BusinessKingfisher allots equity shares against optionally convertible debentures
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Kingfisher allots equity shares against optionally convertible debentures
Duvvuri Subbarao, governor of the Reserve Bank of India, spoke extensively to NDTV Profit about the thinking behind the rate cut, and what to expect going forward.
Cash-strapped Kingfisher Airlines said it has alloted equity shares against optionally convertible debentures (OCDs), a development that may help in saving interest outflow on such instruments.