Post Tagged with: "Qualified"

Ashok Leyland raises Rs 667 crore via Qualified Institutions Placement

Ashok Leyland Ltd, flagship of the Hinduja Group, has raised Rs 667 crores via a Qualified Institutions Placement (QIP). The capital raising comes on the back of a strong operating margin performance in Q4 – reflecting cost reduction and margin improvement measures, as well as the expectation of a turnaround in the domestic CV market. The QIP, launched on 26th[Read More…]

by July 10, 2014 Finance, Newscast, OEM, Web Exclusive