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The proceeds of the sale will be used to bring down the debt of the company including its wholly-owned subsidiary, Parry Sugars Refinery India and for general corporate purposes, it added.
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A current account deficit of $7.6 billion or 1.1 per cent of the GDP was recorded in the second quarter of 2019-20.
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Vedanta had on Tuesday informed stock exchanges about its promoters raising $1 billion debt by issuing equivalent notes to Citicorp International Ltd and another $400 million in notes to an entity under Oaktree Capital Group.
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It would raise the fund during the current fiscal.The bank will utilise the raised capital for general business purposes, it said.
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Traffic will not be allowed on NTR Marg, Necklace Road and Upper Tank Bund from 10pm on Thursday up to 2am on Friday.
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According to sources, Azharuddin’s car overturned but there were no casualties or injuries
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Under the current process, the NPS subscribers have to physically approach their Points of Presence (POPs) to complete their withdrawal request process and the task is performed offline, it said in a statement.
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India topped the charts for OYO as the most booked country, while Delhi clocked in the most bookings across the world for it in 2020, it said in a report 'OYO Travelopedia 2020'.
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The Prohibition and Excise department also permitted license holders of bars, event organizers to serve liquor upto 1 a.m. on the intervening night of December 31 and January 1
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The Chusi Chudangane actor will also be seen in Manu Charitra
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Each Roman mile was about 4,800 feet and marked by a milestone, giving birth to the saying “All roads lead to Rome.”
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Speaking after the presentation of 'Digital India Awards 2020' via videoconference, Kovind said: "We must also leverage technology and ICT-driven innovative solutions to aid economic inclusiveness
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Chandrashekhar Rao instructed the officials to create irrigation facility for 6,000 acres by completing the Pipri Lift Irrigation Scheme works and also complete the remaining CC canal works under Gaddanna Vagu project
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Right from the release of Jagapathi Babu's solo poster to releasing each lead actor's poster, Sri Ranjit Movies has increased the curiosity of moviegoers, with the unique tagline.
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The CBI is also using advanced mobile forensic equipment for analysis of dump data of the relevant cell tower locations related to the case, it said.
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Mohapatra was suffering from acute pneumonia and other old-age related ailment, informed family sources.
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I received a call from the casting company and was given two pages out of the script to prepare for the auditions. The read interested me, and I decided to audition for the show.
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This activity helped the children to understand the value of old things and develop aesthetic expression.
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The development came after the UK became the first country in the world to approve a coronavirus vaccine developed by Oxford University and AstraZeneca, even as it battled the new highly contagious variant of the coronavirus.
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There are several Android and iOS phones that may not be able to run the app as the company will withdraw support for older versions of OS from next year.