Latest news with #YBL
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Business Standard
8 hours ago
- Business
- Business Standard
Reliance Infra arm JRTR pays Yes Bank ₹273 cr for debt settlement
Reliance Infrastructure on Monday said its wholly-owned subsidiary JR Toll Road Private (JRTR) has paid the entire debt settlement amount of Rs 273 crore to Yes Bank Ltd (YBL). Reliance Infrastructure in a regulatory filing said the agreement has also resulted in full settlement/discharge of the company's obligation as a guarantor for the said loan on behalf of JRTR. YBL does not hold any shares in the Company and is neither a related party nor part of the promoter group, it added. " ...we hereby inform that JR Toll Road Private Limited (JRTR), a wholly owned subsidiary of the Company has entered into an addendum to the settlement agreement today with Yes Bank Limited (YBL) for the entire outstanding debt obligation of Rs 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount," Reliance Infrastructure said.
Business Standard
16 hours ago
- Business
- Business Standard
Reliance Infra subsidiary settles debt obligation with Yes Bank
Reliance Infrastructure announced that its wholly owned subsidiary, JR Toll Road (JRTR) has entered into an addendum to the Settlement Agreement today with Yes Bank (YBL) for the entire outstanding debt obligation of Rs 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount. The above agreement has also resulted in full settlement/discharge of the Company's obligation as a guarantor for the said loan on behalf of JRTR. YBL does not hold any shares in the Company and is neither a related party nor part of the promoter group.
Yahoo
12-04-2025
- Business
- Yahoo
Young entrepreneurs wanted for Lemonade Day
Come April 26, Weatherford might get a little sour — but a lot sweeter. This year, the Young Business Leaders of the Weatherford Chamber of Commerce are leading the charge, in signing the community up for Lemonade Day, a national initiative to encourage young entrepreneurs to start, own and operate their very own business. 'We signed up this year because our friends and neighbors down in Granbury did it two years ago, and they had such a great experience,' Chamber President Tammy Gazzola said recently. Lemonade Day started in 2007 in Houston, and has since expanded to include more than 1.5 million kids in 97 communities across two countries. Since registration began in mid-December, Weatherford, as of press time, already had 65 participants signed up. Those numbers are only reflective of those who have completed the entire registration process to be able to brand their stands. Registration, which is still ongoing, can be completed at Certain curriculum must be followed, including a business plan with a list of expenditures and breakdowns so young operators can figure out how much to charge in order to earn a profit. Participants also get to pick a charity of their choice to give back to, and determine what percentage they want to donate to that organization. 'A lot of these kids don't have that opportunity [to learn to operate a business] and I'm excited to see how they all grow,' Gazzola said, adding that YBL is also partnering with Weatherford ISD and surrounding Christian schools. Local business owner and event sponsor Zack Smith said his 10-year-old daughter, Madelyn, has been eager to participate in Lemonade Day, starting in December on a stand hand-painted with Bluey characters in honor of one of her siblings. 'Chandler has really taken this and ran with it,' Smith said of Chandler Lacefield-Duncan, chair of YBL, 'and she has my daughter's ear ... her charity is Scottish Rite for Children, and she's going to give 3/4 of her money.' Several participants and their guardians were recognized at Tuesday's city council meeting, where Weatherford proclaimed April 26 as Weatherford, Texas Lemonade Day. Lemonade Day is limited to those ages 5-18. Stands do not have to be placed in Weatherford, and can be anywhere in Parker County. A list of branded stands, their locations and their hours will be posted at as well as registration information, how to sponsor and how to donate. Updates and more will also be shared through the Young Business Leaders Facebook page. 'We want to try and get as many sign-ups and stands as we can,' YBL board member Melanie Allen said. 'The goal for each stand is to be successful, and to have lots of fun.'
