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China moves to meet currency flexibility vow

Published in June 28th, 2010
Posted by webmaster in Forex, US Markets, World Economy
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China has taken its first step towards honouring a pledge to let the exchange rate of its currency float more freely. Beijing announced plans on Saturday to make the yuan more flexible, breaking its strict peg to the US dollar.

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Oil price rise nears $80 a barrel

Published in January 17th, 2010
Posted by webmaster in Forex, US Markets, World Economy
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Oil prices have climbed to more than $79 a barrel, reaching the highest levels for five weeks. During Monday’s trading in London, US crude touched $79.12 a barrel before falling back later to $78.77. Heating oil futures led the gains, while London Brent crude rose by

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Gujarat NRE – conversion of FCCBs

Published in June 28th, 2009
Posted by webmaster in Forex, Market News
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Gujarat NRE – conversion of FCCBs Gujarat NRE Coke Ltd has announced that the Company at its meeting held on June 26, 2009, has issued and allotted 45,02,016 Equity Shares of Rs. 10/- each at a premium of Rs 34.64 per share pursuant to Conversion Notice(s) received from the holder(s) of FCCBs for conversion of [...]

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Moser Baer – Foreign Currency Convertible Bonds

Published in May 30th, 2009
Posted by webmaster in Forex, US Markets, World Economy
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Moser Baer – Foreign Currency Convertible Bonds Moser Baer India Ltd has announce the following repurchase of the Foreign Currency Convertible Bonds, particulars of which are set out as follows: Tranche A – Number of Convertible Bonds : 10 – Total Amount Paid : US$ 435000

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Moser Baer – Foreign Currency Convertible Bonds

Published in March 17th, 2009
Posted by webmaster in Forex, US Markets
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Moser Baer – Foreign Currency Convertible Bonds (FCCB) Moser Baer India Ltd has announced the following repurchase of the Foreign Currency Convertible Bonds, particulars of which are set out as follows: Tranche A – Number of Convertible Bonds : 10 – Total Amount Paid : US$ 250,000

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Financial Technologies – Foreign Currency Convertible Bonds

Published in March 12th, 2009
Posted by webmaster in Forex
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Financial Technologies India Ltd has announced that the Company has repurchased Zero Coupon Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 3 million at a discount of 37.73% on accreted value as per details mentioned below and shall extinguish the same. – Number of Convertible Bonds : 3000

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Financial Technologies FCCB

Published in February 22nd, 2009
Posted by webmaster in Forex, Market News
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Financial Technologies – Foreign Currency Convertible Bonds Financial Technologies India Ltd has announced that the Company has repurchased Zero Coupon Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 5.50 million at a discount of 37.45% on accreted value as per details mentioned below and shall extinguish the same. – Number of Convertible Bonds : 5500

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Tulip Telecom – Buyback of FCCBs

Published in February 22nd, 2009
Posted by webmaster in Forex, US Markets
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Tulip Telecom Ltd has announced that in terms of the approval granted by the Board of Directors of the Company on January 19, 2009 to extinguish, restructure, buyback / redemption of FCCBs, the Company, till date, has repurchased the FCCBs aggregating to US$ 30.50 million

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