Skil Infra

The sale of immovable assets is under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (Sarfaesi) Act, 2002.

Stocks in news: Tata Steel, IOC, SpiceJet, Polaris, NHPC

Reliance Industries | Tata Steel | IOC | Kalindee Rail | Crompton Greaves | Managalore Chemicals | Tech Mahindra | Polaris | NHPC | ICICI Bank | SpiceJet | Glenmark Pharma | Sadbhav Engineering | Shasun Pharma | Colgate Palmolive and Cipla are stocks, which are in the news today.

Pipavav Defence gains 2% on news of foray into aviation biz

Shares of Pipavav Defence and Offshore Engineering Company (formerly Pipavav Shipyard) surged by over 2% in morning trade on the bourses today after the company announced a foray into the aviation sector.

Move over warships, make way for aircrafts: Pipavav

CNBC-TV18 reports that while the company is confident that the deal will be cleared, Pipavav is already getting into yet another deal. The shipyard has signed a pact with SKIL Infra and Airbus to facilitate aircraft repair operations.

SKIL Infra to raise funds via long-term debt

Nikhil Gandhi, group chairman of SKIL Infra, in an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said that the company is planning to raise funds through long-term debt to meet requirements.

Will repay complete debt of SKIL Infra: Pipavav Shipyard

Nikhil Gandhi, Chairman, Pipavav Shipyard in an interview with CNBC-TV18, said that the company is committed to repay USD 250 million debt which was secured for the fusion stake of Punj Llyod in Pipavav Shipyard. The company is in the process of raising the money from the open market for the same.