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HCC chairman and managing director Ajit Gulabchand

HCC hope to raise Rs 2,000 crore

HCC hope to raise Rs 2,000 crore
The Hindustan Construction Company (HCC) is wishing to get around Rs 2,000 crore by raising the amount in the coming 2 to 3 years as stated by CFO Praveen Sood. According to him the company is planning to raise this amount by Lavasa IPO, asset monetization and the QIP. The Mumbai based company has reported [...] Continue Reading »

HCC’s dues of Rs 5,000 cr stuck in litigation

HCC’s dues of Rs 5,000 cr stuck in litigation
Hindustan Construction Company’s dues of Rs. 5, 000 crore, mainly with various government agencies, continue to be stuck in litigation, although a year has passed. Praveen Sood, group chief financial officer, HCC,told sources ,out of the dues of R5,000 crore, R1,000 crore is being battled out in courts for settlement while the remaining R4,000 crore [...] Continue Reading »



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