Novelis Inc., Hindalco’s overseas arm, raised $750 million through 6.88% five-year bonds. Proceeds will repay $738 million in credit facility debt and support corporate purposes, bolstering its global aluminium operations.
Info Edge shares drops 4% despite 22% YoY jump in Q4 net profit; revenue up 16%
Info Edge shares saw a dip on Monday even as the company announced strong financial results. Net profit for the March quarter rose 22 percent