NJ governor candidate Christie won't end loan to ex-colleague in US Attorney's officeAugust 25th, 2009 Candidate Christie won't end loan to ex-colleagueRINGWOOD, N.J. — The Republican challenger in the New Jersey governor's race says he won't ask a federal prosecutor to end the mortgage loan he took out for her even if he is elected governor.
Fortis acquires 10 Wockhardt hospitalsAugust 24th, 2009 Indo-ASIAN NEWS SERVICE
NEW DELHI - Super-speciality hospital group Fortis has acquired 10 hospitals from Wockhardt for Rs.909 crore, the company said Monday. With this acquisition, the Delhi-based Fortis will add 1,902 beds, including 534 beds in the two ongoing greenfield projects of Wockhardt in Bangalore and Kolkata, taking its total capacity to 5,202 beds in 38 hospitals.
Himachal firm goes for Rs.143-crore expansionAugust 24th, 2009 SHIMLA - Himachal Pradesh-based knitting and weaving products firm Winsome Textile has outlined a Rs.143-crore expansion programme after banks approved its debt restructuring plan, a top company official has said. "After getting clearance from banks for debt restructuring, we have plans to invest Rs.143 crore in three divisions -- spinning, dyeing and power," managing director Ashish Bagrodia told IANS.
Sinclair Broadcast in deal to pay off $438 million in senior notes with new debt, shares jumpAugust 21st, 2009 Sinclair Broadcast, debt holders reach dealNEW YORK — Shares of TV station owner Sinclair Broadcast Group Inc., which has been suffering from a decline in advertising, jumped Friday after the company said it had reached a deal to pay off about $438 million in convertible notes with new debt. Its shares advanced 83 cents, or nearly 40 percent, to $2.98 in morning trading.
WesBanco revises Q2 results lower due to bad real estate loanAugust 10th, 2009 WesBanco revises Q2 results lowerWHEELING, W.Va. —WesBanco Inc.
Federal judge approves expansion of Smoky Canyon phosphate mine into Idaho roadless areaAugust 6th, 2009 Judge approves phosphate mine expansion in IdahoBOISE, Idaho — A federal judge has given approval for the expansion of the Smoky Canyon phosphate mine into a roadless area near Yellowstone National Park, but an environmental group is already promising to appeal the ruling. In a 53-page decision handed down late Tuesday evening, U.S.
First Niagara purchasing Harleysville National for $237 million in all stock dealJuly 27th, 2009 First Niagara to acquire Harleysville NationalBUFFALO, N.Y. — First Niagara Financial Group Inc.
Mass. company gets $43 million loan guarantee from US for flywheel energy storage in NYJuly 3rd, 2009 Mass. firm gets loan for NY energy storage systemTYNGSBORO, Mass. — A Massachusetts company says the federal government has approved a $43 million loan guarantee to help finance a 20-megawatt energy storage system for New York's electrical grid.
Apollo Hospitals to raise funds for expansionJune 29th, 2009 CHENNAI - City-based healthcare company Apollo Hospitals will raise Rs.250 crore from International Finance Corp (IFC) to fund expansion programmes, said a top company official here Monday. Sharing the financial results of the company for 2008-09 with reporters, Apollo finance director Suneeta Reddy said: "We have lined up expansion projects worth Rs.1,500 crore.
For sale: historic hotel in New Mexico, where bullet holes and a ghost add to Old West feelJune 22nd, 2009 Historic NM hotel closes 5 years after remodelSANTA FE, N.M. — For sale: A bit of the Old West.
Apollo Hospitals shelves plans to buy Wockhardt unitsJune 17th, 2009 KOLKATA - Apollo Hospitals has shelved plans to buy a "basket of hospitals" from Wockhardt, a senior company official said here Wednesday. "There is a lot of synergy between us, but we have a responsibility towards our shareholders and investors," Apollo Hospitals managing director Preetha Reddy told reporters.
Expert: $375M loan to exclusive Yellowstone Club in Montana was based on faulty projectionsMay 4th, 2009 Expert: Club's loan based on faulty projectionsMISSOULA, Mont. — A real estate expert says a $375 million loan to the Yellowstone Club before it sought bankruptcy protection was based on faulty assumptions that sales at the exclusive Montana club would be brisk.
Arvind Jadhav named new Air India chairmanMay 2nd, 2009 NEW DELHI - The government Friday appointed Arvind Jadhav, a 1978 batch Indian Administrative Service (IAS) officer, as the chairman of the state-run National Aviation Co of India Ltd (NACIL). He will take charge from E.K.
Belatedly, White House aide at center of NYC probe pays architect for home renovation jobApril 25th, 2009 Belatedly, White House aide pays for renovationNEW YORK — A New York City politician now with the Obama administration is trying to defuse suggestions that he took favors from an architect who needed city approval for a development project. The Daily News reports that former Bronx Borough President Adolfo Carrion has finally paid the architect for a home renovation job completed in early 2007.
Ford India looking at export markets to plan expansionFebruary 21st, 2009 CHENNAI - Car manufacturer Ford India that plans to roll out a small car on an outlay of $500 million, is currently studying overseas markets to finalise its engine and transmissions capacity expansion plans. 'We are working on the demand estimates of our export markets in the Asia Pacific and African regions.
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