Popular Articles

Apollo Tyres Q3 net zooms over 18 times on topline growth
Apollo Tyres today reported an over 18-fold jump in net profit for its Indian operations during the quarter ended December 31, 2009, at Rs 102.03 crore, mainly due to robust growth in topline.

United Spirits mulls bond issue to refinance Rs 3,000-crore debt
United Spirits Ltd (USL), the flagship spirits arm of the UB Group, is looking at a bond offering within the next six months in an effort to refinance Rs 3,000 crore of debt.

News of the day

Tata Communications acquires Mosaic
Tata Communications has reached an agreement to acquire BT Group"s Mosaic business, which offers on-demand digital media management platforms, that manage content and workflow from production to distribution across collaborative market ecosystems.
Corporate

Dhanalakshmi Bank raises Rs 150 crore

Dhanalakshmi Bank today said it has raised Rs 150 crore by selling bonds to investors on a private placement basis. - OBC to open over 100 new branches by fiscal-end - City Union Bank to raise Rs 300cr - Axis Bank announces Somnath Sengupta as ED, CFO - Banks wash off hands of delayed, faulty mobile, email alerts - India owes $82.5 billion to foreigners: RBI - Banking sector tops m-cap rankings The bonds carry a rate of 10.30 per cent and have a tenure of five years and seven months. The interest payment will be on annual basis and the due date for the same would be September 30 every year, it said. UTI Technologies Services has been appointed as registrar and transfer agents and Axis Trustee Services Ltd as trustees.


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