ICICI set to underwrite Petronet's Vadinar-Kandla pipeline debt plan
The Industrial Credit and Investment Corporation of India (ICICI) has agreed to underwrite the entire debt component of around Rs 300 crore for the Vadinar-Kandla pipeline being constructed by Petronet-VK Ltd.

Purchase cellular equipment at own risk, court warns MTNL
The Delhi high court on Tuesday cautioned Mahanagar Telephone Nigam (MTNL) that any investment in purchase of equipment for its proposed cellular service would be at its own "risk and cost".

Bank of India to raise subordinate debt
Bank of India (BoI) will raise subordinate debt to prop up its capital adequacy ratio. The subordinate debt forms part of banks tier-II capital.

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