Company Overview and News
For the full year,net loss reported to Rs 152.08 crore in the year ended March 2017 as against net loss of Rs 134.81 crore during the previous year ended March 2016. Sales declined 5.48% to Rs 527.79 crore in the year ended March 2017 as against Rs 558.37 crore during the previous year ended March 2016.
Videocon Industries increaseed their year-long loss to Rs1,367.94 crore—a whopping 24 times higher than the previous year
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Hindustan Construction Co on Friday said it has allotted 4.155 crore shares and 23.2 lakh optionally-convertible debentures to lenders, under a debt restructuring scheme. The company has allotted 1.586 crore shares to Axis Bank, 2.196 crore shares to Punjab National Bank and 37.3 lakh shares to Standard Chartered Bank. It also allotted 9.74 lakh convertible debentures to Axis Bank and 13.5 lakh CDs to PNB.
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