Kesoram Industries raises Rs 2,060 crore by issuing bonds This will help to repay the debts of a clutch of 11 Indian banks and infuse much needed working capital for the optimum operation of the cement business.
Kesoram Industries has raised Rs 2,060 crore by issuing bonds to institutions such as Goldman Sachs and Edelweiss, offering as much as 20.75 per cent interest in order to repay the debts of a clutch of 11 Indian banks and infuse much needed working capital for the optimum operation of the cement business.
The funds flowed into the company through two separate instruments a Rs 1603.50-crore of non-convertible debentures carrying a tenure of a little under five years and Rs 459.9 crore in the form of optionally convertible debentures with a tenure of 17 months.
A portion of Lake View Road in south Calcutta was renamed Basant-Sarala Birla Sarani on Wednesday evening.
Basant Kumar Birla, affectionately called “BK Babu”, was the son of industry doyen Ghanashyam Das Birla (GD Birla) and the patriarch of one of India’s most illustrious business families.
Sarala Birla, to whom Basant Kumar Birla was married by Mahatma Gandhi, was the guiding force in his life. In an interview with this newspaper during the 69th anniversary of their wedding, Basant Kumar Birla had said that he never went ahead with anything without her approval.
The stretch of Lake View Road, between its intersection with Rashbehari Avenue and Anil Roy Road, was renamed Basant-Sarala Birla Sarani at a programme organised by the Calcutta Municipal Corporation.
This study of archaeologist MN Deshpande’s work highlights the integrity and zeal of a true scholar
MN Deshpande was someone whose respect for the past was supreme. MN Deshpande.
Before anything else, a personal disclaimer, or rather, a claim: I briefly had the pleasure of knowing MN Deshpande. I met him not in the capacity of archaeologist and scholar, but as my school friend Mita’s grandfather, calling him Azoba as she did.
As Class XI students at Delhi’s Sardar Patel Vidyalaya, Mita and I often came back from school together to the Deshpande home. I was already interested in history, and although Madhusudan Narhar Deshpande was not the sort of grandfather to lecture teenagers floating around the house, I remember wonderful occasional conversations with him about ancient India.