CHENNAI PRESS NEWS

L&T Finance Ltd., the wholly owned subsidiary of L&T Finance Holdings Ltd., will receive $550 million in an ECB investment round anchored by IFC, a member of the World Bank Group, and BNP Paribas, Citibank, and DBS Bank Limited. July 4, 2019, Mumbai, India : In the first tranche, the investors have contributed $275 million. Of this, IFC is bringing in $125 million, which will be utilized by L&T Finance to expand its farm equipment finance bookby extending loans to farmers for buying equipment and modernizing farming. With the closure of this financing deal with foreign banks as lenders, L&T Finance has taken a step further in diversifying its funding sources. This follows the successful public issuances of Non-Convertible Debentures (NCDs) in March and April 2019, by L&T Finance Ltd. Mechanization of farming plays a crucial role in increasing agricultural productivity. However, purchasing a tractor and other farm equipment is a difficult decision f...

The Salon, which is Marie Claire Paris’ first outlet in Chennai, is brought to the country by B2C Network LLP - the exclusive Licensee for Marie Claire Paris Salon, Salon & Wellness, Just Nails and IIWA.  Chennai, 4 th July , 2019: Marie Claire Paris, the exclusive French lifestyle brand that forayed into the Indian beauty and wellness sector with the launch of its Salons and Salon & Wellness centers in Bangalore, Hyderabad, Pune and New Delhi now launches its first Salon in Chennai at the RK Salai; inaugurated by Mr. Roberto Bre, Head of Marie Claire Paris, Brand development India . (L-R) Mr. Pranab Nath- Chennai Franchisee, Mr. Vittal Shetty- B2C Network’s CEO , Mr. Roberto Bre- Head of Marie Claire Paris, Brand development India , Ms. Vandana Bhardwaj- B2C Network’s MD & Spokesperson, Mr. Fayaz Salahudeen- B2C Network’s MF associate Celebrating the launch by adding a bit of glitz and glamour with the Chennai Franchisee – Mr. Pranab Nath , B2C...