Cholamandalam Investment and Finance Company Limited (“CIFCL”), one of India’s leading diversified financial services companies, has raised INR 4 billion (c.$57 million) from CDC Group Plc (“CDC”), the United Kingdom’s Development Finance Institution and impact investor through the issuance of unsecured, subordinated, Rupee Denominated Masala Bonds. This is CIFCL’s maiden Masala Bond issue which may be listed […]
Keeping in mind the health hazard of plastic and its impact on our environment, Columbia Asia referral Hospital, Yeshwanthpur has launched a year-long anti-Plastic campaign at the hospital. The focus of this drive is to replace plastic usage and create awareness about the negative impact of use of plastic on the environment and how beneficial it is […]
Kerala based ESAF Small Finance Bank on Monday filed its Draft Red Herring Prospectus (DRHP) with markets regulator Securities and Exchange Board of India for an Rs 976 crore Initial Public Offering (IPO). According to the DRHP, the IPO comprises of a fresh issue worth Rs 800 crore and an Offer for Sale (OFS) aggregating up […]
Economical & reliable power distribution solutions to revolutionize the industry India’s leading and fast growing electrical company – Finolex Cables announce their entry in the MCCB product category to strengthen its presence in the Domestic and Industrial Switchgear Market. Manufactured with the latest technology, these will be available in differential ratings, ranging from 63 to […]
Asirvad Microfinance Limited, a subsidiary company of Manappuram Finance Limited, has achieved a significant milestone of Rs 5,000 crore in assets under management (AUM). In a statement released to the media, Mr. Raja Vaidyanathan, Managing Director, said that “Asirvad has taken the route of multi-state business operations to achieve this milestone. The company is rated AA-/Stable […]
Omni Channel Cloud Communications Service Provider, RouteMobile, has received market regulator Securities and Exchange Board of India’s nod to raise an estimated Rs 600 crore through the Initial Public Offering (IPO) route. The company had initially filed for its IPO in January 2018, it refiled its document on 3 October 2019. The Company was issued […]
Sankara Eye Hospital in collaboration with Titan has launched Mobile Rural Vision Screening Program to provide a comprehensive mobile eye care for the general public of rural and urban areas of Karnataka. The Mobile Rural Vision Screening bus was inaugurated by Dr. Kaushik, Sankara Eye Hospital and C.K Venkataraman, Managing Director, Titan. Covering rural and […]
Jawaharlal Nehru Port Trust (JNPT), due to their enhanced handling capacity and operational efficiency along with the state-of-the-art equipment & technology, today announced that they had won the Public Port of the Year (Container)’ in the 7th edition of the “Samudra Manthan Awards” a leading award for the Indian Maritime Industry. The category ‘Public Port of Year’ evaluated the Ports across […]
A grand Tech Park wide Fitness event was launched by Columbia Asia Hospital Sarjapur Road for the techies at Embassy Tech Village recently. ‘The ETV Fitness Challenge’ is a month-long fitness challenge to encourage employees from MNC’s and various corporates in the tech park to focus on their fitness regime, burn extra kilos and lose […]
L&T Finance Limited (a wholly owned subsidiary of L&T Finance Holdings Limited) is coming out with a public issue of Secured Redeemable Non-Convertible Debentures (“Secured NCDs”) of the face value of Rs. 1,000 each. The Tranche I Issue aggregates to Rs. 500 crore, with an option to retain over-subscription upto Rs. 1,000 crore, aggregating upto […]