Mortgage lender HDFC has said that it has raised Rs 500 crore through rupee-denominated bonds from overseas investors. “The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs 500 crore,” HDFC said in a regulatory filing to stock exchanges.
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VRL Logistics to start regional airline
The promoters of VRL Logistics are planning to start a regional airline. Company chairperson Vijay Sankeshwar and MD Anand Sankeshwar would set up a separate company to launch it.