October 2021 – Page 2

BiP Introduces ‘STATUS’

Imran KhanOctober 21, 2021October 21, 202104 mins

With STATUS BiP users will now be able to share videos and photos New Delhi, October 21, 2021: Turkcell, a parent company of Turkey’s global life and communication platform BiP has recently launched ‘STATUS’, a new feature for BiP users to instantly share their videos and photos adding text to images and allowing other users to view and…

Business

Embassy REIT Successfully Raises ₹4,600 crores Debt at 6.5%, to Achieve c.300 basis points Interest Savings by Refinancing Existing Debt

Imran KhanOctober 19, 2021October 19, 202104 mins

Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) (“Embassy REIT”), India’s first listed REIT and the largest office REIT in Asia by area, announced today that it has successfully raised ₹4,600 crores coupon-bearing debt at an attractive interest rate of 6.5%. The proceeds from this debt raise will be utilized by Embassy REIT to…