Shriram Transport Finance to raise Rs 1350 crore through NCDs

Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with monthly, annual and cumulative payment … Read more

V2 Retail opens one operational retail store in Karnataka

V2 Retail has launched one operational Retail Store at Andanur Arcade, Davanagere in the state of Karnataka. With this, the company has currently 71 Retail stores that are operational. V2 Retail is one of the fastest growing Retail Company in India. The company offers a portfolio of products, including apparel and non-apparel. The company sells … Read more

Infosys completes acquisition of Fluido

Infosys has completed the acquisition of Fluido, the leading Salesforce advisor and consulting partner in Nordics and a recognized leader in cloud consulting, implementation and training services. This follows the announcement the company made on September 14, 2018. Through this acquisition the company strengthens its position as a leading Salesforce enterprise cloud services provider, and … Read more

Thangamayil Jewellery to open 33rd Branch in Tamil Nadu

Thangamayil Jewellery is going to open 33rd Branch at Batlangundu – Dindigul District, Tamil Nadu on October 19, 2018. Thangamayil Jewellery is one of the leading jewellery retailers. The Company trades in Gold Jewellery, Diamond and Platinum jewels. The products manufactured by the company includes Gold, Diamond, Silver and Platinum Jewellery, Gem Stones etc. Bhupendra … Read more

Avenue Supermarts issues commercial paper worth Rs 65 crore

Avenue Supermarts has issued Commercial Paper worth Rs 65 crore. The date of issuance is October 11, 2018 and the instrument will mature on December 10, 2018. The rating agency, CRISIL has assigned ‘A1+’ rating to the company’s Commercial Paper. Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an … Read more

Future Group enters into MoU with Vardhman Group

Future Group has entered into a memorandum of understanding (MoU) with the Vardhman Group to co-develop products for its apparel business. This strategic partnership will enable the group to make quality fashion more affordable. Future Group is India’s first and largest independent homegrown pure-play retail group. Future Group consists of 4 listed entities led by … Read more

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