Muthoot to raise Rs1800 cr this yr

| | Mumbai

Muthoot Fincorp, the flagship company of Muthoot Pappachan Group on Thursday said it is looking at raising close to Rs1,800 crore through various routes during the current fiscal.

The company is planning to raise Rs1,000 crore through issuances of non-convertible debentures and another around Rs800 crore through PE funding. “We are looking at a PE funding of Rs600-800 crore this year,” company's Chairman and Managing Director Thomas John Muthoot told reporters.



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Tests rule out bats as source of Nipah virus in Kerala

27 May 2018 | PNS | New Delhi

The Nipah virus mystery deepened on Saturday as the samples collected from bats in Kerala’s Kozhikode and Malappuram districts, where 13 people have died of the infection, have tested negative for the virus. A report submitted by a central medical team to the Union Health Ministry also ruled out pigs to be the primary source of the virus...

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28 May 2018 | PNS | New Delhi

Youth symposium at Gumla Vikash Bharti Bishunpur will organize youth symposium-2018 on May 28 at Gumla. The programme will be inaugurated by Chief Minister, Raghubar Das in the presence of other dignitaries...

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