Adani Enterprises, the holding company of the Adani Group, is planning a mega restructuring of its businesses under which the shareholders of holding firm, Adani Enterprises are likely to get direct shares in its power and port subsidiaries.
The government today fixed Rs 358 a share as the floor price for up to 10% stake sale in Coal India, which may help the exchequer garner about Rs226bn.
NTPC has restricted the building of three new solar power projects to domestic manufacturers, even as India pushes for overseas companies to lead fresh investments into a renewable energy drive.
BHEL has announced commissioning of 600 MW thermal power project in Odisha.
Tata Motors intends to utilise Rs75bn, which it plans to raise via rights issue, to fund various activities, including introduction of more than 100 new commercial vehicles over next three years and passenger vehicles on new modular platform from FY 2016-17.
Titan, which launched SKINN, a range of fine French fragrances in India more than year ago, is eyeing a 5% stake in the country's market in the next five years.
Inox Wind, a subsidiary of Gujarat Fluorochemicals, said it has been awarded two wind farm project contracts of 54 MW and 118 MW in Gujarat and Rajasthan, respectively by Tata Power Renewable Energy Ltd.
Terming the January 30 stake sale in Coal India as a “betrayal” and “violation” of assurances given by the Coal Ministry after their strike earlier this month, trade unions said they will hold day-long protests and dharnas on Friday against 10% stake sale in the public sector entity.
SpiceJet, under its revival plan, plans to increase its daily flights by almost 30% to 280 within three months.
Venus Remedies said the Corporate Debt Restructuring Cell has approved its proposal, under which its repayments of the principal amount will begin only from April 2016.
GAIL (India) Limited stated that its LPG recovery plant at Lakwa, Assam would be converted to supply feedstock for the petrochemical unit of Brahmaputra Cracker and Polymer Limited being set up at Lepetkata near Dibrugarh.
Mahindra & Mahindra said it conducted raids across six auto spare part makers and sales outlets in the country, to counter the 'ever-growing' threat of counterfeit products.
Bharti Airtel, through its wholly-owned subsidiary Airtel M Commerce Services Ltd. (AMSL), is applying for a Payments Bank licence with Kotak Mahindra Bank as a partner.
Tata Power will acquire group firm Nelco's defence business of Unattended Ground Sensors for about Rs83mn.
Sesa Sterlite Ltd said the Indian government could remove an iron ore export tax as soon as next month, and such a move would help company boost output after two years of mining bans.
The government today fixed Rs 358 a share as the floor price for up to 10% stake sale in Coal India, which may help the exchequer garner about Rs226bn.
NTPC has restricted the building of three new solar power projects to domestic manufacturers, even as India pushes for overseas companies to lead fresh investments into a renewable energy drive.
BHEL has announced commissioning of 600 MW thermal power project in Odisha.
Tata Motors intends to utilise Rs75bn, which it plans to raise via rights issue, to fund various activities, including introduction of more than 100 new commercial vehicles over next three years and passenger vehicles on new modular platform from FY 2016-17.
Titan, which launched SKINN, a range of fine French fragrances in India more than year ago, is eyeing a 5% stake in the country's market in the next five years.
Inox Wind, a subsidiary of Gujarat Fluorochemicals, said it has been awarded two wind farm project contracts of 54 MW and 118 MW in Gujarat and Rajasthan, respectively by Tata Power Renewable Energy Ltd.
Terming the January 30 stake sale in Coal India as a “betrayal” and “violation” of assurances given by the Coal Ministry after their strike earlier this month, trade unions said they will hold day-long protests and dharnas on Friday against 10% stake sale in the public sector entity.
SpiceJet, under its revival plan, plans to increase its daily flights by almost 30% to 280 within three months.
Venus Remedies said the Corporate Debt Restructuring Cell has approved its proposal, under which its repayments of the principal amount will begin only from April 2016.
GAIL (India) Limited stated that its LPG recovery plant at Lakwa, Assam would be converted to supply feedstock for the petrochemical unit of Brahmaputra Cracker and Polymer Limited being set up at Lepetkata near Dibrugarh.
Mahindra & Mahindra said it conducted raids across six auto spare part makers and sales outlets in the country, to counter the 'ever-growing' threat of counterfeit products.
Bharti Airtel, through its wholly-owned subsidiary Airtel M Commerce Services Ltd. (AMSL), is applying for a Payments Bank licence with Kotak Mahindra Bank as a partner.
Tata Power will acquire group firm Nelco's defence business of Unattended Ground Sensors for about Rs83mn.
Sesa Sterlite Ltd said the Indian government could remove an iron ore export tax as soon as next month, and such a move would help company boost output after two years of mining bans.
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