Tag: Rs 200 crores

massive fire in cotton mill in rajkot
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Massive Fire in factory making cotton threads in Paddhari, loss of Rs 200 crores feared

Today in Rajkot, Fire broke out in factory making cotton threads in Paddhari, loss of valuables worth Rs 200 crores feared. Fire took place in Narendra Cotton in Paddhari on Rajkot Jamnagar highway. Fire fighters were called from Morbi and Jamangar. Cotton mill owner blamed that due to delay in fire fighters reaching the site, caused […]

amc office
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AMC gets AA+ credit rating; to launch bonds worth Rs 200 crores

Ahmedabad Municipal Corporation (AMC) issued its first bond in 1998, without a state government guarantee, raising Rs 100 crore. Both these bonds were taxable. The first tax-free municipal bond was issued in 2002 by the AMC, to raise Rs 100 crore for water supply and sewerage. AMC makes history by obtained AA+ credit rating by […]