Pranav Nambiar

Articles By Pranav Nambiar

74 Articles

Finmin denies Air India request to treat equity infusion as grant

The ministry of finance has not accepted a proposal by Air India to treat Rs 4,300 crore of the government’s equity infusion into the airline...

Air India free ticket News

Torrent Power seeks 5/25 relief for project with Rs 1,300-cr debt

Torrent Power is seeking relief via the 5/25 scheme for one of its power projects for which banks have lent it approximately Rs 1,300 crore...

Torrent Power seeks 5/25 relief for project with Rs 1,300-cr debt

Tough choices: Europe weighs heavy on Tata Steel

The steel maker braces for another tough year even as it looks to sell its long products business in Europe

Tough choices: Europe weighs heavy on Tata Steel

V4 India cooperation will be interesting: FM Péter Szijjártó, Hungary

The Hungarian PM has spoken about the shifting global world order with the East gaining importance.

V4 India cooperation will be interesting: FM Péter Szijjártó, Hungary

Unsuccessful CDR exits hit Rs 27,000 crore in FY15

Enterprise service provider Tulip Telecom, EPC player Indu Projects, Vibha Agrotech and engineering firm Apex Encon Projects...

one rupee News

Hindalco refinances Rs 7,000-cr loans to ease Mahan repayment

Net profit for March quarter slips 36% to Rs 160 crore

Hindalco refinances Rs 7,000-cr loans to ease Mahan repayment

Out of 5/25 net, Punj Lloyd seeks Rs 3,000 cr more

The cash-strapped diversified engineering, procurement and construction conglomerate Punj Lloyd is looking to tap banks for an extra Rs 3,000 crore...

Industry News

Haldia account not to be an NPA for banks

RBI provides special dispensation enabling bankers to treat the company’s exposure as standard account

Haldia account not to be an NPA for banks

UltraTech cements spot with Jaypee unit buys

UltraTech Cement will likely acquire Jaiprakash Associates’s (JAL) 2.2 million tonne per annum (mtpa) cement units in Bhilai...

Ultratech News

Essar Ports seeks relief on Rs 6,000-cr loans under 5/25

The Ruia family-promoted Essar Ports has sought relaxed loan terms from bankers even as it plans Rs 3,000-crore ...

Essar Ports seeks relief on Rs 6,000-cr loans under 5/25

Rs 25,000 cr loans get 5/25 relief

Uttam Galva, Jaypee, Adani groups benefit

gautam adani News

Govt must rev up infra engine for electric cars to pick up: VS Parthasarathy

Though there are some early signs of economic recovery, rural demand remains tepid as unseasonal rains and weak income growth continue to be overhangs...

Govt must rev up infra engine for electric cars to pick up: VS Parthasarathy

Five PSU banks declare GTL an NPA, company says not aware

Among the 17 lenders to the company are Bank of Baroda, Bank of India, Union Bank and United Bank of India, while the consortium leader is IDBI Bank.

Banks, sbi bank, icici bank, rbi rate cut News

Standalone stores in India will help us showcase brands: Wang Guodong

Chinese handset maker Huawei Technologies, which sells phones in India through two brands — Huawei, available at brick-and-mortar stores and Honor...

Standalone stores in India will help us showcase brands: Wang Guodong

Banks develop cold feet on 5/25

Scheme yet to see a single beneficiary since launch in July

Banks develop cold feet on 5/25

Patel Engineering handed another Rs 1,700-cr lifeline

Bankers to Patel Engineering have sanctioned additional term loans of R1,700 crore and enhanced working capital...

Patel Engineering handed another Rs 1,700-cr lifeline

Favourable tax pacts must for India to be export hub: Sumit Sawhney

With the help of the newly launched multi-purpose vehicle (MPV) Lodgy and the small car that is expected...

Favourable tax pacts must for India to be export hub: Sumit Sawhney

Uttam Galva seeks 5/25 refinancing

The Miglani family controlled Uttam Galva Group has joined a growing list of steel companies exploring the option of refinancing loans.

Uttam Galva seeks 5/25 refinancing

We see a huge opportunity in the consumer foods business: R Mukundan, Tata Chemicals

There seems to be no relief for fertiliser companies as subsidy overhangs and delays in payments continue under the BJP-led government.

We see a huge opportunity in the consumer foods business: R Mukundan, Tata Chemicals

Navi Mumbai airport project in land tangle, cost up 3-fold

Meanwhile, Cidco is expected to incur a Rs 2,700-crore investment on pre-development work on the site, which consists of levelling land, hill cutting, river diversion, etc.

Navi Mumbai airport project in land tangle, cost up 3-fold

Aircraft selection keeps our costs lower than competition: Shyson Thomas, Air Pegasus

New airlines are not in a position to fill their seats completely, especially immediately after launch.

Aircraft selection keeps our costs lower than competition: Shyson Thomas, Air Pegasus

Gitanjali Gems gets fresh Rs 4,300-cr recast

Gitanjali’s consolidated sales fell 24% year-on-year (y-o-y) to Rs 12,436 crore in FY14, driving down the Ebitda by 22% to Rs 812 crore.

Gitanjali Gems News

Sufficient cash generation to help company grow: Himanshu Kapania, Idea

India, which currently has 850 million subscribers, will add 350-400 million new telecom users in the next 5-6 years. Idea Cellular and a few other telecom players are in best position to tap these users.

Sufficient cash generation to help company grow: Himanshu Kapania, Idea

Top bankers seek forbearance extension by a year, RBI reluctant

RBI has rejected a proposal by bankers to extend the date of forbearance for provisions on restructured loans by another year, according to two bankers privy to the discussions held on Monday.

Top bankers seek forbearance extension by a year, RBI reluctant

We are aiming for 15% share in the heavy duty trucks market: AK Birla, Volvo Eicher Commercial Vehicles

With the medium and heavy commercial vehicle (M&HCV) segment showing signs of revival, Eicher Motors expects to increase its market share with its newly launched ‘Pro’ series trucks.

We are aiming for 15% share in the heavy duty trucks market: AK Birla, Volvo Eicher Commercial Vehicles

Indosolar gets more time in the sun with second loan recast

Lenders to Indosolar, India’s largest solar photovoltaic (PV) cell maker by capacity, may give the loss-making company...

Indosolar gets more time in the sun with second loan recast

Bankers give Bhushan Power & Steel Rs 5,000 cr more

Lenders to Kolkata-based Bhushan Power & Steel (BPSL) have given the company additional loans of close to Rs 5,000 crore...

JSPL, Jindal Steel, Jindal Steel and Power, JSPL Q2 results News