DHFL repays commercial paper worth Rs 1,775 crore

Dewan Housing Finance Corporation (DHFL) has repaid commercial paper (CP) worth Rs 1,775 crore. Since September 21, 2018, the company has repaid commercial paper holders Rs 9,465 crore including buyback worth Rs 3,240 crore. Besides, the company has either repaid or offered to buy back all commercial papers, including Rs 1,775 crore CP, maturing till … Read more

Maruti Suzuki launches 250th commercial showroom in Dehradun

Maruti Suzuki India has launched its 250th Commercial Showroom in Dehradun. The company’s Commercial Channel is the fastest growing automobile retail channel in India and it is now present in over 193 cities. Maruti Suzuki’s Commercial Channel is built on the values of partnership, reliability and efficiency. Maruti Suzuki India (formerly known as Maruti Udyog) … Read more

Sunteck Realty issues commercial paper worth Rs 25 crore

Sunteck Realty has issued Commercial Paper of Rs 25 crore. The tenure for the instrument is 116 days. The date of allotment is October 29, 2018 and will mature on February 22, 2019. Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment. Bhupendra Singh ChundawatBhupendra Singh … Read more

Essel Propack issuing commercial papers worth Rs 40 crore

Essel Propack is issuing Commercial Papers (CPs) for Rs 40 crore on private placement basis. The CPs for Rs 40 crore with date of maturity as October 30, 2018 will be redeemed as per the terms. Essel Propack is a producer of plastic packaging material in the form of multilayer collapsible tubes and laminates used … Read more

DCM Shriram starts additional commercial production at Rajasthan plant

DCM Shriram has started additional commercial production of 168 TPD in Chlor-alkali plant at Kota (Rajasthan), on October 22, 2018. DCM Shriram is engaged in the business of fertilizer, sugar and caustic soda. Bhupendra Singh ChundawatBhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes … Read more

Astron Paper commences commercial production of PM-2 at unit-1

Astron Paper & Board Mill’s PM-2 at unit-1 located at Halvad, Gujarat has commenced commercial production of kraft paper from October 15, having installed capacity of 33000 MT/year. The company is currently operating at almost 90% capacity utilization of its PM-1 located at Halvad, with installed capacity of 96,000 MT per annum. With the commencement … Read more

Avenue Supermarts gets nod to raise funds by issuance of commercial paper

Avenue Supermarts has received an approval to raise funds by issuance of Commercial Paper up to Rs 300 crore from time to time in addition to the existing limit of Rs 200 crore. The Board of Directors of the company at its meeting held on October 13, 2018, approved the same. Avenue Supermarts is a … Read more

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