Topic
extension
Finance Zee moves SAT, seeks one-day extension for warrant subscription after Rs 75 crore delay
Zee Entertainment Enterprises has approached the Securities Appellate Tribunal (SAT) seeking a one-day extension to complete a warrant subscription by promoter entity Sunbright Mauritius Investments, after about Rs 75 crore of the subscription amount was credited after the deadline. SAT, which had earlier allowed the warrant issuance and set an Aug 21 deadline, is expected to rule on Thursday.
Logistics Half-Price Rail Travel Extended to 18-Year-Olds as Railcard Rules Change
The Department for Transport will extend half-price rail travel to 18-year-olds from 17 August by making the 16-17 Saver railcard valid for a full year from purchase. The change addresses the average £175 annual penalty faced by over 70,000 students under the old age-based expiry rule.
Logistics Petronas Extends Indonesian FPSO Charter to 2036, Ensuring Long-Term Offshore Production
Petronas Carigali has negotiated a 10-year extension for the Ratu Nusantara FPSO on the Bukit Tua oilfield offshore Indonesia, keeping the vessel in operation until 2036. The floating production unit, owned by Sabah International Petroleum and PT M3 Ketapang Sejahtera, has a processing capacity of 25,000 bbl of oil and 60m cf of gas per day. The extension follows over 11 years of consistent performance and strengthens the partnership between Malaysia and Indonesia.
Logistics Performance Shipping Lifts Aframax Earnings with Two-Year AET Charter Extension at Higher Rates
Performance Shipping has extended the charter of its aframax Blue Moon with AET for two years at an average rate of $40,500 per day, up from $28,000. The deal will generate about $29m in gross revenue and boosts the company's contracted revenue backlog to over $530m.
Commodities India Extends Duty Relief on Key Petrochemical Products Until July 15 Amid West Asia Tensions
The Indian government has extended duty relief on around 40 key petrochemical products including Anhydrous Ammonia, Methanol, and Styrene until July 15. The exemption, first introduced on April 2, aims to protect domestic industries from supply chain disruptions due to West Asia tensions. The extension comes as the government monitors global freight and supply chain impacts, with a customs revenue target of Rs 2.71 trillion for FY27.
Trade India extends anti-dumping duty on US, Malaysia, South Africa butyl alcohol for five years
India has extended its anti-dumping duty on imports of normal butanol (butyl alcohol) originating in the United States, Malaysia, and South Africa for five years, following a review by the Directorate General of Trade Remedies (DGTR) that concluded withdrawing the duty could lead to renewed dumping and material injury to domestic producers.
Trade Finance DGFT Extends Enhanced Export Insurance Cover for West Asia Shipments Till September 30
India's Directorate General of Foreign Trade (DGFT) has extended the enhanced export insurance cover for shipments to West Asia under the RELIEF scheme until September 30, 2026. The cover, originally available from March 16 to June 15, 2026, aims to support exporters facing logistics disruptions from the ongoing West Asia crisis and the Iran war.
Logistics DOF Secures One-Year MPSV Extension for Skandi Darwin in Australia Through Q3 2027
Norwegian offshore vessel owner DOF has secured a one-year extension for the multipurpose supply vessel Skandi Darwin in Australia. The extension will keep the vessel working for its current client until the third quarter of 2027. Financial terms and client name were not disclosed, but the vessel previously served Shell's Prelude FLNG facility.
Trade India Weighs Extending 40-Product Import Duty Exemption Beyond June 30 Amid West Asia Tensions
India is considering extending a temporary customs duty exemption on 40 critical petrochemical products beyond June 30, 2026, according to Economic Times. The exemption, effective April 2, aims to cushion supply chain disruptions from West Asia tensions and reduced Strait of Hormuz cargo flows.
Business O'Leary Extends Ryanair CEO Contract to 2032 in Deal Worth Up to €150 Million
Ryanair CEO Michael O'Leary has extended his contract to 2032, with a bonus scheme potentially worth over €150m. The deal includes options to buy 10 million shares at €26.70 each if profit reaches €4bn or share price exceeds €42 for 28 days. Chairman Stan McCarthy highlighted extensive shareholder engagement in the process.