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  • Sebi ban on pledging clients' funds to take a toll on bank guarantees: Analysts

    However, bank guarantees issued to stock brokers and clearing members form a miniscule 2.5-3% of the total bank guarantees issued by banks.

  • Pokarna jumps 9% on subsidiary‘s plans to expand capacity

    Pokarna jumps 9% on subsidiary‘s plans to expand capacity

    The company's wholly-owned subsidiary will invest Rs 325 crore to expand its quartz surfaces production output by 130 percent

  • Acquisitions may help co grow 40% in FY17: Borosil Glass

    Acquisitions may help co grow 40% in FY17: Borosil Glass

    Borosil paid for the aquisition by internal accruals, with Kheruka adding that the company does not have any debt in its balance sheet.

  • To set up 1980 MW thermal power plant in UP: Neyveli Lignite

    To set up 1980 MW thermal power plant in UP: Neyveli Lignite

    The Cabinet Committee on Economic Affairs (CCEA) has approved Neyveli Lignite Corporation's (NLC) proposal to set up a 1,980 megawatt (MW) thermal power plant in Uttar Pradesh (UP), Chairman SK Acharya told CNBC-TV18.

  • Texmaco Rail to acquire 76 pc stake in Bright Power

    Texmaco Rail to acquire 76 pc stake in Bright Power

    The acquisition will be funded through internal accruals of the company

  • Eye Rs 2000cr potential revenue via bus biz: JBM Group

    Eye Rs 2000cr potential revenue via bus biz: JBM Group

    Nishant Arya, executive director, JBM Group, says the company has invested Rs 500 crore at the group level for the business and is funding the same through internal accruals and debt.

  • ThreeSixty deal to boost co's performance manifold: Saksoft

    ThreeSixty deal to boost co's performance manifold: Saksoft

    Aditya Krishna, managing director, Saksoft, says the deal is 100 percent cash deal and has been financed through internal accruals and some debt.

  • Lodha buys London's MacDonald House worth Rs 3200 crore

    Lodha buys London's MacDonald House worth Rs 3200 crore

    The 150,000 square feet MacDonald House is the headquarters of the Canadian High Commission in Mayfair area and it is near the Grosvenor Square which is one of the prime properties is London.

  • Crisil expects NPAs to balloon from 3.3% to 4%

    Crisil expects NPAs to balloon from 3.3% to 4%

    Repayments coming up for the present year stands at about Rs 1.1 trillion. Crisil's Ramraj Pai feels about 70 percent of it will be financed through internal accruals, but the rest will have to be refinanced either locally or internationally.

  • Internal accruals to fund Rwanda acquisition: McLeod Russel

    Internal accruals to fund Rwanda acquisition: McLeod Russel

    Chief financial officer of McLeod Russel, Kamal Baheti tells CNBC-TV18that they plan to fund the acquisition of two Rwanda tea plantations via internal accruals.

  • Orchid Chem to repay FCCB through ECB, borrows $100 mn

    Orchid Chem to repay FCCB through ECB, borrows $100 mn

    K Raghavendra Rao, chairman and managing director, Orchid Chemicals spoke to CNBC-TV18 about the fund-raising the company has undertaken and strategies of the company going ahead.

  • Ultratech to spend Rs 11K cr in 3 yrs on expansion: Birla

    Ultratech to spend Rs 11K cr in 3 yrs on expansion: Birla

    Ultratech Cement, an Aditya Birla group company will incur a capital outlay of Rs 11,000 crore over the next three years for expansion of its major projects in Chattisgarh and Karnataka among other states.

  • Pain not over yet for the cash-strapped infra pack: Experts

    Pain not over yet for the cash-strapped infra pack: Experts

    The infrastructure sector seems to be building itself a tower of troubles. Not only are projects suffering due to a cash-crunch and waning investment sentiment, investors seem to be losing interest in the company stock too! Priyanka Dalmia of CNBC-TV18 has a report.

  • SBI says seeks between $1.1b-$3.3b capital infusion

    SBI says seeks between $1.1b-$3.3b capital infusion

    State Bank of India (SBI), the country's top lender, has sought a capital infusion of between Rs 50 billion and Rs 150 billion (USD 1.1 billion-USD 3.3 billion) from the government, its chairman said.

  • Venky's to spend Rs 107 crore on capacity expansion

    Venky's to spend Rs 107 crore on capacity expansion

    Poultry processor Venky’s India plans to spend around Rs 107 crore to expand and modernise capacities at its plants and open new retail outlets.

  • TGIF to focus on large format outlets in India

    TGIF to focus on large format outlets in India

    Bistro Hospitality Pvt Ltd that operates global casual dining restaurant chain, TGI Friday's (TGIF) in India today said it will open a minimum of two to three outlets every year and will focus only on large formats.

  • Vodafone looking to part pay debt taken for 3G/DP

    Vodafone looking to part pay debt taken for 3G/DP

    CNBC-TV18 learns that Vodafone may be looking to pay out a part of the USD 2 billion debt taken for 3G and broadband expansions.

  • Orbit Corp to launch 3 housing projects in FY12

    Orbit Corp to launch 3 housing projects in FY12

    Realtor Orbit Corp is planning to launch three new housing projects in FY12 and expects to fund these from internal accruals, a top official said on Wednesday.

  • Essar spins off shipping business from ports

    Essar spins off shipping business from ports

    Essar Shipping, Ports and Logistics is undergoing major restructuring where it will be split into two - Essar Ports Ltd, and the new entity, Essar Shipping Ltd. Shareholders will get 1 share of Essar Shipping and 2 of Essar Ports for every 3 shares of the old company.

  • To infuse Rs 400 cr via internal accruals: Techno Electric

    To infuse Rs 400 cr via internal accruals: Techno Electric

    Techno Electric & Engineering plans to raise money for a 200 megawatt wind power project, to be set in two phases. In an exclusive interview with CNBC-TV18, Padam Prakash Gupta, Managing Director of Techno Electric shares that the first phase of the project is to be funded by IFC Washington, Standard Chartered and DBS.

  • Acquisitions will be funded via internal accruals: WWIL

    Acquisitions will be funded via internal accruals: WWIL

    Sudhir Agarwal, CEO of WWIL, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about the results and his outlook for the company.

  • Richa Industries eyes Rs 240cr revenue in FY11

    Richa Industries eyes Rs 240cr revenue in FY11

    Sushil Gupta, the MD of Richa Industries, in an interview with CNBC-TV18’s Ekta Batra and Reema Tendulkar, spoke about the recent happenings in the company and the road ahead.

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