NTPC, India’s largest electricity generating company, on Friday said it has signed a term loan agreement with HDFC Bank for availing a loan of Rs 15 billion. The 15-year loan will bear an interest rate linked to 3-months MCLR of the bank, the company said in a statement. “This loan has a door-to-door tenure of […]
Day: July 13, 2018
Oil futures edge lower, set for big weekly declines, on oversupply concerns
Oil prices fell on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity. Brent crude dropped 35 cents, or 0.5 percent, to $74.10 a barrel by 0657 GMT. On Thursday it gained […]
Qatar Airways’ flight lands ‘off-centred’ on Kochi runway
A Qatar Airways’ Kochi-bound Airbus A330 aircraft carrying 306 passengers from Doha landed “off-centred” on runway due to adverse weather conditions today morning, damaging 12 runway lights. However, all passengers were safe, a Cochin International Airport Limited (CIAL) spokesperson said. Two flights – a Dubai-bound FlyDubai and an Emirates’ flight for Kochi – were delayed […]