Refinance Your Loan & Save Big: Smart Strategies

Refinance Your Loan & Save Big: Smart Strategies

One of the most effective financial choices you will make this year could be to refinance your loan. It can be personal loan, home loan or a car loan, refinancing helps to replace your existing loan with a new loan- ideally one that has much better terms or a lower interest rate or payment schedules … Read more

Signature Global raises Rs 875 cr via debentures to reduce debt, expand business

Signature Global raises Rs 875 cr via debentures to reduce debt, expand business

Realty firm Signature Global Ltd has raised Rs 875 crore through issue of non-convertible debentures (NCDs) to repay its existing debt and expand business. In a regulatory filing on Friday, the company informed that a debenture committee in its meeting has approved the allotment of 87,500 NCDs of face value of Rs 1 lakh each … Read more

Over next 3-4 years, plan to reduce debt to zero: Hubtown promoter

Over next 3-4 years, plan to reduce debt to zero: Hubtown promoter

Rushank Shah, Promoter, Hubtown, says that over the next three to four years, they are focusing on a couple of things. One of the first things they are focusing on is reducing our debt from our current levels to zero, as well as they will be using some of the existing land parcels including one … Read more

Shapoorji Group in talks for Rs 8,000 crore raise via bonds

Shapoorji Group in talks for Rs 8,000 crore raise via bonds

Mumbai: Shapoorji Pallonji Group has revived talks with private credit funds and global lenders led by Deutsche Bank to raise about ₹8,000 crore ($948 million) in bonds, whose exact nature would be finalised later. The latest funding round will help the group meet immediate debt obligations and reduce its overall financing costs that average north … Read more