Business Industry
Tata Steel has announced its intention to raise ₹3,000 crore by issuing non-convertible debentures (NCDs) through a private placement. The company’s board approved this fundraising initiative during a meeting on February 14. Details of the NCD Issuance The company plans to issue 300,000 NCDs, each valued at ₹100,000, to eligible investors. The tentative allotment
National
The Ministry of Electronics and Information Technology (MeitY) is preparing to seek cabinet approval for a ₹40,000 crore package aimed at bolstering electronic components manufacturing in India. This initiative is part of the government’s vision to position India as a global hub for electronics production. Strengthening Domestic Production The package is expected to