Confederation of Indian Textiles Industry (CITI) has welcomed the Central Budget 2013-14 presented by the Finance Minister, Shri P. Chidambaram in Parliament as a positive package for accelerating the recovery of the textiles industry. In a ...
Tags: CITI, Central Budget, Textile Sector
PTI reported that Essar Shipping is planning to convert around INR 800 crore of total INR 5,500 crore debt into dollar loans to bring down the interest burden. Mr AR Ramakrishnan MD of Essar Shipping said that "We are planning to convert ...
Tags: interest burden, financing cost, domestic and foreign banks