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 premier housing finance companies and … Read more
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 providing micro-loans to women customers … Read more
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 October 31, 2018, approved the … Read more
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 by 27.87% at Rs 579.70 … Read more
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 Industrial Area Sewage Treatment Works … Read more
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 through any other permissible mode … Read more
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 31.95 crore pertains to Water … Read more
