TMCnet News
CESC TO RAISE Rs900 CRORE, APPOINTS INDEPENDENT DIRECTOR(Indian Business Insight Via Acquire Media NewsEdge) CESC Ltd is planning to raise Rs900 crore ($150 million) by selling securities to Indian and foreign institutional investors. It has appointed Pratip Chaudhuri, former chairman of State Bank of India, as an independent director. The appointment of Pratip Chaudhuri is for five years with effect from 1 Oct 2014. |