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Showing posts from January 18, 2019

CPCL’s Cyclothon adds energy to awareness on fuel conservation

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Shri S.N. Pandey, Managing Director, CPCL flag off the cycle rally Shri S.N. Pandey, Managing Director, CPCL and actor Bharath CPCL’s Cyclothon adds energy to awareness on fuel conservation Organised in support of the initiative of Petroleum Conservation Research Association under the aegis of Ministry of Petroleum & Natural Gas, Government of India Chennai campaign is one among the events planned in 200 cities throughout the country Cine Actor Bharath, TV celebrities of small screen fame Actor Sujitha, Actor Amit & Actor cum Anchor Sriranjani plus sports personalities representing Tamil Nadu Ranji team Captain Baba Aparjith and Indrajith lead the rally Chennai, 20 th Jan 2019: At Manali, the day broke today (20 th Jan) with an awareness campaign at its high spirits and on fuel conservation. Over 1500 individuals cycled their way to drive home the message. Actor Bharath, upcoming cricketers Baba Aparajith and Baba Indrajit...

IIFL Finance to raise up to Rs. 2,000 crore via Bonds IIFL Bonds offer yield of 10.50% p.a. for individuals and 10.35% for institutional category fortenor of 120 months

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IIFL Finance to raise up to Rs. 2,000 crore via Bonds IIFL Bonds offer yield of 10.50% p.a. for individuals and 10.35% for institutional category fortenor of 120 months Chennai: IIFL Holdings Limited, today said, its subsidiary, India Infoline Finance Limited (IIFL Finance), a leading Non-Banking Financial Company, will open a public issue of bonds on January 22, 2019, to raise up to Rs. 2,000 crore , for the purpose of business growth and expansion.  The UK-based CDC Group backed IIFL Finance will issue secured and unsecured redeemable non-convertible debentures (NCDs), aggregating to Rs 250 crore, with a green-shoe option to retain over-subscription up to Rs 1,750 crore (aggregating to a total of Rs 2,000 crore). The IIFL Bonds offer highest yield of 10.50% p.a. for Individual and Other categories, and 10.35% for Institutional category, for tenor of 120 months with frequency of monthly and annual payment. The other tenors offered are for 39 and 60 months. ...