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GOL OFFSHORE MAY SELL ASSETS TO REPAY LOANS
Media reports indicate that GOL Offshore may use its unencumbered assets to raise funds for repaying the FCCB, which was due for redemption in October. While the company was to repay the bond holders in October 2012, it sought extension of the repayment period till April, which the bondholders rejected...
Foreign Currency Convertible Bond, Fccbs, GOL Offshore, Debt, Loan, Repayment, Asset, Liability, Finance, Investment
SUZLON PLANS TO RAISE UP TO RS 5K CR
Suzlon Energy has plans to raise Rs 5,000 crore from the secondary market and increase its borrowing limit to Rs 10,000 crore from the present Rs 7,000 crore....
Infrastructure, Today, Suzlon, Energy, Adrs, Gdrs, Fccbs, IDFC, QIP, Equity
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Cairn India Awaits Govt Nod For Rs 50 Bn Investment Plan
Cairn India is awaiting government approval for an over-arching integrated block development plan which envisages investment of Rs 5,000 crore on its Rajasthan oil fields between 2013-2016. The company is also awaiting government decision on extending the Production Sharing Contract (PSC) of the R.
 
Indian Domestic Air Fare Touches Sky This Diwali
On Diwali eve (November 12, Monday), a one-way ticket for that evening's flight from Delhi to Lucknow, barely an hour's journey, was going over Rs 30,000. A Delhi-Bangalore ticket for Tuesday was between Rs 9,500 and Rs 42,500..
 
Vizag To Have Int’L Air Cargo Terminal
Andhra Pradesh’s major port city, Visakhapatnam would have a full-fledged international air cargo terminal by April 2013. Vizag is now directly connected to Dubai, and by October, it is likely to have air connectivity with Singapore as well..
 
Tata Steel Hopes To Get Temporary Work Permit Soon
Tata Steel hopes to get the temporary working permit soon to resume mining at the chromite mine in Sukinda, Odisha. The company had to halt mining at the mine as its lease validity, which was valid for 20 years, expired on January 11. The mine has the capacity to produce 2.4 millio.
 
Tuticorin Port To Invest Rs 700Cr For Coal Handling Facilities
The Tuticorin Port is planning to develop coal handling facilities for Neyveli Lignite Corporation and Coastal Energy Company with a combined investment of around Rs 700 crore. .
 
Gppl In Talks With Essar, Swan For Lng Terminal
GPPL is in talks with the Essar Group and Swan Energy to form a consortium for setting up a Liquefied Natural Gas terminal project at Pipavav, Gujarat. .
 
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