At least six Indian state-run companies have sought government approval to issue deep-discount bonds, opting for a rarely used corporate bond structure to raise relatively cheaper funds, four sources ...

They are also considering coupon bearing bonds as well, a merchant banker involved in the transaction said. On March 11, the Central Board of Direct Taxes gave an approval to the state-owned entity to ...

At least six Indian state-run companies have sought government approval to issue deep-discount bonds, opting for a rarely used corporate bond structure to raise relatively cheaper funds, four sources ...