Cholamandalam Investment and Finance Company is planning to raise capital upto Rs. 300 crore in one or more tranches. The directors of the company at a meeting held on Thursday, have approved the proposal to raise capital through private placement including qualified institutional placement, the company informed the stock exchanges.
Cholamandalam to augment capital
SBI waives minimum balance for savings accounts
Borg India launches solar power generators
New Companies Bill mandates CSR spending
Infosys denies large scale layoff
JW Marriott hotel coming up in Kolkata
Tata Starbucks opens first store
Yamaha to set up plant near Chennai
Natco Pharma wins cancer drug case
BharatBenz launches three heavy-duty trucks
SBI cuts interest on home, car loans
VIDEO
For the first time, the Chennai-based conservative Rane Group is looking beyond Indian shores to expand into. V. Ganesan of The Hindu caught up with Mr. L. Ganesh, the group's Chairman, for a talk on this and other issues. Watch on. Read the story here: http://thne.ws/Y0r7Jr
