#GOOD_TO_KNOW HDFC Ltd: The mortgage lender will raise up to | TEJGyan

#GOOD_TO_KNOW

HDFC Ltd: The mortgage lender will raise up to ₹7,000 crore by issuing bonds on a private placement basis. The base issue size for the secured redeemable non-convertible debentures (NCDs) is ₹5,000 crore with the option to retain an oversubscription of up to ₹2,000 crore.

HPCL: Shut one of the crude units at Vizag refinery on Tuesday, after an overheated line caught fire, said Chairman Mukesh Kumar Surana. The fire broke out at 3 pm and has been extinguished, the company said. No casualties were reported.

Hinduja Global Solutions: To hire up to 250 remote customer service representatives in Montreal, Quebec to support its ongoing growth of its Canadian entity.

Bajaj Electricals: Appointed EC Prasad, the existing Vice President – Finance and Finance Controller of the company, as Chief Financial Officer with effect from July 1.

Valiant Organics: Appointed Mahek Chheda as Chief Financial Officer with effect from May 26. Chheda will replace Piyush Lakhani who has resigned on medical grounds.

Nagarjuna Fertilizers and Chemicals: Appointed Sudhakar Rao Annam as Chief Financial Officer with effect from May 24.

AstraZeneca Pharma India: The company’s Q4FY21 net profit jumped nearly three-fold to ₹27.27 crore from ₹9.57 crore, while revenue rose to ₹210.25 crore from Rs 194.90 crore, YoY.

Motherson Sumi Systems: The Competition Commission of India (CCI) gave approval to a proposal pertaining to the intra-group reorganisation of the Motherson Group under the green channel route.

Source: Bloomberg Quint and CNBC