NHPC has received its board’s approval to raise Rs 4,500 crore through issue of corporate bonds on private placement basis. The company’s board gave approval for the same at the meeting held on July 22, 2016. In 2015-16, NHPC generated 23,404 million units of electricity. It had sales of Rs 7,347 crore with a net profit of Rs 2,440 crore. It is constructing five projects with total installed capacity of 4,290 MW, including 1,000 MW.
Ajanta Pharma has reported 22.01% rise in its net profit at Rs 99.91 crore for the quarter ended June 30, 2016 as compared to Rs 81.89 crore for the same quarter in the previous year. The company’s total income increased by 18.57% to Rs 421.47 crore for the quarter under review from Rs 355.45 crore for the corresponding quarter of the previous year.