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macrotech: Macrotech Developers aims to trim net debt to below Rs 6,000 cr by March

Real estate firm Macrotech Developers plans to decrease its net debt to under Rs 6,000 crore by March next year, down from Rs 6,730 crore in September. Macrotech aims to align net debt with operating cash flow, projected to be Rs 6,000 crore in 2023-24. The company reported positive Q2 performance, reducing net debt by Rs 540 crore and achieving strong sales. ....

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NSU scam: 4 accused granted bail

A Dhaka court today granted bail to four people, including Ashaloy Housing and Developers Managing Director (MD) Amin Md Hilaly, after they surrendered before it and sought bail in a case filed for laundering around Tk 304 crore from the funds of North South University ....

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