Fuel
Lanco Infratech, a realtor limited to power and road projects, with nearly Rs 23,000 crore of long-term debt, is negotiating with some banks for an easier loan repayment schedule. Sources said that the company is negotiating with individual banks for extension of loan tenure and lowering of interest cost as some of its power plants [...] Continue Reading »
On Saturday the residents of Vadakkarai junction near Red Hills quickly brought out their pots, pans and whatever else they could find to scoop out the diesel spilling out from a diesel tanker whose valve got damaged while negotiating a speed breaker.The tanker was carrying diesel to the Andhra-Tamil Nadu border via Red Hills. It [...] Continue Reading »
