Thursday, Apr 25 2024 | Time 19:09 Hrs(IST)
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Business Economy


Glenmark Pharma plans to raise USD200 mn by USD denominated non-convertible unsecured bonds

Mumbai, Jul 18(UNI) Pharma Major, Glenmark Pharmaceuticals Ltd said that company has decided to tap the international bond market and is planning to raise around USD200 mn by issuing USD denominated
non-convertible unsecured bonds
The net proceeds will be used for repaying the existing debt. These bonds are planned to be listed on the Singapore Stock Exchange in order to establish the company’s track record in the globally recognised bond market.,Company said in a filing with BSE.
UNI JS SM1231
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Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 6:50 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

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Regulations to become more stringent, demanding in coming years : CUB MD

25 Apr 2024 | 6:40 PM

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.

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Arun Alagappan appointed Executive Chairman of Coromandel International

25 Apr 2024 | 6:34 PM

Chennai, Apr 25 (UNI) Mr Arun Alagappan was on Thursday appointed as Executive Chairman of
the Coromandel International Limited.

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ACC net jumps 300 pc to Rs 945 cr in Q4; Dividend at Rs 7 50 per share

25 Apr 2024 | 6:33 PM

New Delhi, April 25 (UNI) Adani Group Company ACC Limited (ACC), a cement and building materials company, today announced a 300 percent jump in net profit to Rs 945 crore during the fourth quarter of 2023–24, up from Rs 236 crore in the same quarter last year.

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25 Apr 2024 | 6:30 PM

Chennai, Apr 25 (UNI) The Board of Directors of Wendt (India) Ltd, part of Murugappa Group, met
on Thursday and approved the audited financial results for the quarter and year ended March 31, 2024.

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