Business Daily from THE HINDU group of publications
Wednesday, May 06, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Wednesday, May 06, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS OUTLOOK: Maytas Infra draft debt recast scheme ready SBI Caps to fine-tune the package in discussion with 17 lenders. New Delhi, May 5 Maytas Infra Ltd said on Tuesday that it has worked out a draft Corporate Debt Restructuring (CDR) plan, which will now be fine-tuned by consultant SBI Caps after ... MODERNISATION: Cheap finance under TUF puts textile sector in a spot ‘Indiscriminate capacity expansion hits industry prospects’. Coimbatore, May 5 While the Government formulated the Textile Upgradation Fund (TUF) scheme with the intention of helping the sector to modernise, the lure of cheap ... ENVIRONMENT: Aqua farms asked to register with coastal authority In order to regulate coastal aquaculture and ensure that the practice does not harm the local environment, the Coastal Aquaculture Authority has asked all shrimp, lobster, crab, fin fish and mollusc farms to register with ... OUTLOOK: Rains seen building from South in 10 days Thiruvananthapuram, May 5 The prevailing western disturbance has brought in its wake scattered rain, thunderstorms and dust storms over northwest India during the past 24 hours further denting the mercury ... MERGERS & ACQUISITIONS: Saraswat Co-op Bank plans to acquire Anyonya Co-op Mumbai, May 5 Saraswat Co-operative Bank, India’s largest co-operative bank, has placed a valuation of around Rs 11 crore to acquire Anyonya Co-operative Bank, the country’s oldest ... ECONOMY: Banks told to raise lending to beat recession Thiruvananthapuram, May 5 Banks in Thiruvananthapuram district have been asked to raise their lending operations in order that the squeeze on credit bequeathed by the global recession unwinds and risk appetite ... CORPORATE BONDS: ‘Negative’ outlook for StanChart India bonds Mumbai, May 5 The rating outlook on subordinated bonds of the Indian operations of Standard Chartered Bank (SCB India) has been downgraded to ‘negative’ from ‘stable’ by credit rating agency Crisil. The rating on ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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