Pantaloons Fashion & Retail, part of Kumarmangalam Birla led Aditya Birla Nuvo Ltd, will raise Rs 1,000 crore through issue of non-convertible debentures on a private placement basis. In a BSE filing, it said, "The Board of Directors has ...
Tags: shareholders, postal ballot, Apparel
Indian automaker Hindustan Motors (HM) is set to sell or lease its car manufacturing plant in Tiruvallur, Tamil Nadu, India to raise INR1.5bn ($24.1m). The company is currently seeking the shareholders approval through a postal ballot for ...
Workers are planning strike action at Premier Foods' Wigan bakery over use of agency labour and shift pattern changes, while the firm's bakeries at Birmingham and Greenford shut on schedule. Premier Foods makes Hovis-branded products at ...
Tags: Agriculture, Food
PTI reported that Bhushan Steel Limited said that it will seek shareholders nod to raise up to USD 1 billion through issue of fresh securities. The company said in a filing to the BSE “The directors of the company passed resolutions ...
Tags: USD, circulation, resolution
Business Line reported that Chennai based KCP Ltd has decided to exit the biotech business to concentrate on its core areas of engineering and cement businesses. A decision to this effect was taken at a meeting of the company’s ...
Tags: KCP, biotech business, Genome Valley, Turkapally