CCPS

Goswami Infratech issued rupee-denominated zero-coupon NCDs to investors like Deutsche Bank, backed by group-level monetisation events for debt reduction.

On Wednesday, the Reserve Bank of India (RBI) allowed banks and NBFCs to exclude AIF investments in equity shares of their debtor companies, but included all other investments, including those in hybrid instruments.

The Reserve Bank's December circular prohibiting regulated entities such as NBFCs from investing in AIFs having downstream investments either directly or indirectly in a debtor company of the entities had stressed investors. The rules also required ...

Mahindra is set to invest Rs 875 crore in Classic Legends Pvt Ltd, a subsidiary of the company that produces popular motorcycle brands Yezdi and Jawa. The investment will be made through subscription to CCPS and equity, with an additional Rs 350 cro...

The European markets regulator in October 2022 de-recognised six domestic clearing houses, creating hurdles for trading and management of billions of dollars' worth of international flows for the continent's banks operating in India.

Mahindra and Mahindra has received the first installment of ₹300 crore from the International Finance Corporation (IFC) for its electric vehicle division. The IFC had committed to investing ₹600 crore in the division, which is the first investment i...

"IEX entered into a share subscription agreement and shareholders' agreement with Enviro Enablers India Private Limited (EEIPL) to acquire a 10 per cent stake in the company through compulsory convertible preference shares (CCPS)," it said.

The government announced revised Angel Tax regulations, preserving the five valuation methods from the draft rules. They introduced a mechanism for determining the fair market value of Compulsorily Convertible Preference Shares (CCPS) for both resid...

Analyst Rajesh Palviya, Senior Vice President - Technical and Derivatives Research at Axis Securities said the stock made higher tops and higher bottoms on technical charts, displaying a strong uptrend. On the quarterly chart, the stock has confirme...

Promoter ML Mittal has told State Bank of India, Exim Bank, Union Bank of India and Bank of Baroda that the company will buy out the lenders' CCPS ahead of the deadline.

"This is because the RBI requires CCPs it designates as an FMI to comply with the PFMIs (Principles on Financial Market Infrastructures). Accordingly, HM Treasury has determined that the RBI's legal and supervisory framework, in relation to CCPs tha...

"Members are hereby informed that The Clearing Corporation of India Ltd. (CCIL), presently in the 'run-off regime', has made an application to the Bank of England for recognition as a TC-CCP on 31st January, 2023," the CCIL said on its website on Ju...

The Competition Commission of India (CCI) has approved the acquisition of additional Series E compulsorily convertible preference shares of Acko Technology & Services by Multiples Private Equity Fund III and CPP Investment Board Pvt Holdings (4). Ac...

​​On Saturday, a company statement said, "TI Clean Mobility has signed definitive agreements on May 5 to raise further capital of Rs 675 crore by way of CCPS. Multiples along with other co-investors would be investing an aggregate amount of Rs 600 c...

TICM is focused on manufacturing and marketing of electric three-wheelers. It is also into the manufacturing and marketing of e-tractors an electric heavy commercial vehicles through its subsidiaries.

At the heart of the dispute is ESMA’s right to inspect, penalise and de-recognise any Central Counterparty Clearing Houses (CCPs) in systemically important countries where European banks are involved. This the RBI sees as an extraterritorial provisi...

The funding tap is open for a host of ventures looking to scale up game. Post the latest equity financing, its overall staff base will increase to 47,000 over next 12-24 months.

The framework aims at ensuring that these entities function in an efficient and effective manner.

Last week, DLF had told analysts that deal estimated to be valued at $2 billion has entered the final lap and will be placed before the audit committee for approval soon.