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Global Times: China, Middle East countries eye each other s markets, vow to increase investment, deepen cooperation

Global Times: China, Middle East countries eye each other s markets, vow to increase investment, deepen cooperation
sina.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.hk Daily Mail and Mail on Sunday newspapers.

Egyptian banks suspend debit card use in foreign currency abroad - Economy - Business

Egyptian banks suspend debit card use in foreign currency abroad - Economy - Business
ahram.org.eg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ahram.org.eg Daily Mail and Mail on Sunday newspapers.

sterling: Sterling & Wilson board approves Rs 1,500 crore fundraise

Sterling & Wilson Renewable Energy has announced plans to raise Rs 1,500 crore through debt or equity. The company is considering an equity share sale to repay debt maturing this fiscal year, with a scheduled principal repayment of Rs 1,200 crore between September 2023 and March 2024. Shapoorji Pallonji and Company holds an 18.5% stake in the firm, while a Reliance Industries-linked entity owns 40% equity.

sterling: Sterling & Wilson Renewable board approves proposal to raise Rs 1500 crore

Sterling & Wilson Renewable Energy has announced plans to raise Rs 1,500 crore through debt or equity. The company is considering an equity share sale to repay debt maturing this fiscal year, with a scheduled principal repayment of Rs 1,200 crore between September 2023 and March 2024. Shapoorji Pallonji and Company holds an 18.5% stake in the firm, while a Reliance Industries-linked entity owns 40% equity.

Board of Sterling and Wilson Renewable Energy to meet on Sept 27 for fundraise

Sterling and Wilson Renewable Energy Ltd (SWREL) has announced that its board will meet on September 27 to discuss raising funds through the issuance of bonds or equity. The company is considering options such as preferential issue, qualified institutions placement, rights issue, or a combination thereof. SWREL aims to become a debt-free company and improve its valuation through this fundraising.

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