Sahara One Media mulls over fund-raising
Sahara One Media and Entertainment Ltd, the company that runs the Hindi entertainment channel 'Sahara One', is considering a fund-raise through debt, equity shares, preference shares, debentures or bonds to meet its business requirements.
MUMBAI: Sahara One Media and Entertainment Ltd, the company that runs the Hindi entertainment channel 'Sahara One', is considering a fund-raise through debt, equity shares, preference shares, debentures or bonds to meet its business requirements.
The company said in a regulatory filing to the Bombay Stock Exchange that its Board of Directors would meet today to consider options to raise funds including FCCBs, ADRs, GDRs or a suitable combination.
Vedant Hotels ties with Kamat Hotels for 10 years Vedant Hotels today said it has entered into an agreement with Kamat Hotels (India) for management of 'The Hotel Vedant' at Aurangabad in Maharashtra for a period of 10 years beginning from February 16, 2007.
As per terms of the agreement signed, the hotel would be renamed as 'Lotus Vedant'. Repairs and refurbishment of the hotel is currently in progress, Vedant Hotels informed the BSE. The agreement hinges on opinion of the management that the proposed association would be mutually beneficial in long-term, it added.
Andhra Pradesh Paper to raise up to Rs 20 cr Andhra Pradesh Paper Mills today said its Board of Directors has approved issue of equity shares on preferential basis to promoters to raise up to Rs 20 crore, subject to the approval of shareholders.
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