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Saturday, December 27, 2008
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Maruti starts exporting A-Star to Europe
Chola DBS Finance to raise Rs. 300 crore
MUMBAI: Cholamandalam DBS Finance on Friday said it will raise Rs. 300 crore through the issue of one crore preference shares to the promoters of the company. The preference shares would be convertible into equity shares within 18 months from ...
Life insurance industry’s achievement
CHENNAI: The life insurance industry has crossed the 10,000-branch mark. According to a release, more than two-thirds of the total 10,037 branches are located in semi-urban and rural pockets. The industry is providing direct employment to 3.07 ...
HDFC Bank raises over Rs. 1,700 crore
MUMBAI: HDFC Bank said it had raised Rs. 1,728 crore through the private placement of subordinated debt. The bank has issued unsecured non-convertible redeemable subordinated bonds in the nature of debentures, HDFC said on Friday in a ...
DoCoMo defers open offer for TTML
MUMBAI: Tata Teleservices (Maharashtra) Ltd. (TTML) on Friday said Japanese telecom major NTT DoCoMo’s open offer for a 20 per cent stake in the company had been deferred following a delay in approval from the Securities and Exchange ...
India Nippon Electricals pays 30 % interim
MUMBAI: India Nippon Electricals has declared an interim dividend of 30 per cent, that is, Rs. 3 per share on 80.79 lakh equity shares absorbing an amount of Rs. 242.37 lakhs for the year ending March 31, 2009, the company informed the Bombay ...
Blue Star awarded ‘Grade 1’ accreditation
CHENNAI: Blue Star, a leading central air-conditioning and commercial refrigeration company, has been awarded the highest accreditation of Grade 1 among energy service companies (ESCOs) by the Bureau of Energy Efficiency (BEE), a part of Union ...
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