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EVEREADY INDIA SET TO RESTRUCTURE DEBTS.
KOLKATA, Sep 3 Asia Pulse - Eveready Industries India Limited (EIIL) has said it will restructure its debts and approach financial institutions and banks to reduce interest rates on various types of loans.
"We will approach the institutions to extend a moratorium on loans and extension of repayment schedule," EEIL vice-chairman Deepak Khaitan told reporters after the company's annual general meeting.
"We will also sell out all our tea estates in Dooars," he said. The proceeds will help in reducing the debt burden.
Khaitan said the company had already approached lenders to reduce the rate of interest on debts from about 14 per cent at present to ...
- Vijay Singh trained Romantic Liaison confidently ridden by C.Alford, won the...
- News wire article from: PTI - The Press Trust of India Ltd. November 4, 2005 700+ words
...confidently ridden by C.Alford, won the Hilliard Cup, the main event of the races here today. The winner is owned by Deepak Khaitan representing Soom Stud Farm Pvt. Ltd. The team trainer Vijay Singh and jockey C.Alford scored a treble each. Punters...
- Kolkata, Oct.10 (PTI) Vijay Singh trained Romantic Liaison, confidently ridden...
- News wire article from: PTI - The Press Trust of India Ltd. October 10, 2005 700+ words
Lt Gen Arvind Sharma, Goc-In-C Eastern command, presented the trophy to the winner. Trainer Vijay Singh scored a treble while jockey C Alford booted home twice. Punters had a mixed day. Three favourites won in a card of seven events. (THROUGH ASIA PULSE)
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Source: HighBeam Research, EVEREADY INDIA SET TO RESTRUCTURE DEBTS.