"Markets" tag

Partial relief to Bhushan Steel, JSW, SKS Ispat

In a hugh relief to 3 private sector miners, Delhi High Court today said that any government order for de-allocating coal blocks of Bhushan Steel Ltd, SKS Ispat and Power Ltd, and JSW Steel Ltd...

KR Kamath appointed chairman of IBA

With effect from 1st October 2012, Shri K.R. Kamath has been appointed as chairman of  The Indian Banks’ Association (IBA) . Currently Kamath is the chairman and managing director of Punjab National Bank. Mr Kamat...

Chronicles of DCHL : Is it worth buying at Rs. 10

Is DCHL stock worth buying at Rs. 10 Like any fallen angel problem of Hyderabad based Publisher and owner of IPL team ‘Deccan Charger’, DCHL is far from over. Its latest attempt to monetize assets in order...

GroupOn – Strategic Analysis

GroupOn , Is it a marketing company? Is it a cash lending firm for small businesses?Is it a discount deal provider or is it just an accounting ponzi scheme? There are endless debates and many...

Jagran Prakashan seeks nod for Nai Dunia merger

In its filing to stock exchange Jagran Prakashan Limited has said Company is convening the meetings of the shareholders, secured and unsecured creditors. Hon’ble Allahabad High Court, directed company and its creditors to meet for...

Coal ministry de-allocates new Patrapara block

Suzlon seeks 4 months extension for FCCB repayment

Suzlon Energy Ltd today has sought approval from its bondholders to extend the repayment of foreign currency convertible bonds worth $220.8 mln that are due in October by four months. Company is scheduled to meet...

TataMotors to supply 320 CNG buses to Delhi govt.

Tata Motors Ltd has got an order for 320 buses running on compressed natural gas from the Delhi government for its integrated multi-modal transit scheme. The Delhi Integrated Multi-modal Transit System is the agency in...

Express Morning – News & Events for 12-Sep-2012

Mumbai : A summary of important events and top news paper headlines for 12-September-2012. Main Events : 09:30 am – RBI ED Padmanabhan to deliver a special address on financial inclusion at the 5th Financial...

Express Morning – News & Events for 11-Sep-2012

Mumbai : A summary of important events and top news paper headlines for 11-September-2012. Main Events : 09:30 am – Sugar Sector Meet – Food Minister Thomas, Shree Renuka CEO Murukumbi, Dhampur Mills CEO Goel,...

Welspun raises 355 cr debt for 50 MW solar project

For its 50 MW solar photovoltaic project in Rajasthan, Welspun Energy Ltd has successfully raised long-term project funding of 355 crore from a consortium of lenders. The consortium comprises of three state-owned banks and one...

ARSS Infra spikes on recast of Debt plan

ARSS Infra has entered into an agreement with its lenders to restructure its debt. At the end of 2011-12 (Apr-Mar), the ARSS had 249 cr of interest and principal amount due to its lenders non-payment...