Interest Cost

Exclusive | JSW Infra will be a listed port company in two years: CEO

The company, which initially set up as a captive port business to support JSW’s other businesses, now has a capacity of 173.2 million ton per annum (MTPA) with 9 ports and terminals under operation across the east, west and south of India. .

FCI saves Rs 749 cr in interest cost last fiscal

Food Corporation of India (FCI) has saved Rs 749 crore in interest cost in last fiscal through better debt management and also cut its losses towards storage and transit of wheat and rice, Food Minister Ram Vilas Paswan said today.

Debt refinancing to lower interest cost to 10%: Sadbhav Infra

Interest cost is expected to come down by Rs 80-90 crore, said Nitin Patel, Director of Sadbhav Infra.

Sadbhav Infra Projects looking to refinance 3 road assets

The recently-listed Sadbhav Infrastructure Projects Limited is going to undertake restructuring of three of its road assets to reduce interest costs, reports CNBC-TV18.

Your housing loan tax benefit depends on reason for loan

Housing loan can be taken for the purchase of a house or for the repairing of the house. And depending on the reason, the tax benefits change.

Is it a good idea to buy house using 20:80 loan scheme?

These schemes allow home buyers to purchase an under construction house by paying 20% of the property cost. Rest is financed by the bank and builder pays the interest when till the possession. This arrangement has its own advantages and disadvantages.

Tata Steel may sell 5.5% stake in Tata Motors: Sources

Tata Group may buyout Tata Steel stake in Tata Motors.

Interest cost to halve; to turn profitable in FY16: Suzlon

Suzlon Energy chairman Tulsi Tanti said the sale of its German subsidiary Senvion, which accounted for half of the group's revenues, would help the residual business grow at a faster pace.

Recent order won't aid Q4FY14; not divesting assets: IL&FS

Speaking to CNBC-TV18, MD Khattar, chief executive officer, IL&FS Engineering, says high interest costs are putting pressure on the company‘s bottomline.

Hoping to maintain double digit margins in FY14: HCC

Praveen Sood, CFO, Hindustan Construction Company says at the operating level, the company has always clocked double digit margins and hopes to continue the trend in the near future. It is the interest cost that has caused the previous losses.

JP Associates Q1 net up 141% on Rs 395cr exceptional gain

During Q1, sales of JP Associates rose around 11 percent Y-o-Y to Rs 3283 crore as demand picked up toward the end of the quarter.

Will reduce interest cost to 10% in FY14: Essar Ports

We do not face any interest pressure. Our EBITDA was Rs 1150 crore and interest cost was about Rs 530 crore, so, we are well covered, says Rajiv Agarwal of Esaar Ports.

Aim to reduce debt cost; net debt at Rs 13k cr: Hindalco

Hindalco Industries is contemplating options to bring down its debt cost. The company's net debt currently stands at Rs 13,000 crore

Delayed monsoon may push up cotton prices: Fitch

The rising trend in cotton prices is expected to continue in the September 2012-March 2013 cotton season, as a result of fall in acreage and delayed monsoon, rating agency Fitch said in its 2012 mid-year outlook on Indian textiles.

Banks, auto, realty & infra attractive now: Amisha Vora

Amisha Vora of Prabhudas Lilladher spoke to CNBC-TV18 of her expectations of the market going ahead.

No need to raise an instrument to retire debt: Jindal Saw

The stock of Jindal Saw got cut nearly 5% intra-day. Indresh Batra, managing director of the company joins CNBC-TV18 to talk of the company’s financial standing and highlight the way forward for the company.

See 5-10% downside, winter session next trigger: RBS

Nifty has fallen below the psychological 5000 mark. How is it looking going ahead? Devesh Kumar, head of equities, RBS India says that that near-term, the markets are likely to continue being range-bound. "There is no conviction, neither on the upside, nor the downside for now,” he says.