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    • Ashoka Buildcon plans to refinance loans worth Rs 3200 cr: Srcs

      Midcap infrastructure player Ashoka Buildcon is set to refinance a huge portion of its consolidated debt to bring down interest costs by at least 150-basis points, say sources.

    • Order book healthy; dip in debt levels: Motherson Sumi

      VC Sehgal, chairman, Motherson Sumi says, in an interview to CNBC-TV18, that the order book is healthy while the levels of consolidated debt reduced considerably during the quarter.

    • Jubilant Life to split business into two subsidiaries

      Board of Directors of the company at its meeting held on May 28, 2013 has accorded its approval to consolidate its pharmaceutical segment under two separate verticals, Jubilant Life Sciences said in a filing to BSE.

    • FinMin to rescue textile biz with Rs 35,000cr package

      CNBC-TV18's Rituparna Bhuyan reports that the finance ministry has agreed to the textile ministry's demands to support the sector with a Rs 35,000-crore debt restructuring package for the industry.

    • Indian Hotels to open 16 hotels in the current fiscal

      The hospitality major will open 16 new hotels in the current financial year and has plans to open 11 more hotels in the next 2-3 years.

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