RBI has extended its flexible refinancing and repayment option for long-term infrastructure projects to existing ones where the total exposure of lenders is more than Rs 500 crore.
The Cabinet Committee on Economic Affairs Wednesday had said stalled projects where 50 percent of the work was completed by November 2014 would be eligible for one time financial assistance for completion.
Roads secretary Vijay Chhibber says 8000 km roads were awarded last year, and this year the aim is to award 10,000 km. The strategy, going ahead, is to award atleast 10,000-12,000 km every year, he says
The company had a target of 5500 kms of which 3500 kms was to be done under engineering, procurement and construction (EPC) and the remaining 2,000 under build–operate–transfer (BOT).
Finance Minister said his fisc numbers are right and slammed the critics for questioning the integrity of north block.
The fertiliser company National Fertilizers Limited (NFL) plans for an FPO which could be coming up anytime soon. Satish Chandra, CMD of NFL, in an interview with Udayan Mukherjee, said that the company plans to raise Rs 100 crore through the IPO which will be an equity contribution.
In an interview with CNBC-TV18, Satish Chandra, CMD, Madras Fertilisers says, he expects loan waiver of Rs 550 crore from government in three months.
Satish Chandra, Chairman, Madras Fertilizers speaking to CNBC-TV18, spoke about the latest happenings in the company and the road ahead.
In an interview with CNBC_TV18, Satish Chandra, chairman and managing director of Madras Fertilizers and also the joint secretary of Department of Fertilisers, spoke about the latest happenings in his sector and the road ahead.
In an interview with CNBC-TV18, Satish Chandra, CMD, Madras Fertilisers gave his perspective and expectations on the fertiliser secretary's revival proposal for the company.
Satish Chandra, CMD of Madras Fertilizers, in an interview with CNBC-TV18’s Latha Venkatesh, spoke about the recent happenings in his company and the road ahead.