city Mumbai covid-19 city Mumbai

₹1,000 crore

Reading now: 943
www.livemint.com

MUMBAI : In a surprise move for many investors, Tata Motors on Thursday decided to withdraw the issue for private placement of unsecured non-convertible debentures (NCDs).

Just two days ago, the automaker's board-constituted committee had approved raising up to ₹1,000 crore by issuing NCDs on a private placement basis. "The company has decided to withdraw the issue for private placement of unsecured NCDs in view of the higher cost expectations from the market participants due to the tight money market conditions," it said in a brief statement. "The company continues to have sufficient liquidity and will consider issuance of NCDs at appropriate time and under normalised market conditions with necessary approvals." On May 5, Tata Motors'

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

Gotabaya Rajapaksa - The economy is recovering, says President during meeting with professionals - newsfirst.lk
newsfirst.lk
71%
738
The economy is recovering, says President during meeting with professionals
COLOMBO (News 1st); President Gotabaya Rajapaksa said that the nature or extent of the challenges will not matter in fulfilling the promises made to the people.He noted that development activities continue in the country while taking necessary steps to control the COVID-19 pandemic.The President also pointed out that the economy, which had been collapsed for nearly two years, is gradually recovering.The President made these remarks participating in the first round of discussions in a series of sessions with professionals representing various fields, held at the President’s House on Friday (11).The professionals who participated in the discussion said that they are further committed to make the national programme a success by giving the necessary strength to achieve the goals desired by the President, said a statement.The professionals vehemently rejected the allegations spread by some sections with the objective of achieving narrow political agendas, the statement added.Experts in the field said that the new approach to agriculture initiated by the President is being continuously supported by the researchers and entrepreneurs who are engaged full time in these fields, further noted the statement.Representatives from a wide range of fields, including education, policy, sociology, agriculture, research, water and renewable energy, medical, engineering and innovation, were present at the discussion with the President.Ministers, State Ministers, Members of Parliament, the Governor of the Central Bank, the Secretary to the President, the Principal Advisor to the President and many others were also present.
Mark Adams - Kamila Valieva - Olympic officials suggest Russian skater’s entourage should be probed for failed drug test - globalnews.ca - city Beijing - Russia - Sweden - city Stockholm, Sweden
globalnews.ca
79%
430
Olympic officials suggest Russian skater’s entourage should be probed for failed drug test
Olympic officials on Saturday said they would welcome an anti-doping investigation into the Russian doctors, coaches and family members in the entourage of gold medal winning teenage skater Kamila Valieva.Valieva’s future at the Beijing Olympics hangs in the balance after the stunning revelation she had tested positive for a banned substance before winning the team event on Monday, but that the positive drug test report took more than six weeks to be made public.Fans of figure skating, athletes and anti-doping advocates have expressed outrage over a teenager being dragged into the center of an Olympic doping controversy with a positive test for an angina drug. Many have questioned the role of the adults around the 15-year-old skater.On Saturday, International Olympics Committee spokesman Mark Adams said: “Entourage has been overlooked in the past.” Beijing Olympics: Russian skater’s failed drug test confirmed, setting up fight with IOC The delay in Valieva receiving her positive drug test result also loomed large on Saturday as Olympic and anti-doping officials sought to reinstate her ban.Valieva was suspended by the Russian anti-doping body after the positive test report, but the suspension was lifted a day later after she appealed, allowing her to continue to compete.
DMCA