AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
CORPORATE: Loan restructuring holds hope for Ruia Group as rupee falls.
from BUSINESS LINE, October 29, 2008 Kolkata, Oct. 28 - A timely restructuring of $125-million foreign currency loan (over Rs 600 crore at current exchange rate) may help Mr P.K. Ruia-led Ruia Group from the impact of falling rupee.
Group outfits such as Falcon, Monotona (both makers of two- and three-wheeler tyres) and Jessop are expected to survive the slowdown in the economy riding on OE demand from two-wheeler makers and railways respectively.
The economic crisis, however, leaves little hope for scaling up operations of Dunlop India. Out of two factories of Dunlop, only one is running at almost half of the projected 90-tonne capacity.
Responding …
-
- Ruia Group plans revamp of Dunlop, Falcon Tyres boards.
-
News wire article from: Business Line
December 31, 2005
700+ words
-
- RUIA GROUP BUYS 60 PERCENT IN GERMAN AUTO PARTS FIRM (the Group has call...
-
Magazine article from: India Business Insight
December 15, 2009
700+ words
-
- CORPORATE: Ruia pledges 51% Dunlop stake.
-
News wire article from: Business Line
April 24, 2009
700+ words
-
- Ruia to make open offer in Dunlop, Falcon Tyres.
-
News wire article from: Chemical Business Newsbase
December 16, 2006
700+ words
-
- DUNLOP PLANS TO RAISE $90 MILLION THROUGH PRIVATE PLACEMENT (the BIFR has...
-
Magazine article from: India Business Insight
March 22, 2007
700+ words
