|
- Mgt. Courses
- India's Outlook
- BECON-2003
- Micro Finance
- Credit Policy
- Bank Ratings
- Top 15 pages
Daily News
- Banking News
- IT News
- Insurance News
- BPO News
- Market News
Online Directories
- IT Directory
- BPO Directory
- Bank Directory
- Insurance Cos
Daily Rates
- Rupee Spot Rates
- Lending Rates
- Stock markets
- FCNR Rates
Banking
- Overview
- Basics
- Products
- Articles
- Policies
- More
Technology
- Overview
- Major IT Cos
- Banking Software
- Features
- More
Finance
- Overview
- Corporate Finance
- M&A & JV
- Venture Capital
- More
Insurance
- Overview
- Regulators
- Bancassurance
- Products
- More
BPO
- Overview
- Opportunities
- News & Trends
- More
Publications
- BPO Report
- Doing business
- Outsourcing
- NRI Handbook
- Directory
- More
More sections
- Jobs
- Management
- NRIs
- Co-op Banks
- Lifestyle
|
Click Here To Return To Daily News
Click For Other Top Stories
India Inc raised a total of $1.75 billion in external commercial borrowing during April 2004.
As per the data released by the Reserve Bank of India, Total of 73 proposals were approved under the automatic route aggregating $1.35 billion. Most of these companies proposed to raise ECB either for rupee expenditure or working capital.
Tata Motors, borrowed $300 million and $100 million, under two different proposals for import of capital goods and acquisition abroad. This is closely followed by Reliance Industries with its $250 million for rupee expenditure and $115 million each by Bharti Tele-ventures and Mahindra & Mahindra for modernisation. Ashok Leyland and Zee Telefilms raised $100 million each for five years.
Under approval route, Exim Bank and PFC raised $300 million and $100 million respectively for five years.
.... Read Latest ECB Guidelines
.... Exclusive Section on ECB
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
-----------
|
