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GE Shipping to buy energy efficient vessel

GE Shipping to buy energy efficient vessel

Great Eastern Shipping Company (GE Shipping), which has a fleet size of 33 vessels, plans to add fuel efficient tankers with new eco design features that would be compliant with Energy Efficiency Design Index requirements. In this regard, the company, has placed an order for a new Medium Range Product Tanker of about 50,000 dwt with

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Bankers to take final call on debt recast for Suzlon

Bankers to take final call on debt recast for Suzlon

Reports indicate that lenders of the debt-ridden Suzlon Energy may meet soon to take a final call on the corporate debt restructuring (CDR) exercise. Suzlon has asked bankers to provide the company with fresh loans of Rs 2,000 crore to meet payment requirements, Rs 3,000 crore as a working capital loan and a

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Bankers to take final call on debt recast for Suzlon

Bankers to take final call on debt recast for Suzlon

Reports indicate that lenders of the debt-ridden Suzlon Energy may meet soon to take a final call on the corporate debt restructuring (CDR) exercise. Suzlon has asked bankers to provide the company with fresh loans of Rs 2,000 crore to meet payment requirements, Rs 3,000 crore as a working capital loan and a

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GVK awards Rs 19.8 bn order to L&T

GVK awards Rs 19.8 bn order to L&T

GVK project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction. In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments

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