Piramal Capital Announces Maiden Dollar Bonds

23 Jul 2024 CW Team

Piramal Capital & Housing Finance has issued initial price guidance for its first-ever dollar bonds, marking a significant step in its capital-raising efforts. This move reflects the company?s strategy to diversify its funding sources and attract international investors.

The maiden issuance of dollar bonds is aimed at bolstering the company?s financial position and supporting its ongoing housing finance projects. By tapping into the global bond market, Piramal Capital seeks to leverage favorable market conditions and investor interest to secure funds for its growth initiatives.

Initial price guidance for these bonds will provide potential investors with an early indication of the bond?s yield and pricing. This step is crucial in setting the stage for the bond issuance process, helping to gauge market demand and optimize the final terms of the bond offering.

The bond issuance is part of Piramal Capital's broader strategy to enhance its capital structure and expand its financial capabilities. The successful launch of these bonds is expected to strengthen the company?s liquidity position and support its strategic objectives in the housing finance sector.

Investors will closely monitor the final pricing and terms of the bond issuance, as it will offer insights into the company?s financial health and its ability to attract capital from international markets.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..