Sebi has revised expenditure it intends to recover from the Sahara group to Rs259mn in the current fiscal towards money spent on identifying the investors and making refunds.
Infrastructure major Hindustan Construction Company has deferred plans to list its subsidiary Lavasa Corporation for raising Rs7.50bn through initial public offer to next fiscal, a top company official said.
State-run NMDC has reduced iron ore prices by Rs 200-300 per tonne for the current month as weak global prices, which nosedived to five-and-a-half-year lows, are putting pressure on domestic rates.
Biocon plans to spend 10% of its annual biopharma revenue on research and development in the next fiscal year.
IFCI is likely to sell its 2.5% stake in stock exchange NSE which may fetch the financial institution about Rs5bn.
Irked by the government's 10% stake sale in Coal India Ltd (CIL), trade unions have warned of a 'non-cooperation drive' to protest against the disinvestment and other issues.
Indian Overseas Bank has launched an issue of Unsecured, Non-Convertible, Additional Tier -I, Basel III Compliant Perpetual bonds to the extent of Rs10bn.
The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and exporters.
Gujarat State Fertilizers & Chemicals Ltd will invest Rs9bn to set up a 40,000 metric tonne per annum (MTPA) plant for manufacturing melamine, which used for making plastics, fertiliser and crockery products, at Vadodara.
Sanofi-Synthelabo India, a part of pharma major Sanofi group, will invest Rs900mn in Apollo Sugar Clinics Ltd through a combination of primary and secondary funding.
Strides Arcolab Ltd has announced that the company's oral dosage facility at KRS Gardens in Bangalore has been found acceptable by the US Food and Drug Administration (USFDA).
The inspection was carried out in August 2014.
Two-wheeler maker Royal Enfield of Eicher Motors reported 43% jump in total sales in January this year at 28,927 units against 20,232 units in the year-ago period.
Divis Laboratories Ltd is considering setting up a new manufacturing facility near Kakinada in Andhra Pradesh with an investment of Rs5bn.
Steelmaker Rashtriya Ispat Nigam Ltd (RINL), Visakhapatnam said it in talks with PSU major NMDC for marketing steel products through its strong marketing network.
Adani Group, JSW Steel and two other companies are in the race for a Rs3.50bn dredging project at Goa port, the first such scheme on PPP mode at a major port.
Infrastructure major Hindustan Construction Company has deferred plans to list its subsidiary Lavasa Corporation for raising Rs7.50bn through initial public offer to next fiscal, a top company official said.
State-run NMDC has reduced iron ore prices by Rs 200-300 per tonne for the current month as weak global prices, which nosedived to five-and-a-half-year lows, are putting pressure on domestic rates.
Biocon plans to spend 10% of its annual biopharma revenue on research and development in the next fiscal year.
IFCI is likely to sell its 2.5% stake in stock exchange NSE which may fetch the financial institution about Rs5bn.
Irked by the government's 10% stake sale in Coal India Ltd (CIL), trade unions have warned of a 'non-cooperation drive' to protest against the disinvestment and other issues.
Indian Overseas Bank has launched an issue of Unsecured, Non-Convertible, Additional Tier -I, Basel III Compliant Perpetual bonds to the extent of Rs10bn.
The first forex hub of the Mumbai- headquartered Central Bank of India in Gujarat was opened at Urmi Char rasta here to provide prompt and efficient services to importers and exporters.
Gujarat State Fertilizers & Chemicals Ltd will invest Rs9bn to set up a 40,000 metric tonne per annum (MTPA) plant for manufacturing melamine, which used for making plastics, fertiliser and crockery products, at Vadodara.
Sanofi-Synthelabo India, a part of pharma major Sanofi group, will invest Rs900mn in Apollo Sugar Clinics Ltd through a combination of primary and secondary funding.
Strides Arcolab Ltd has announced that the company's oral dosage facility at KRS Gardens in Bangalore has been found acceptable by the US Food and Drug Administration (USFDA).
The inspection was carried out in August 2014.
Two-wheeler maker Royal Enfield of Eicher Motors reported 43% jump in total sales in January this year at 28,927 units against 20,232 units in the year-ago period.
Divis Laboratories Ltd is considering setting up a new manufacturing facility near Kakinada in Andhra Pradesh with an investment of Rs5bn.
Steelmaker Rashtriya Ispat Nigam Ltd (RINL), Visakhapatnam said it in talks with PSU major NMDC for marketing steel products through its strong marketing network.
Adani Group, JSW Steel and two other companies are in the race for a Rs3.50bn dredging project at Goa port, the first such scheme on PPP mode at a major port.
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