News from other websites on Bifr
BHEL to see one-time expense of Rs 870 cr over BHPV amalgamation
Jun 12, 2013 at 19:32 | Source: The Hindu BusinessLine
New Delhi, Jun 12: State-run Bharat Heavy Electricals Ltd (BHEL) is estimated to see a one-time expenditure of about Rs 870 crore related to the proposed amalgamation of Bharat Heavy Plate Vessels with itself.Besides, there would be annual recurring...
Sick firms need better medicine
Jun 03, 2013 at 22:27 | Source: The Hindu BusinessLine
The ‘India Growth Story’, which had made global headlines a few years back, seems to be running out of steam. High interest rates and falling demand have started taking a toll on Indian industry. The policy response has been slow. What h...
JK Lakshmi Cement plans Rs 1,550-cr project at Chhattisgarh
Jun 02, 2013 at 23:52 | Source: The Hindu BusinessLine
Kolkata, June 2: JK Lakshmi Cement, part of the HS Singhania Group, has taken up a Rs 2,100-crore expansion plan, to be largely funded by debt. Shailendra Chouksey, Whole-time Director, told Business Line that the biggest portion of the expansion pr...
Andrew Yule posts Rs 11.35-cr net in FY13
May 30, 2013 at 19:12 | Source: The Hindu BusinessLine
Kolkata, May 30: Public sector Andrew Yule Co Ltd reported a net profit Rs 11.35 crore in FY’13 against Rs 11.85 crore in the previous year. The historic and diversified company, which is still under BIFR, is gradually reducing its accumulated...
May 25, 2013 at 00:22 | Source: The Hindu BusinessLine
Chennai, May 24: Madras Fertilizers Ltd has reported a net profit of Rs 35 crore on a total income of Rs 554.77 crore for the fourth quarter ended March 31, 2013. During the corresponding period in the previous year, the company reported a net profi...
Cabinet okays revival of 5 fertiliser units
May 10, 2013 at 00:11 | Source: Business Today
The government on Thursday approved the revival of 5 closed units of Fertiliser Corporation of India Ltd (FCIL) and waived Rs 10,644 crore worth of loans and interest provided by the Centre - a decision which would help boost domestic urea productio...
Cabinet okays revival of 5 fertliser units
May 09, 2013 at 23:35 | Source: Business Today
The government on Thursday approved the revival of 5 closed units of Fertiliser Corporation of India Ltd (FCIL) and waived Rs 10,644 crore worth of loans and interest provided by the Centre - a decision which would help boost domestic urea productio...
Cabinet okays revival of FCIL units
May 09, 2013 at 21:42 | Source: The Hindu BusinessLine
New Delhi, May 9: The Cabinet Committee on Economic Affairs (CCEA) approved the revival of five closed units of Fertiliser Corporation of India Ltd (FCIL) at Sindri, Talcher, Ramagundam, Gorakhpur and Korba. The revival of these closed units is expe...
dna special: More trouble for Bansal as CBI seizes docus on Singla's deals
May 06, 2013 at 09:51 | Source: DNA India
Railway minister Pawan Bansal is headed for more trouble as CBI investigators are expanding their probe on his nephew Vijay Singla, who was caught accepting Rs 90 lakh bribe for fixing a top-level position in the railway board. Searches by the inves...
HPL pins hopes on disinvestment by govt
May 06, 2013 at 08:57 | Source: Economic Times
KOLKATA: Financially troubled Haldia Petrochemicals Ltd (HPL) is pinning hopes on West Bengal government's disinvestment move in the company for fresh infusion of funds. "We are hoping that the entity which would buy out government's shares in HPL w...
Divestment plan: Haldia Petrochemicals pins hopes on stake sale
May 05, 2013 at 15:48 | Source: FirstPost
New Delhi: Financially troubled Haldia Petrochemicals Ltd (HPL) is pinning hopes on West Bengal government's disinvestment move in the company for fresh infusion of funds."We are hoping that the entity which would buy out government's shares in ...
Mercedes Benz set to take the Indian luxury car market by storm with five new models
May 02, 2013 at 13:42 | Source: Economic Times
STUTTGART:Mercedes Benz is betting big on its foray into the luxury compact car segment with as many as five models due for rollout in the Indian market. The company is all set to launch a diesel version of its B-Class , the new A-Class as well as t...
Coal India arm issues preferential shares worth Rs 2,539 crore
Apr 02, 2013 at 12:56 | Source: Business Today
Coal India (CIL) subsidiary Bharat Coking Coal Ltd (BCCL) has issued preferential shares worth Rs 2,539 crore to the company.These preferences are to be redeemed at the end of seven years from the date of issue of these securities. However, CIL woul...
MRPL on way to emerge a 21 MTPA refinery by 2030
Mar 30, 2013 at 23:07 | Source: DomainB
Mangalore Refineries and Petrochemicals Ltd (MRPL) is all set to become a 21 MTPA refinery even as the company diversifies with a pet coke gasification plant and a LAB (linear alkyl benzene) unit. This is in line with the perspective plan 2030 of Oi...
CIL plans venture with African Govt to secure coal assets
Mar 25, 2013 at 23:01 | Source: The Hindu BusinessLine
Kolkata, March 25: Coal India Ltd plans to form a majority joint venture with the provincial government of Limpopo in South Africa to acquire coal assets overseas. Mining contributes nearly a fifth of the domestic product of Limpopo, located on the ...
High Court slams Centre on failure to set up BIFR in western region
Mar 20, 2013 at 23:37 | Source: The Hindu BusinessLine
Mumbai, March 20: The Bombay High Court has pulled up the Union Government for not making any efforts to set up a Board for Industrial and Financial Restructuring (BIFR) in the western region.The court was also upset over the failure of the Centre t...
Mar 06, 2013 at 20:01 | Source: Business Today
Liquor baron Vijay Mallya He owns one of the world's most expensive yachts, a Formula One team and one of India's biggest premier league cricket teams. The net worth of liquor baron Vijay Mallya and his family has almost doubled to more than Rs 8,00...
More than 100 textile mills shut down in over 3 years: Sharma
Feb 28, 2013 at 00:31 | Source: The Hindu BusinessLine
New Delhi, Feb 27: As many as 104 private and public sector textile mills have shut down since 2009 on account of financial and labour problems, the Parliament was informed today. Referring to the Textiles Commissioner data, the Textiles Minister, A...
Coach makers await orders from last Rail Budget!
Feb 26, 2013 at 09:45 | Source: DNA India
When railway minister Pawan Kumar Bansal rises to present the Railway Budget for 2013-14 today, he will likely announce, among other things, how many wagons the ministry will procure from private players. However, tender for the current year is still...
UB Group cos shares plunge on banks’ move to recall loans
Feb 14, 2013 at 07:56 | Source: The Hindu BusinessLine
Bangalore, Feb. 13: With the banks ready to recall loans given to Kingfisher Airlines, a few of the UB Group companies will have to bear the brunt of the decision as their shares have been pledged with the lenders, as corporate guarantees. The total...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
