Monday, February 1, 1999
Ispat group seeks IFCI help to part-fund Andhra project
The Ispat group is in talks with the Industrial Finance Corporation of India (IFCI) for part-financing its 429 mw power project at Vemagiri in Andhra Pradesh. IFCI is appraising the plan for a possible Rs 350 crore loan support.
Hyundai scripts a new gambit, plans lease scheme to swell Santro sales
Want a brand new Santro at half its price? Relax. This has nothing to do with manufacturer Hyundai Motor India joining the price war. It is the result of a unique leasing scheme being worked out by Kotak Mahindra Primus, the financing company that recently entered into a memorandum of understanding with Hyundai Motor.
Lafarge seeks nod for full control of Tisco cement unit
French cement giant, Lafarge, which is set to take over management control of Tata Steel's cement division, has sought government approval for 100% ownership of the unit.
|
|
