Packing batteries with more punch
Indian researchers are working on cells that can store more energy, last longer
India Inc’s external commercial borrowings (ECBs) fell by 45 per cent to USD 2.42 billion in January 2019 as compared to the year-ago period, data from RBI has showed.
Domestic firms had raised USD 5.40 billion from overseas sources during January 2018.
Of the total borrowings during the month, USD 2.27 billion was raised through the automatic route of the ECBs.
The remaining USD 150 million was taken through the approval route, as per the Reserve Bank data on ECB for January 2019.
No money was raised through rupee denominated bonds (RDBs) during the month, both in 2019 and 2018.
Major borrowers, which tapped resources overseas via automatic route, included Indian Oil Corporation Limited (USD 900 million), Bharat Petroleum Corp (USD 500 million) and Hindustan Petroleum Corp (USD 200 million).
All three oil marketing firms raised the money for their working capital requirement.
Power Grid Corporation raised USD 228.55 million for power project and Reliance Home Finance raised USD 35.50 million for lending.
Power Finance Corp was the only firm to raise USD 150 million through approval route for sub-lending purpose.
Indian researchers are working on cells that can store more energy, last longer
To fix a broken bone, doctors often harvest another bone from the patient’s body or from someone else. It ...
Superconductors from IIScScientists at IISc Bangalore have invented a device with a nanocrystal structure ...
Engineering and construction giant L&T has won a licence from the Council of Scientific & Industrial ...
Option price falls more than it rises for the same change in underlying
A long-term vacation here is worth a check-in
The fund delivered a return of 31.5% in 2020 compared with the category’s 15.5%
Care Health Insurance’s new rider offers no great benefit. We review its pros and cons
In these isolated times when people yearn for a slice of the familiar, amateur and professional chefs are ...
With strokes of quirky humour, Partha Pratim Deb uses pulp, terracotta, glass and discarded cloth to create ...
Given the events in Washington DC on January 6, this week’s quiz is all about buildings that house or housed ...
While good writing wars against the cliché, television gives it a natural home
Digital is becoming dominant media, but are companies and their ad agencies transforming fast enough to make a ...
Slow Network, promoted by journalist-lyricist Neelesh Misra, pushes rural products and experiences
How marketers can use the traditional exchange of festive wishes meaningfully
For Fortune, a brand celebrating its 20th anniversary, it was a rude shock to become the butt of social media ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor