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Bharti Airtel: After its successful $1-billion bond issue early this month, Bharti Airtel yesterday hit international debt markets with a follow-on issue to raise more funds at the same coupon rate. The issuer is the Bharti's fully-owned subsidiary in the Netherlands (Bharti Airtel International Netherlands). Earlier on March 4 Bharti had raised $1 billion through bonds that carried a coupon of 5.125%. So far in 2013, over half a dozen companies, including RIL, PowerGrid, Tata Com, ICICI Bank, HDFC Bank, Exim Bank, Bharti Airtel and Suzlon Energy, (which is today raising USD650 million to repay its existing foreign debt among others), raised nearly $6 billion from overseas debt market.

TCS: Tata Consultancy Services (TCS) and global outsourcing services firm Capgemini have been awarded contracts worth USD 43 million (about Rs 233 crore) each from Norway Post to operate and manage its applications. The 6-year deal encompasses delivery of a wide range of services across Norway Post's core portfolio of 55 applications. It delivers over 36 million packages and 2.2 billion letters annually.

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