PTI reported that JSW Steel plans to raise $600 million through overseas borrowings by March next year to prepay part of its rupee loan. JSW Steel's joint MD & CFO Mr Seshagiri Rao told PTI "e are planning to prepay INR 3,500 crore rupee ...
Tags: JSW SteeL, loan, Reserve Bank of India
A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), on RBI announcement of its Q2 review of monetary policy on 30th October 2012 wrote a letter to Finance Minister, Shri P Chidambaram. Dr Sakthivel in his letter stated that, ...
Tags: AEPC, Q2 review, garment exporters, interest rates
Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector
The crisis ridden textile industry heaved a sigh of relief consequent to the announcement of textile debt restructuring package of Rs.35,000 crores by the Finance Ministry following the concerted efforts made by The Southern India ...
Tags: textile industry, textile market, textile, subsidy benefits
PTI quoted a CII survey saying that a majority of units in the manufacturing sector are expected to register low to negative growth in the October to December quarter of this year, mainly due to high interest rates and increasing prices. ...
Tags: CII survey, CII Ascon, manufacturing sector
Royer Biomedical(RBI)wins FDA approval to progress human testing of AppliGel-G(Gentamicin)in management of diabetic foot ulcers(DFU). The patented proprietary dissolvable non-immunogenic polymer drug delivery system platform has ...
Business Standard reported that more clarity on talks to refinance loans for oil, steel, shipping and ports entities to emerge in a month or two; external commercial borrowing refinance a prime tool. With a combined debt of close to INR ...
Tags: Essar Group, debt burden, refinance loan, oil, steel
PTI reported that Indian companies raised USD 4.29 billion from overseas markets in October,up from USD 2.77 billion in the previous month.The money was raised through external commercial borrowings and foreign currency convertible bonds. ...
Tags: India, PTI, Indian companies
Facebook has been ordered by the Irish Data Protection Commissioner,Billy Hawkes,to turn off its face recognition feature. However Facebook intends the disabling of the face recognition tool to be only temporary."Our intention is to ...
Tags: Facebook, Recognition, Irish
Globalfoundries says it will match Intel in having 14nm finfet chips taped out next year and volume production in 2014.PDKs are available now. The process is running in GF's new fab in Saratoga County near New York. 14nm is the ...
Tags: Intel at 14nm, 2014.PDKs, mobile SoCs, finfet technology
Maxim is staking its future on integrated analogue in the belief that sales of analogue SoCs will overtake discrete analogue sales within two years. Asked by EW what integrated analogue means,Maxim responded:'Analogue has traditionally ...
Dr. A Sakthivel Chairman Apparel Export Promotion Council (AEPC), reacting to the RBI mid quarterly review of its monetary policy stated that, “We are not happy with the non reduction of repo rate in quarterly review. “The ...
Tags: AEPC, RBI, monetary policy, CRR
Reserve Bank of India(RBI)released Mid-Quarter Monetary Policy Review:September 2012 and reduced only the Cash Reserve Ratio(CRR)by 25 basis points and kept other key policy rates Repo Rate and Reverse Repo Rate unchanged. While giving ...
Tags: RBI, Mid-Quarter Monetary Policy Review, knitwear exporters
CrayoNano of Norway has grown GaAs nanowires on graphene, a patented hybrid material with competitive optoelectronic properties. "We have managed to combine low cost, transparency and flexibility in our new electrode," says Professor ...
Tags: Norwegians, Grow Gaas, graphene
Lumileds has boosted the efficiency of its'high-voltage'H50 lighting LEDs,and released details of its Luxeon Z range of small footprint high power density devices for white and coloured lighting. Designed for use in LED replacements ...
Tags: Lumileds Aims, Light Bulbs, Lights