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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A month after the insolvency and bankruptcy process kick-started, three companies -- Jyoti Structures, Monnet Ispat and Energy and Alok Industries -- have been admitted into proceedings by the Natio
After a series of whatsapp messages circulated on various groups on closure of nine banks, the Finance Ministry and the Reserve Bank asked consumers not to get swayed by such rumours. And more such
Secretary General of World Customs Organisation (WCO) Kunio Mikuriya on Friday appreciated the reforms undertaken by the government in the taxation system, including implementation of GST.
Former Cabinet secretary TSR Subramanian on Friday said that he regrets having allowed Genetically Modified (GM) cotton in the country over two decades ago.
Punjab Chief Minister Amarinder Singh on Friday announced Rs 42 crore as a dedicated fund for preservation of the state#39;s cultural heritage.
The BJP on Friday criticised Congress vice president Rahul Gandhi over his allegations against the Modi government on its Kashmir policy, saying these are #39;absolutely incorrect and utterly irresp
Markets regulator Sebi will auction eight properties owned by Parasrampuria Plantations Ltd and Shree Sai Space Creations Ltd next month for a total reserve price of over Rs 8 crore.
The Comptroller and Auditor General on Friday termed a request from the Bangalore airport operator to the government to waive more than Rs 9 crore owed by the now-defunct Kingfisher Airlines as #39;
<p>THE implementation of the martial law has no adverse effect on the transshipment of imported items to local ports in Northern Mindanao, a Bureau of Customs (BOC) official said on Friday, July
Tata Sponge Iron, an associate firm of Tata Steel, on Friday said its profit rose over three-fold to Rs 30.5 crore for the quarter ended June 30 on jump in operational income.
Tata Motors on Friday said it will consider a proposal to raise up to Rs 1,000 crore by issuing non-convertible debentures next week.
Haryana Chief Minister Manohar Lal Khattar on Friday said the previous government had left many #39;potholes#39; for the present dispensation to fill.
<p>RESPONDENT Errol O. Melivo filed a complaint for illegal dismissal with money claims before the National Labor Relations Commission (NLRC) against petitioners Oyster Plaza Hotel, Rolito Go, a
Suspected Lashkar-e-Taiba (LeT) operative Mohammed Saleem was on Friday sent to a seven-day custody by a court here after he was produced before it by the Uttar Pradesh Anti-Terrorist Squad.
<p>AIRASIA has announced its latest route to Kuala Lumpur, Malaysia with four times weekly direct flights from Davao starting on Jan. 21, 2018. </p> <p>Operated exclusively by AirAsi
Public sector Canara Bank on Friday reported a divergence of Rs 507.30 crore in its gross Non- performing assets (NPAs) for 2015-16.
Earlier, the apex court had extended to the entire country the Madras High Court order staying the May 23 notification of the Centre banning sale and purchase of cattle from markets for slaughter.
IT firm Persistent Systems#39; consolidated net profit increased by 2.5 per cent to Rs 75 crore for the quarter ended June.
<p>INCENTIVES for new ventures that will create jobs and boost business activities in the countryside are among the promises made under the 2017 Investment Priorities Plan (IPP).</p> <p
<p>ONLINE stock trading in the Philippines is on the verge of a major upswing as more investors turn to the online platform to invest in the equities market, said BDO Nomura, a joint venture bet
<p>TWITTER has launched a data-friendly version of its service called Twitter Lite, which will enhance Filipino users’ experience with real-time information on what’s happening around the world
<p>INVESTMENT pledges in Central Visayas registered with the Board of Investments (BOI) declined in the first and second quarters of 2017, compared with figures in 2016.</p> <p>Data
<p>AS a wake-up call to enhance private sector participation in climate initiatives, the Climate Change Commission (CCC) held its 2017 Regional Business and Climate Summit in Cebu, after organiz
Essar Groupâ??s lenders such as State Bank of India, ICICI Bank had given go-ahead three weeks back for the deal to take place, sources said
The trade facilitation agreement of the WTO would promote ease of doing business and global commerce as the pact aims at easing custom processes, government officials said on Friday.
Amtek Global Technologies would sell its UK-based subsidiaries#39; plants to the Liberty group.
A Group of Ministers (GoM) appointed by the Union Cabinet to look into disinvestment of Air India held its first meeting on Friday.
The 25-year-old brother-sister duo are twins and lead a large contingent of professionals at Reliance Jio
Indian-origin businessman Sanjeev Gupta has come to the rescue of hundreds of employees of a top British manufacturer of vehicle components.
Yamaha Motor India Sales today launched its first scooter boutique in India.
<p>DATA presented during a recent workshop in Pasay City attended by trade officials revealed that 15 percent or one billion of the world’s population are PWDs and 80 percent are in the working
The top drug regulator in the United States has made a strong pitch for generic drug companies. Speaking exclusively to CNBC, Scott Gottlieb slammed branded drug companies for creating obstacles to
The Centre on Friday told the Supreme Court that it #39;condemns#39; any kind of vigilantism in the country and it has no role to play in it as law and order is a state subject.
The Income Tax Department has set a collection target of around Rs 47,000 crore from Andhra Pradesh and Telangana in the current financial year, said a senior official on Friday.

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