credit period

Oil firms halt, resume fuel supplies to Air India


February 2nd, 2012 - 10:19 pm ICT by IANS
New Delhi, Feb 2 (IANS) Jet fuel supplies to cash-strapped Air India were halted for three hours by the three state-run oil marketing companies Thursday but resumed following government intervention.An ... Read more...

Posted in Business |

Air India owes Rs.2,310 crore to oil firms


November 23rd, 2011 - 6:52 pm ICT by IANS
New Delhi, Nov 23 (IANS) The government Wednesday said the debt-ridden national carrier Air India currently owes Rs.2,310 crore (over $440 million) to the state-run oil marketing companies."At the ... Read more...

Posted in Business |

India extends long-term credit to developing countries


April 6th, 2011 - 6:46 pm ICT by IANS
New Delhi, April 6 (IANS) India Wednesday launched a long-term concessional credit scheme to help build export infrastructure in developing nations, especially in Africa, the Gulf and neighbouring countries like ... Read more...

Posted in Business |

No “overdues” to oil companies, says Mallya


September 23rd, 2010 - 6:40 pm ICT by IANS
New Delhi, Sep 23 (IANS) Kingfisher Airlines Thursday said it does not have any "overdues" to oil marketing companies (OMCs). "We have given them (OMCs) a lot of money, so we do not ... Read more...

Posted in Business |

BHEL boiler auxiliaries division cuts cost, raises profit


April 5th, 2010 - 3:50 pm ICT by IANS
Chennai, April 5 (IANS) Strategic sourcing and value engineering in production have helped Bharat Heavy Electricals Ltd's (BHEL) boiler auxiliaries division at Ranipet near here to cut cost substantially and increase ... Read more...

Posted in Business |

Bharti Wal-Mart opens its first cash and carry store in Amritsar


June 9th, 2009 - 11:08 pm ICT by ANI
By Ravinder Singh RobinAmritsar, June 9 (ANI): With the Government allowing Foreign Direct Investment (FDI) in wholesale retailing, Bharti Wal-Mart private limited, the joint venture between Bharti enterprises and Wal-Mart has ... Read more...

Posted in Business |

Airlines to pay dues in six monthly instalments by March 2009 (Lead)


October 22nd, 2008 - 9:54 pm ICT by IANS
New Delhi, Oct 22 (IANS) India's airlines will clear their outstanding dues to oil companies in six monthly instalments and will be given an extended credit limit of 90 days to purchase ... Read more...

Posted in Business |

Praful Patel says Indian carriers to repay aviation fuel dues by March 2009


October 22nd, 2008 - 6:07 pm ICT by ANI
New Delhi, Oct 22 (ANI): Civil Aviation Minister Praful Patel today said that India''s airline companies are to repay upto 28 billion rupees outstanding aviation fuel dues to state-run refineries by ... Read more...

Posted in National |

Airlines to pay fuel dues in six monthly instalments by March 2009


October 22nd, 2008 - 3:45 pm ICT by IANS
New Delhi, Oct 22 (IANS) Airlines will pay all outstanding dues on aviation fuel to oil companies in six monthly instalments and will be given a credit limit of 90 days to ... Read more...

Posted in Business |

Airlines to pay fuel dues in instalments twice a year: Praful Patel


October 22nd, 2008 - 3:01 pm ICT by IANS
New Delhi, Oct 22 (IANS) Airlines will pay all the outstanding dues on aviation fuel to oil companies in instalments twice a year and will be given a credit limit of 90 ... Read more...

Posted in Uncategorized |

Deora to meet oil firms and airlines to resolve fuel bill impasse today


October 22nd, 2008 - 8:29 am ICT by ANI
New Delhi, Oct.22 (ANI): Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines here today in a bid to resolve their dispute ... Read more...

Posted in National |

Ministries to discuss airline fuel dues Wednesday


October 21st, 2008 - 8:52 pm ICT by IANS
New Delhi, Oct 21 (IANS) Petroleum Minister Murli Deora will meet his counterpart in the civil aviation ministry Praful Patel Wednesday to discuss the issue of huge dues owed by Indian airlines ... Read more...

Posted in Uncategorized |

Deora to meet oil firms and airlines to resolve fuel bill impasse


October 21st, 2008 - 6:58 pm ICT by ANI
New Delhi, Oct.21 (ANI): Petroleum and Natural Gas Minister Murli Deora will meet with representatives of state-run oil companies and private airlines on Wednesday in a bid to resolve their dispute ... Read more...

Posted in South Asia |

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