Jain Irrigation announced that its subsidiary Sustainable Agro-commercial Finance Ltd (SAFL) - a non-banking finance corporation - has raised funds worth Rs 112 crore in a mix of equity shares and long term debt.
FlashNews:
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
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Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
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Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
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India is ready to build for the world!
Petron wins `100 cr project at Reliance Jamnagar
Petron Engineering Construction has bagged a Rs 100 crore contract for mechanical works at Reliance Industries Jamnagar project.
DPDHL to invest €100 M
Deutsche Post DHL (DPDHL) is set to invest €100 million (about Rs 797 crore) over the next two years in India
Great Eastern Shipping orders for 3 new carriers
In a press release, the Great Eastern Shipping Company has informed the BSE that the Company has placed an order for building three new Kamsarmax dry bulk carriers with Jiangsu Yangzijiang Shipbuilding Group, China. The 3 vessels are expected to join the Company's fleet in 2Q and 3Q of CY 16.
APL in the process of delisting its shares
Loss-making Assam Petrochemicals (APL) is in the process of de-listing the company from the Bombay Stock Exchange (BSE) amidst the proposal of Oil India to buy stake in the firm. State-run OIL is in talks with Assam government, which is holding 88.2 per cent stake in APL, for buying 49 per cent equity in the company. Domestic institutions and others hold the remaining stake in
Board of Srei allows it to issue Rs 15 bn worth bonds
In a communication to the stock exchange, Srei Infrastructure Finance informed that during the financial year 2013-14 the company is permitted by its board to raise Rs 1,500 crore through debentures. This amount can be raised through public issue of secured, redeemable, non-convertible debentures in one or more tranches during the current fiscal, the firm said. The company's board has also approved to raise up to Rs 500 crore in one or more tranches through issue of prefe
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