GE Shipping looks to raise up to Rs 400 cr via NCDs

Great Eastern Shipping Company (GESC) has plans to raise up to Rs 400 crore through issuance of non-convertible debentures by way of private placement.
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Reliance Industries#39; results for the quarter ended March 31, which were announced post market hours on Monday, were largely ahead of most analystsâ?? expectations.
In a joint statement ABB said it would combine its digital offering, which gathers information from machinery, with IBM#39;s expertise in artificial intelligence featured in its Watson data analytic
Manisha Girotra, who previously headed the Indian unit of Swiss bank UBS and is well known in the industry, said she expects deals in sectors such as financials, telecoms and pharmaceuticals to cont
The scheme is in the final stages of drafting and proposes to bring private vehicles under its umbrella in the last lap of its implementation. The model is only meant for non-air-conditioned vehicle
In line with the company#39;s strategy to establish global competency centers, offering the best talent in the market and making it available to customers globally, this DC also marks our expansion
Patel said the calls for protectionism in the US were on account of equity and domestic distribution issues which "textbook economics tells us should be addressed through domestic fiscal policy" suc
The discounts are being offered on iPhone 7, iPhone 7 Plus, iPhone 6, iPhone 6S and the iPhone SE.
In indemnity based insurance plans, an individual can visit their choice of healthcare provider to avail treatment. The insurer pays a fixed sum as a lump sum amount for this, which is also referred
The capital raising committee of the bank at a meeting held authorised to open the qualified institution placement (QIP) issue.
It#39;s board had agreed to lower the limit for the purchase of its shares and convertible debentures by FIIs, registered foreign portfolio investors (RFPIs), qualified foreign investors (QFIs) and
The G6 will retail in India for Rs 51,990 which implies that from sale of up to 12,000 units a month, the company is estimated to clock business of about Rs 499 crore in 2017.
Crude production at 3.09 million tonnes was 0.9 per cent higher than 3.06 mt in March 2016, an official statement said.
Additionally, promoter group firm Trishashna Holdings Investments Private (THIPL) has put in Rs 7.5 crore, bringing overall holding to 31.74 per cent in the company.
State-owned insurers like Life Insurance Corporation of India should not be allowed to invest in cigarette makers such as ITC, according to a public interest litigation filed in the Bombay High Cour
Economic Affairs Secretary Shaktikanta Das says that he is optimistic of the US administration that they will give consideration to India#39;s views on ongoing visa issues.
Coinciding with the Earth Day today, the Energy and Resources Institute (TERI), the Innovative Finance Foundation (IFF) and 3WAYSTE company signed an MoU to collaborate on the rollout of a breakthro
PUBLICLY-LISTED Cebu Holdings Inc. (CHI) remains bullish on Cebu and expects to double its revenue coming from its leasing and retail business. In the next five years, the company will sustain its cap
TO aid in the decongestion of the Manila airport, an airline executive disclosed that Cebu will be his company’s priority as it expands its fleet and increases the number of flights to various domesti
A JAPANESE firm, whose core business is in property development and resort management, is exploring more business opportunities in Cebu and Palawan. Haruna Yamaguchi, general manager of I Land Way Phi
THE Home Development Mutual Fund (HDMF) awarded Johndorf Ventures Corp. (JVC) as the “No. 2 Developer” for the Visayas and Mindanao in terms of take-out loan value in 2016. HDMF also acknowledged JVC
I AM now sharing the last half of Benny’s email (the 37-year-old grandson and eldest third generation family member) that he sent to me together with his Easter Sunday greeting.
DAVAO-BASED Mabuhay Car Rentals has acquired seven units of BMW 3 Series, its recent investment in Cebu’s flourishing tourism industry. The luxury vehicles acquired from Gateway Motors (Cebu) are in a
India Inc raised USD 1.69 billion from overseas markets in March 2017, up 11.6 percent from a year ago.
REPUBLIC Act No. 9505, otherwise known as the “Personal Equity and Retirement Account (PERA) Act of 2008,” provides taxpayers an opportunity to save for their retirement while saving on taxes. Under t
For the consolidated numbers for the fourth quarter of FY17 â?? the 45 percent growth in revenue was driven by 50 percent and 26 percent growth in refining and petrochemicals respectively.
Tata Group company Rallis India today reported 8.82 percent decline in profit after tax (PAT) at Rs 3l crore in the quarter ended March 31 compared to the same period last year.
THE Cooperative Development Authority (CDA) is not in favor with the repealing of the tax exemption for cooperatives as this will remove the distinction of cooperatives from corporations and partnersh
THE Davao City Tourism Operations Office (CTOO) noted a 13.13 percent increase in tourist arrivals in March this year. Data from CTOO showed that tourist arrivals in March increased to 166,451 from 1
This policy offers mandatory personal accident (PA) cover for all public as well as private modes of transport such as bus, train, flight, taxis, cab service by e-commerce aggregators, personal car,
Watch Reliance Industries Chief Financial Officer, Alok Agarwal, speak about the company#39;s Q4 earnings.
The Medical Council of India or MCI has issued a public notice to all physicians in the country asking them to prescribe drugs only by generic names. It has warned of disciplinary action against doc
IT industry body Nasscom today came out in defence of its members TCS and Infosys, saying the two accounted for only 7,504 -- 8.8 percent -- of the approved H-1B visas in 2014-15.
The new car, which will sport a completely redone exterior and interior styling, will take on the newly launched Tigor by Tata Motors, Xcent by Hyundai, Figo Aspire by Ford and Ameo by Volkswagen, a
Telecos will continue to face difficulties in fiscal 2018 as well and two of the top three telcos are set to "bleed" due to intense competition triggered after the launch of Reliance Jio, a report s

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