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Torrent Power gets approval to raise Rs 1,500 cr through NCDs

Govt should suitably dispose of hazardous medical waste, said PHDCCI

Torrent Power gets approval to raise Rs 1,500 cr through NCDs

Press Trust of India New Delhi
Torrent Power on Friday said its shareholders have approved a proposal to raise up to Rs 1,500 crore through issuance of secured, redeemable, non-convertible debentures (NCDs).

"The special resolution to approve issuance of Secured, Redeemable, Non-Convertible Debentures (NCDs) not exceeding Rs 1,500 crore at par, on a private placement basis within the overall borrowing limits of the company has been approved by the majority vote," Torrent Power said in a BSE filing on Friday.

Govt should suitably dispose of hazardous medical waste. The government should come up with ways and means to suitably dispose of the hazardous medical and bio-wastes generated in all hospitals, industry chamber PHDCCI said on Friday.
 

The move would ensure that health workers and communities around them are not infected, it said in a statement.

The issue was deliberated upon during the India Hospital Summit-2017 which is organised under the aegis of PHD Chamber of Commerce and Industry.

It said the existing rules and regulations to regulate bio-medical wastes need to be complied with by all hospitals and nursing homes in and around Delhi and "non-compliance should be dealt with heavy penalties".

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First Published: Mar 17 2017 | 7:02 PM IST

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