HIL launches new product ‘Charminar Fortune’ in Andhra Pradesh

HIL has launched its new product ‘Charminar Fortune’ in Andhra Pradesh. This advanced research-based, green roofing solution has been developed by HIL in-house at its plant located at Kondapalli, Andhra Pradesh. Charminar Fortune is a new addition to the company’s Roofing products which is Asbestos free and marketed under the brand ‘Charminar’, one of the … Read more

Andhra Bank raises Rs 500 crore on private placement basis

Andhra Bank has raised Rs 500 crore by issuing Basel III-compliant bonds on a private placement basis. The bank has issued 9.2% unsecured fully paid-up non-convertible Basel III compliant additional tier I capital perpetual debt bonds in the nature of debentures for an amount of Rs 500 crore on private placement basis. The issue was … Read more

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