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The firm will pay $975 for every $1,000 in principal for debt presented by October 11th. The deal price then decreases to $965 per $1,000 after that.
Tata Steel announced the long-awaited resolution plan for its UK operations earlier this month.
The Government has received about Rs 1556 crore and Rs 88 crore as dividend tranches from Coal India Ltd. and BHEL, respectively.
The company will be valued at Rs 5,500 crore if TCPL purchases 65-70% of it from its three investors, with a plan for acquiring the remaining 30% over time.
With an installed capacity of 73,824 MW (including joint ventures) and ambitions to grow to 130 GW by 2032, NTPC is the largest power utility business in India.
Two separate term loans for the company, each for Rs 300 crore and Rs 1000 crore, are due on respective dates of November 14, 2023, and March 31, 2024.
The plan includes the establishment of exclusive EV dealerships in the coming quarters to cater to the unique needs and preferences of EV customers
According to the announcement, the total dividend paid for the fiscal year 2022-23 is Rs 7,030.08 crore.
The government anticipates receiving a dividend from the Reserve Bank of India (RBI), public sector banks, and financial institutions in the current fiscal year that is Rs 48,000 crore higher, or 17% more.
Titan is increasing its stake in CaratLane to leverage its large online retail footprint.