Jaiprakash Associates completed its divestment programme aimed at cutting debt with the sale of two cement plants in Madhya Pradesh to UltraTech Cement for Rs54bn.
NTPC, the state-owned thermal power generation giant, might lose the chance to build its first ultra mega power project (UMPPs), as the government is likely to scrap the bidding process for the Cheyyur UMPP in Tamil Nadu. There is also a likelihood that bids for Odisha UMPP would also be shelved as NTPC and NHPC are the only bidders in race for it.
Competition Commission of India (CCI) has approved a multi-billion dollar deal between global pharma giantsGlaxoSmithKline Pharmaceuticals and Novartis.
GIC, Singapore's sovereign wealth fund, is buying about 70% stake in BSE-listed Nirlon for Rs13.9bn.
The appointments committee of the Cabinet has appointed Sutirtha Bhattacharya as chairman & managing director (CMD) of Coal India Ltd (CIL).
The State Bank of India (SBI) management is looking to unlock value by listing one or more of its non-banking financial services companies (NBFC) such as insurance, credit cards, mutual funds and investment banking arms.
The board of directors of NTPC on Tuesday approved a proposal to issue fully paid-up bonus debentures to its shareholders.
As per the management, strengthening dollar is likely to hit HCL Technologies’ revenues during the ongoing October-December quarter.
Reliance Jio Infocomm Ltd has received security clearance to start 4G technology-based broadband services in six circles, but with riders.
L&T Housing Finance, the housing finance arm of L&T Finance Holdings, is looking to grow its loan book by over six times to Rs200bn over the next five years by focussing more on the salaried segment and by financing developers.
Yes Bank raised US$200mn through an unsecured loan facility from the Asian Development Bank.
GMR Holdings to plans to issue NCDs worth Rs3bn.
Allahabad Bank board okays plan to raise funds via QIP.
NTPC, the state-owned thermal power generation giant, might lose the chance to build its first ultra mega power project (UMPPs), as the government is likely to scrap the bidding process for the Cheyyur UMPP in Tamil Nadu. There is also a likelihood that bids for Odisha UMPP would also be shelved as NTPC and NHPC are the only bidders in race for it.
Competition Commission of India (CCI) has approved a multi-billion dollar deal between global pharma giantsGlaxoSmithKline Pharmaceuticals and Novartis.
GIC, Singapore's sovereign wealth fund, is buying about 70% stake in BSE-listed Nirlon for Rs13.9bn.
The appointments committee of the Cabinet has appointed Sutirtha Bhattacharya as chairman & managing director (CMD) of Coal India Ltd (CIL).
The State Bank of India (SBI) management is looking to unlock value by listing one or more of its non-banking financial services companies (NBFC) such as insurance, credit cards, mutual funds and investment banking arms.
The board of directors of NTPC on Tuesday approved a proposal to issue fully paid-up bonus debentures to its shareholders.
As per the management, strengthening dollar is likely to hit HCL Technologies’ revenues during the ongoing October-December quarter.
Reliance Jio Infocomm Ltd has received security clearance to start 4G technology-based broadband services in six circles, but with riders.
L&T Housing Finance, the housing finance arm of L&T Finance Holdings, is looking to grow its loan book by over six times to Rs200bn over the next five years by focussing more on the salaried segment and by financing developers.
Yes Bank raised US$200mn through an unsecured loan facility from the Asian Development Bank.
GMR Holdings to plans to issue NCDs worth Rs3bn.
Allahabad Bank board okays plan to raise funds via QIP.
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