Indian state-run companies search authorities nod to subject deep-discount, long-tenor debt, ETCFO
By Khushi Malhotra and Dharamraj Dhutia MUMBAI -At the very least six Indian state-run corporations have sought authorities approval to subject deep-discount bonds, choosing a hardly ever used company bond construction to boost comparatively cheaper funds, 4 sources conscious of the matter stated on Tuesday. These corporations are Indian Railway Finance Corp (IRFC), Indian Renewable…