ICICI Bank, Axis Bank, and India Infrastructure Finance Ltd (IIFL) have collectively subscribed to ₹800 crore bonds issued by GMR group-promoted Delhi International Airport. The bonds, raised for 10 years at an annualised coupon of 9.84% with a reset clause at the end of five years, will finance the capital expenditure for phase 3A expansion at Indira Gandhi International Airport. Last week, ICICI Bank and Axis Bank invested ₹300 crore each, while IIFL invested ₹200 crore in the bonds, which are linked to the repo rate with a spread cap and floor.
CA creates fake Rs 168-cr e-bank guarantees in Bengaluru, arrested newindianexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newindianexpress.com Daily Mail and Mail on Sunday newspapers.
Shantanu Guhu Ray, a renowned senior journalist, has passed away, leaving behind a legacy of impactful journalism and insightful analysis. His passing has created a void in the world of journalism.
Award-winning Journalist Shantanu Guha Ray Passes Away easternmirrornagaland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from easternmirrornagaland.com Daily Mail and Mail on Sunday newspapers.