Great Eastern Energy plans IPO Launch this fiscal Year

ByAmandeep Singh

Great Eastern Energy Corporation Ltd plans to raise around Rs 400 crore through an initial public offering this fiscal to part-fund drilling of nearly 300 wells and distribution of gas for industrial purposes in West Bengal. The Gurgaon-based company also plans to invest nearly Rs 2,825 crore in two phases in West Bengal to develop…

Should I invest in L & T Finance NCD Issue?

ByAmandeep Singh

Investments can be considered in L&T Finance’s secured non-convertible debentures (NCD), especially the longer-term options as they offer attractive rates and provide a hedge against the interest rate volatility over a 10-year period. With banks’ term deposit rates hovering in the 6.5-8 per cent range across comparable tenures, the rates offered by the debenture appear…