Endurance Technologies has received an approval for issuance of fresh/new equity shares through one or more public or private offerings or combination thereof as may be permitted under applicable law(s), for an amount up to Rs 750 crore. The Board of Directors of the company at its meeting held on ... Read More »
Tag Archives: crore
PNB reports net loss of Rs 4,532 crore in Q2
Punjab National Bank (PNB) has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 4,532.35 crore for the quarter under review as against net profit of Rs 560.58 crore for the same quarter in the previous year. Total income of the Bank ... Read More »
DHFL raises funds worth Rs 1250 crore via NCDs
Dewan Housing Finance Corporation (DHFL) has raised funds worth Rs 1250 crore. The Members of the Finance Committee of the Board of Directors at their meeting held on November 2, 2018 allotted 12500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. DHFL is one of India’s ... Read More »
CreditAccess Grameen raises Rs 95 crore through ECB
CreditAccess Grameen has raised External Commercial Borrowing (ECB) of Rs 95 crore from International Finance Corporation (IFC) on October 31, 2018. This is the first ECB transaction after Listing of the company’s shares on BSE & NSE. CreditAccess Grameen is a leading Indian micro-finance institution headquartered in Bangalore, focused on ... Read More »
IIFL Holdings’ arm gets nod to raise funds up to Rs 5000 crore
IIFL Holdings’ material NBFC subsidiary — India Infoline Finance has received an approval for raising of funds by way of issue of Non-Convertible Debentures (NCDs) to public up to Rs 5000 crore in one or more tranches. The Board of Directors of India Infoline Finance at their meeting held on ... Read More »
Thomas Cook reports consolidated net loss of Rs 8 crore in Q2
Thomas Cook (India) has reported results for second quarter ended September 30, 2018. The company has reported net profit of Rs 8.99 crore for the quarter under review as against net loss of Rs 2.77 crore for the same quarter in the previous year. Total income of the company increased ... Read More »
L&T’s construction arm bags orders worth Rs 1,329 crore
Larsen & Toubro’s (L&T) construction arm — L&T Construction has won orders worth Rs 1,329 crore across three business segments. The company’s Water & Effluent Treatment Business has secured Design and Build (D&B) order worth Rs 710 crore from Public Works Authority (ASHGHAL), Qatar for the execution of 30 MLD ... Read More »
Aarti Industries gets nod to raise funds worth Rs 750 crore
Aarti Industries has received approval to raise funds by way of issue of equity shares or any other instruments or security including fully/partly convertible debentures or by way of a composite issue of Non-Convertible Debentures (NCDs), through qualified institutions placement, private placement/public issue of equity/ debt securities, preferential issue or ... Read More »
NCC bags four orders worth Rs 1345.78 crore in October
NCC has received four new orders totaling to Rs 1345.78 crore (exclusive of GST) in the month of October, 2018. Out of this, two orders totaling to Rs 560.02 crore pertain to buildings division, one order of Rs 753.81 crore pertains to mining division and the fourth order of Rs ... Read More »
GST collections cross Rs 1 lakh crore in October: FM Arun Jaitley
CGST is Rs. 16,464 crore, SGST is Rs. 22,826crore, IGST is Rs. 53,419 crore (including Rs. 26,908crore collected on imports) and Cess is Rs. 8,000 crore (including Rs. 955crore collected on imports). The total number of GSTR 3B Returns filed for the month of September up to 31st October, 2018 ... Read More »
Syndicate Bank reports net loss of Rs 1543 crore in Q2
Syndicate Bank has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 1542.54 crore for the quarter under review as against net profit of Rs 105.24 crore for the same quarter in the previous year. Total income of the Bank decreased by ... Read More »
United Bank of India gets nod to raise funds up to Rs 3000 crore
United Bank of India’s board has approved raising of equity capital, in one or more tranches, for an amount not exceeding Rs 3000 crore by way of preferential allotment of equity shares. United Bank of India is one of the 14 major banks, which were nationalized on July 19, 1969. ... Read More »
Shriram EPC bags order worth Rs 236 crore from Jharkhand Govt
Shriram EPC bags order worth Rs 236 crore from Jharkhand Govt Shriram EPC (SEPC) has bagged an order worth Rs 236 crore from Drinking Water & Sanitation Department, Government of Jharkhand. The Project involves Providing Drinking water & sanitation facilities under TANDWA Block Rural Pipe Water Supply Scheme under D.W. ... Read More »
GHCL receives nod for additional CAPEX of Rs 10 crore in FY19
GHCL has received approval for additional CAPEX for financial year 2018-19 amounting to Rs 10 crore for Yarn division of the company, which will be used towards Solar Power Rooftop Project of 2.5 MW capacity for annual generation of around 37 lakh units of solar power. The Board of Directors ... Read More »
GE Power India bags four orders from NTPC worth Rs 1783 crore
GE Power India has received four orders from NTPC to supply and install Wet FGD systems for a combined value of Rs 1783 crore. The four power plant projects are for Solapur Super Thermal Power Project – 2×660 MW, Tanda Super Thermal Power Project Stage II – 2×660 MW, Feroze ... Read More »
PNB Housing Finance raises Rs 2,450 crore through CPs
PNB Housing Finance has successfully raised Rs 2,450 crore through Commercial Papers (CPs). This is in addition to Rs 1,775 crore raised earlier in October totalling to Rs 4,225 crore of CPs raised in October 2018. The CPs were placed with various Mutual Funds and Banks. PNB Housing Finance is ... Read More »
Shriram Transport Finance raises Rs 300 crore via bonds
Shriram Transport Finance Company has raised funds worth Rs 300 crore through issuance of bonds. The issue comprises three tenor bonds of three, five and ten years, offering a coupon in the range 9.12% to 9.70%. Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and ... Read More »
Indian Bank raises Rs 290 crore via bonds
Indian Bank has successfully raised funds worth Rs 290 crore under Basel III Compliant Tier 2 Bonds on October 30, 2018 with a coupon rate of 8.90% p.a., tenor at 10 years and call option after completion of 5 years, on private placement basis. The credit rating agency, CRISIL has ... Read More »
Tata Power receives approval to issue NCDs worth Rs 5,500 crore
Tata Power Company has received approval for issuance in one or more tranches, of noncumulative, redeemable, taxable, listed, rated securities in the form of Non-Convertible Debentures (NCDs) upto an aggregate amount not exceeding Rs 5,500 crore on private placement basis to any persons, entities, bodies corporate, companies, banks, financial institutions ... Read More »
Capacite Infraprojects bags order worth Rs 705 crore from Oberoi Realty
Capacite Infraprojects has received contract worth Rs 705 crore (excluding GST), from Oberoi Realty, for construction of Oberoi Garden City- Phase 3 comprising of five towers of sixty six floors each located at Goregaon East, Mumbai in the state of Maharashtra. Capacite Infraprojects is a fast growing construction company focussed ... Read More »