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Friday 30 September 2011

Good News for Koutons Retail

Finally a Good News for Koutons Retail, Koutons Retail said bankers approved debt recast plan and interest rate on debt would be reduced  led by Indian Overseas Bank.As part of the restructuring, part of the working capital will be converted into working capital term loan, to fund the firm's interest due for two years.

Battle between Inox & Anil Ambani for Fame India rights issue

Battle between Inox & Anil Ambani  for Fame India rights issue
Inox holds: 50.27% & Reliance Capital: 35.39%