Tuesday 30 December 2014

Top corporate news of the day – December 30, 2014

Bharti Airtel withdrew its controversial VoIP tariff plan that would have made voice calls on services such as Skype and Viber more expensive in the face of a public outcry and a possible nudge from the regulator.

Reliance Industries, which acquired the Network 18 media group in July, has started integrating the backend operations of television shopping firm HomeShop18 with the technology team of Reliance's consumer division.

Jindal Stainless got board approval to restructure its businesses that includes demerging a subsidiary and listing it on domestic bourses, a move aimed at boosting profitability and paring debt.

Larsen & Toubro (L&T) on Monday said it has bagged an offshore contract worth Rs8.9bn from ONGC for additional development of the Vasai East project.

Government to infuse Rs 600mn in IFCI, raise stake to 51%

IVRCL has decided to sell all assets it has under the build, operate and transfer (BOT) basis by the end of next year and stay away from bidding for similar projects.

Blue Star, Eureka Forbes collaborate to launch water coolers with in-built purification.

Lanco Infratech approved allotment of 5.457 crore shares of Rs1 each at an issue price of Rs6.23 per share to ICICI Bank Ltd, as per the corporate debt restructuring package approved for the company.

Andhra Bank has recovered about Rs2bn non-performing assets (NPAs) in the last three months.

1 comment:

  1. Your article is very informative. Thank you for sharing such information with us. Visit our site once more for more information related to stocks.
    Eureka Forbes
    Saudi Aramco IPO
    CSB IPO
    Arohan IPO

    ReplyDelete