Plans long term debt restructuring
Restructuring will help company to strengthen core business
Debt restructuring to address asset liability mismatch.
 
Epic Update : Infosys

Basab Pradhan on Twitter
%u2018Leaving Infosys to go back to start up world%u2019
Alert: Basab Pradhan was global head of sales & marketing at Infosys.
 
Epic Update : Neyveli Lignite

Finance ministry to seek SEBI waiver for Tamil Nadu (TN) PSUs in NLC divestment
Finance ministry to ask SEBI to give preference to TN PSUs in picking up stake.
 
Epic Update : Hindustan Media Ventures

Offer for sale (OFS) subscribed one time
HT Media divests 19.39 lakh shares in Hindustan Media Ventures
19.4 lakh represents 2.64 percent of the equity share capital of Hindustan Media Ventures
HT Media holds 76.94 percent stake in Hindustan Media Ventures
Final indicative price was at Rs 120/share same as the floor price.
 
Epic Update : Kalindee Rail

Kalindee Rail at Rs 65/share
Opens on September 3, closes on September 17 (last date to revise open offer price is August 29)
Speculation is that Jupiter may revise the price upwards.
 
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