annual fixed coupon rate maturing in September 2024. The NCDs will be listed on the Wholesale Debt Market of BSE.

Triveni Engineering & Industries has signed a 10-year business agreement with GEAE Technology USA to locally manufacture the 'LM2500' gas turbine base and enclosure.  Under the agreement, GEAE Technology USA has licensed Triveni to locally manufacture the LM2500 gas turbine's base frame, acoustic enclosure, and lubricating oil skid and supply other source-controlled accessories that go into the LM 2500 gas turbine enclosure assembly.

Tourism Finance Corporation of India has received approval to raise Rs 50 crore (including Green shoe option of Rs 25 crore) through Secured, Listed, Rated, Market Linked Redeemable Non-Convertible Debentures (NCDs) on private placement. The above issuance is pursuant to the approval of the Board of Directors' resolution passed at its meeting held on August 10, 2021 for raising of resources for an amount not exceeding Rs 750 crore during FY2021-22 by way of long/medium/short term borrowings/overdraft loans from Banks/Financial Institutions/others and/or Bonds/Debentures/other instruments.

Ircon International has emerged as lowest bidder in the Railway signalling projects floated by the Ministry of Transport Services Management, Sri Lanka and the Ministry of Railways, Bangladesh. These works have been awarded on competitive bidding basis.

Home First Finance Company India’s board has approved the issuance of Secured, Redeemable, Rated, Listed Non-Convertible Debentures (NCDs) having a face value of Rs 10,00,000 each, aggregating up to an amount of Rs 99 crore on a Private Placement basis proposed to be listed on the wholesale debt segment of BSE.

State Bank of India (Chennai circle) has inked a memorandum of understanding (MOU) with the Puducherry Cooperative Milk Producers Union (PONLAIT) to provide loan to individual dairy farmers. The loan would be given under SAFAL (simple and fast agriculture loan) scheme of the bank. The amount of loan is up to a limit of Rs 3 lakh.

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Company Name CMP
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