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Reliance Communications has made full repayment of two loans amounting to $1 billion (around Rs 6,000 crore), during the quarter ended June 30.The repayments have been from the company's rupee resources.

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Shipping awaits Chinese New Year to ride high tide

Saturday - Jan 02, 2010, 12:24am (GMT+5.5)
[+] Text [-]
Shipping companies are pinning their hopes on the Chinese New Year on January 26 as the Baltic Dry Index, the benchmark for freight rates of dry bulk carriers, has dropped 35 per cent over the last 40 days.

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