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Noida international airport plans to raise Rs 3,725 crore in term loans

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Noida international airport plans to raise Rs 3,725 crore in term loans

Officials said on Tuesday that Yamuna International Airport Pvt Ltd (YIAPL) had raised 3,725 crore debts from the State Bank of India for the development of the upcoming Noida International Airport. YIAPL is a 100% subsidiary of Swiss developer Zurich Airport International AG (ZAIA) and has been merged to develop Jewar Airport, approximately 70 kilometers from the main area of ​​Delhi.

Officials said the Uttar Pradesh government also learned of the full funding for the first phase of the project on Tuesday. They said that the “financing agreement” was signed by YIAPL, the State Bank of India (SBI) and Noida International Airport Ltd. (NIAL), which is a project node institution established by the Uttar Pradesh government.

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“YIAPL has raised 3,725 crore debts from SBI, which will be repaid within 20 years and will be suspended for one year after completion of the project. This is one of the largest financings for a Indian greenfield airport. The financial closer marks another key milestone for the project. Bring it closer to the beginning of the construction project,” the official statement read.

The debt-to-equity ratio of the project is 65:35. It added that ZAIA is a fully-owned subsidiary of Flughafen Zurich AG, a major shareholder of YIAPL, and will inject Rs 2,005 crore into the development of Noida International Airport.

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“We are now eagerly looking forward to working closely with partners including NIAL and SBI to develop the airport. This partnership will promote economic growth and employment in Uttar Pradesh, and will promote the development of the Indian aviation industry,” Christoph Schnellmann, CEO of YIAPL Said.

News Source : Business Standard

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Laid stars Stephanie Hsu and Zosia Mamet reveal the worst gifts their romantic partners gave them | Exclusive

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Stephanie Hsu and Zosia Mamet talk about their new series Laid, and some of the horrors of dating as millennials.
Imagine a scenario where anyone and everyone you have ever been intimate with begins to die one by one. Is it a curse? If yes, then who is cursed? These are questions that Stephanie Hsu‘s Ruby battles with in the new zany comedy, Laid. Ahead of the show’s release, Stephanie and co-star Zosia Mamet spoke exclusively with HT about their roles, the show’s unique premise, and the horrors of dating as millennials. (Also read: Dune: Prophecy star Emily Watson on working with Tabu: ‘She is a true treasure’)

Stephanie Hsu on her character’s flawed morality

Laid, created by Nahnatchka Khan and Sally Bradford McKenna, is the story of Ruby (Stephanie Hsu), who discovers that all her sexual partners are dying one by one, and she must warn them. Helping her in this unique quest is her best friend AJ (Zosia). The fun thing about Laid is that the protagonists are not the usual likeable characters. “She is totally an anti-hero of our story. I really love that,” says Stephanie, referring to Ruby’s moral greyness. “I am not a perfect person and I love playing flawed characters. But it was difficult. The creators told me that she is a total narcissist. But narcissists don’t think they are one, so I had to figure out a way to love her. For me, playing Ruby was about getting into her psychology and finding the innocent part of her – which is that she just wants love,” the actor adds.

While sitcoms usually add the best friend as the voice of reason trope, Laid diverges from that, with AJ even zanier and more morally ambiguous than Ruby. Talking about playing such a colourful character, Zosia Mamet says, “When you play not-so-likable or zany characters, people don’t believe they are that way. I don’t think AJ wakes up every morning and thinks, ‘I am absolutely crazy’. It’s about trusting the writing and finding an organic way into these characters to make them seem grounded, real, and relatable.”

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Stephanie, Zosia reveal the worst gifts they received from partners

In Laid, Ruby gives the gift of death to the men she is with, even if that is inadvertent. Ask the women about the worst ‘gift’ a partner has ever given them, and the discussions veer into the unusual horrors of modern-day dating. “I got a vintage wooden duck decoy from someone. It was broken, and I thought, ‘What does this say about our relationship?’. They didn’t know me well enough to know if I’d want this but also that they gave me something old and ailing,” Zosia says with a laugh.

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