RIL raises $550 mn from Japanese banks

Reliance Industries Limited on Wednesday said it has raised $550 million loan for part-funding expansion of its petrochemical plant and new gasification unit from Japanese banks. "In continuation......

Tough task ahead for Indian Railways

Beating the economic slowdown with increased freight loading and passenger earnings while keeping the operating ratio in control would be the key challenges before the new railway minister.......

Global agencies keen on Bihar growth

Global financing agencies, including the World Bank and Asian Development Bank, have expressed keenness to invest in construction, power, health, tourism and rural development in Bihar. Head of......

Mumbai Metro seeks loan for second line from Japan

The Mumbai Metropolitan Regional Development Authority is planning to approach the Japan Bank for International Cooperation for loan for the Rs 10,000-crore (Rs 100 billion)second line of the metro......