Tata Steel Managing Director H M Nerurkar says we will obviously need to raise money because of our ongoing expansions in Odisha, but we have not finalised our plans.

Tata Steel will be paying $471.17 million as principal along with an interest of $1.92 million against the bonds for the last six months

The Pune-based company's standalone revenues also declined 59.36 per cent to Rs 596.91 crore compared to Rs 1,469.07 crore in the corresponding period last year.

Global rating agency Standard & Poor's on Thursday warned that 56 Indian companies, which have to pay back $5 billion worth of foreign debt this calendar year, could see their interest burden going up by $700 million if they choose to reschedule these obligations.

Educomp Solutions has tied up about Rs 852 crore to pay off its existing overseas borrowings, as also to fund its capital expenditure and strengthen its balance sheet.

The company's FCCBs worth $568.96 million are due for redemption during June and October this year.

The alarming rise in India Inc's debt, estimated to have risen by over 50-60 per cent from a year ago, is a serious cause of worry and efforts are on by the companies to pare their long-term loans by selling off assets.

Suzlon's total income in the March 2012 quarter slumped to Rs 6,815.15 crore from Rs 7,372.10 crore in the same period a year ago, it said in a statement.

That bank stocks are on a comeback path is clear. What is not so clear is which of the two - public sector banks or private sector banks - will give better returns. Experts, however, say PSU banks have many things going for them.

Subex, Cranes Software, Strides Arcolab, GTL Infrastructure, Indowind Energy and Suzlon Energy are just a few names among the Indian mid-sized companies on the long list of FCCB borrowers facing headwinds.

A spokesperson denied speculations that the fund rising has been affected due to problems faced by another group firm Kingfisher Airlines.

Kingfisher Airlines is battling on many fronts - huge debt, cancellations, and mounting weariness from the government and public.

The cover package on the rupee movement (The Rupee Impact, February 2012) and its impact on individual finances was very illuminating, writes Jyoti Jairam from Allahabad.

The company's average revenue per user (ARPU) for wireless services decreased to Rs 100 for the third quarter of 2011-12 from Rs 101 in the preceding quarter.

With $6 billion in foreign currency convertible bonds (FCCBs) maturing by 2013, companies may have to refinance debt at a higher cost.

The currency in your wallet is always on the move. The value of a country's currency is linked with its economic conditions and policies.

With the exception of the Japanese yen and the arguably undervalued Chinese renminbi, the dollar has appreciated against virtually every currency in the world.

The stock market, already worried over India's current account deficit, is now feeling the tremors of foreign currency convertible bonds Indian companies issued more than three years ago.

United Spirits Ltd, a part of Vijay Mallya-led UB Group, posts a net profit of Rs 47.06 crore for the third quarter ended December 31, 2011, due to an increase in raw material costs.

The refinancing for the outstanding FCCBs worth $1,182 million (Rs 6,125 crore) would be provided by Industrial and Commercial Bank of China, China Development Bank and Export Import Bank of China.