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

by www.moneycontrol.com
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.
Read Full Article On www.moneycontrol.com
Latest
As the financial health of state-run banks keeps deteriorating, the Reserve Bank of India has revised the Prompt Corrective Action (PCA) framework.
In what is a case of double-speak the Narendra Modi-led government seems to have gone back on its word to disallow Foreign Direct Investment (FDI) in multi-brand retail.
Nischint Chawathe, Senior Analyst, Kotak Institutional Equities
In the last two months, the auto sector has seen a few headline-grabbing developments almost all of which related to India#39;s push in electric vehicle space. With the noise building around a green
Organizations embarking on a digital transformation journey first needs to do away with their manual and paper-based processes which are responsible for delays and poor customer experience
To decode the impact of Goods and Services Tax on insurance space CNBC-TV18 spoke to Sandeep Batra, Executive Director, ICICI Prudential Life Insurance Company
Its net profit stood at Rs 23.98 crore in the year-ago period, the company said in a BSE filing.
Maj General Ashok Narula, head of the Army#39;s public information wing, said the Pakistani Army had been actively supporting infiltration.
Maj General Ashok Narula, head of the Army#39;s public information wing, said the Pakistani Army had been actively supporting infiltration.
"The ArcelorMittal and SAIL joint venture is in final stages and is progressing fast. The project may be finalised this month," Singh said while addressing media on three years initiatives and achie
The smartphone will go on sale again as an Amazon Exclusive on May 30 at 12 pm.
Two credit confirmation statements of USD 87.46 mn and USD 200 mn were also exchanged under the bank#39;s Buyers#39; Credit -NEIA (BC-NEIA) programme, Exim Bank said in a statement here.
Companies such as Airtel, Vodafone, Idea Cellular and Reliance Communication took part in the meeting with IMG to submit their list of recommendations so far, stated sources.
In a CNBC-TV18 exclusive, according to sources, the telecos have held their first level of meetings with the intra-ministerial group on telecom. Kritika Saxena gives more details.
The deal marks the company#39;s foray into the commercial real estate space, the firm said in a statement issued here.
Suzlon currently has an outstanding order book of 1,331 MW in wind power and 231 MW in solar. This does not include the orders under its forging and maintenance businesses
IDBI Bank,business,$40M Debt In Techno Electric Arm,"The rating downgrade takes into account the bank#39;s substantially weak operating and financial performance during fourth quarter of fiscal 2017
The company, which sold 1.56 million units last fiscal, expects to achieve the target on the back of favourable economy and government policies. "In volume terms we are planning to touch 2 million u
Videocon Industries has been under pressure after Dena Bank classified Videocon as a non-performing asset, when it reported its results for the quarter ended March 9.
In an interview to CNBC-TV18, Mayur Milak, Senior Research Analyst at IndiaNivesh Securities spoke about the impact of goods and services tax (GST) on airline sector.
Many midcap companies were trading at valuations which some would term expensive; hence, some bit of consolidation was required.
The company is backed by Narayan Murthy#39;s Catamaran Ventures, Venk Krishnan and Subba Rao of NuVentures, Kris Gopalakrishnan, co-founder of Infosys, Hemendra Kothari of DSP Blackrock, Atul Nishar
An investigative project by British news organisation The Guardian studied almost 1,000 pages of Facebookâ??s internal policies on content.
Here#39;s how small companies help launderers convert their black money into white.
With this acquisition, the company#39;s total DWT (deadweight tonnage) capacity now stands at 1.6 million and its average fleet age has fallen to 12 years from 13.5 years earlier, it said.
With the commissioning of the third unit, Bhel has successfully executed the 1,980 MW coal-based supercritical thermal power project in Uttar Pradesh, the company said in a regulatory filing.
The proverbial silver spoon is viewed by the world at large as an unfair advantage, but those born with it know that entitlement isnâ??t enough to justify ascension in these times.
In an interview to CNBC-TV18, Revati Kasture, Senior Director at CARE Ratings spoke about Reliance Communication#39;s loan downgrades.
The US-headquartered investment banking firm is primarily looking to invest in small business in a strategy known internally as â??platform buildsâ?ť
The first branch will come up Noida. In its first year, Paytm plans to expand to 31 brick-and-mortar branches and add 3,000 customers. By 2020, it plans to add 500 million customers.
The first branch will come up Noida. In its first year, Paytm plans to expand to 31 brick-and-mortar branches and add 3,000 customers. By 2020, it plans to add 500 million customers.
In an interview to CNBC-TV18, RK Bansal, Former ED of IDBI Bank spoke about Reserve Bank of India#39;s strategy regarding non-performing asset (NPA).
In India, the KFC has partnered with Smile Foundation and other organisations to feed over 10,300 underprivileged children every day, a KFC release said here today.
"The Tata Power Company Limited#39;s (TPC, Ba3 negative) results for the fiscal year ending March 2017 (FY2017), are within Moody#39;s expectations and continues to support its Corporate Family Rati

Recent News

Parliament to probe Eskom

Parliament has agreed to launch a full-scale inquiry into Eskom including its coal contracts with Tegeta and the reappointment of Brian Molefe as CEO.
Read Full Story

‘Unlike anything I’ve ever heard’: Manchester bombing witness talks to RT (VIDEO)

A witness to the Manchester terrorist attack has told RT how he watched the tragedy unfold and how shocked he was that “something like that could happen right on his doorstep.” Read F
Read Full Story

Russia to develop next-generation armored vehicles

A group of Russian soldiers emerged from a Tigr armored vehicle without so much as a scratch, after it was burnt out during fighting with Islamic State in Syria. This has prompted the Russian Federati
Read Full Story

South Korea fires shots at North Korea after object crosses border

Local media said the object may have been a drone.              
Read Full Story

India says it attacked Pakistan army posts in divided Kashmir

NEW DELHI (Reuters) - India said on Tuesday it had attacked and damaged Pakistani army posts in Kashmir as it sought to prevent militants infiltrating from the Pakistani side of the disputed region, b
Read Full Story

MPs to appeal to NSDC over pro-separatist websites in Ukraine

First Deputy Chairperson of Ukraine's Verkhovna Rada Iryna Gerashchenko has announced the Ukrainian MPs' intention to report to the National Security and Defense Council of Ukraine (NSDC) and
Read Full Story

PSU banks on brink of ticking off RBI. Find out which one needs corrective action

As the financial health of state-run banks keeps deteriorating, the Reserve Bank of India has revised the Prompt Corrective Action (PCA) framework.
Read Full Story

Bahrain protester 'killed in raid on sit-in' near Shia cleric's home

Activists say one protester has been killed in Diraz, home of the Gulf state's leading Shia cleric.
Read Full Story

Nato hit by Turkish veto on Austria partnership

Turkey vetoes Nato's co-operation with Austria, blocking the alliance's partnership activities with 41 countries.
Read Full Story

Bahrain police raid Shiite cleric’s town; 1 killed, 50 held

Bahrain police firing tear gas and shotguns entered a town on Tuesday morning where a monthslong sit-in has supported a prominent Shiite cleric who had his citizenship stripped by the government. At l
Read Full Story

Islamic State claims responsibility for deadly concert blast in Manchester, monitoring group says

Authorities believe a lone attacker denotated a bomb that killed at least 22 people, including many teenagers, leaving the concert.
Read Full Story

One dies in Ondo cult clash

Peter Dada, Akure A middle-aged man identified as Peter Sunday was reportedly killed during a clash that ensued between two rival cult groups in Ondo town, Ondo State. According to a source, the incid
Read Full Story