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Foreign Currency Convertible Bond

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  • Business

All about Foreign Currency Convertible Bonds

A newcomer to the business and finance sector can get numbed with the plethora of stocks, bonds, funds etc. along with its associated terms. An average individual has to understand a mountain of......

HFCL converts bonds to shares

Himachal Futuristic Communications Ltd converted 64 foreign currency convertible bonds of $ 50,000 each into 58,70,769 shares of Rs 26 each.BSE code:...

L&T floats first yen convertible bond in India

Engineering and construction major Larsen & Toubro has launched a $100 million foreign currency convertible bonds issue denominated in Japanese yen. This is the first yen convertible bond by an......

LIC picks up Adani Ports' entire Rs 5K cr issue

State-owned Life Insurance Corporation (LIC) on Thursday entirely subscribed to the Rs 5,000 crore bond issue of Adani Ports and Special Economic Zone (APSEZ) at a coupon rate of 7.75 per cent,......

Convertible debentures: Interest paid to be taxed

In a move that could set a precedence for numerous court cases on tax deduction in interest payments on foreign currency denominated loans, the Authority for Advance Rulingshas ruled that the......

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