NSE:TATACAP

3 stories mentioning NSE:TATACAPUpdated 1d ago

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Market Chatter: JSW Realty Seeks INR16 Billion Loan From Tata Capital

JSW Group's real estate arm, JSW Realty, is in advanced discussions to raise a five-year loan worth 16 billion Indian rupees from Tata Capital (NSE:TATACAP, BOM:544574), Bloomberg reported Tuesday, citing people familiar with the matter.The proposed financing is reportedly intended to support development of an office project near Bandra business district of Mumbai.The loan could be priced in the 9% to 11% range, compared with the current five-year government bond yield of 6.47%, the report noted. The discussions are ongoing and the transaction has not been finalized, it added.JSW Realty and Tata Capital did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

BOM:544574NSE:TATACAP

Asia8d ago

Tata Capital Chief Risk Officer Resigns, Successor Named

Tata Capital (NSE:TATACAP, BOM:544574) said Chief Risk Officer Nitin Dharma has resigned to pursue other personal and professional interests, according to a Wednesday filing on Indian bourses.He will cease to hold the position of chief risk officer on June 30 and remain with the company until Sept. 7 to support the transition process, the filing said.The company has appointed Kamal Bhatia as chief risk officer for a two-year term effective July 1. Bhatia currently serves as senior vice president and chief credit officer for SME Finance at the company, the filing said.

BOM:544574NSE:TATACAP

Asia56d ago

Tata Capital's Consolidated Profit Posts Gains in Fiscal Q4

Tata Capital's (NSE:TATACAP, BOM:544574) consolidated attributable profit rose to 15.0 billion Indian rupees from 10.5 billion rupees a year ago.The non-banking finance company's earnings per share came in at 3.54 rupees from 2.67 rupees a year earlier, according to a Thursday filing to the Indian bourses.Revenue from operations in fiscal Q4 increased to 81.6 billion rupees from 74.8 billion rupees a year ago.The company's board recommended a final dividend of 0.57 rupees per equity Share of face value of 10 rupees each, for the financial year ended March 31.

BOM:544574NSE:TATACAP

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