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Kesoram Industries
Business  /  Published 23.06.21

Kesoram stalls work at rayon unit

The decision, which will affect around 2,500 workers employed in the unit, was taken as demand collapsed during the second wave of the pandemic...
By Our Special Correspondent in Calcutta

Business  /  Published 15.05.21

Kesoram rights

In the fourth quarter, the company posted a net profit of Rs 41.1 crore compared with a Rs 441.5-crore loss a year ago ...
By Our Special Correspondent in Calcutta

Business  /  Published 08.05.21

Kesoram Industries to consider equity issue

The market expects the company, headed by Manjushree Khaitan, could raise up to Rs 600 crore in two tranches...
By Our Special Correspondent in Calcutta

Business  /  Published 17.03.21

Kesoram borrows at over 20 per cent

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....
By Our Special Correspondent in Calcutta

Business  /  Published 09.03.21

Promoters of Kesoram to dilute stake

The company has issued 2.22 crore shares to nine banks and one financial institution...
By Sambit Saha in Calcutta

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Business  /  Published 11.02.21

Hindalco profit jumps 77% in Q3

The strong third quarter is due to a robust performance by Novelis and the domestic aluminium business...
By Our Bureau in Calcutta/Mumbai

Business  /  Published 01.12.20

Relief for Kesoram lenders

The cash component of the recovery would be 84-85 per cent, while the rest will be paid by issuing optionally convertible preference shares...
By Our Special Correspondent in Calcutta

Business  /  Published 26.11.20

Lenders clear Kesoram recast plan

Retire loans of Indian lenders by taking fresh loans from an overseas investor...
By Our Special Correspondent in Calcutta

Business  /  Published 11.11.20

GAIL net drops 8.5% on marketing loss

The company had posted a net profit of Rs 1,167.58 crore, or Rs 2.59 a share, in the year-ago period...
By Our Bureau in Calcutta, New Delhi

Business  /  Published 30.09.20

Kesoram Ind debt rejig

Names of US-based financial behemoth Goldman Sachs and India’s Edelweiss Group are doing the rounds...
By Sambit Saha in Calcutta


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