Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD1.6bn with long-term options in this fiscal ending March 2016.
Zuari group is set to have a majority stake of over 53% in Mangalore Chemicals and Fertilisers Ltd as its open offer to buy 36.56% share in the UB group firm for nearly Rs4bn has been successful.
Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD1.6bn with long-term options in this fiscal ending March 2016.
HDIL is in talks to sell about 200 acres of land parcels in Baroda and Hyderabad as part of its strategy to offload non-core assets to improve cash-flows and cut debt.
NTPC and Damodar Valley Corporation have outstanding dues of around Rs90bn to Coal India.
Apollo Tyres plans to set up a subsidiary in Malaysia over the next two years as the company aims to increase its global footprint to garner around 15% of the total revenues from exports.
The government may allow a part of the natural gas produced by firms like ONGC and Reliance Industries from new discoveries to be sold at market price as it looks to boost domestic exploration and production.
Tata Power Renewable Energy, a subsidiary of Tata Power Ltd, is set to expand its wind power generation capacity by 150MW this fiscal. This will take the company’s installed capacity to more than 700MW.
DCM Shriram Group has set its sights firmly on the future with its commodity interests in sugar, seeds and farm solutions set to expand over the next 3-5 years. The conglomerate, however, will not invest resources to further its urea manufacturing business.
Zop Now has secured the e-commerce based home delivery business of Aditya Birla Retail across its 16 ‘More’ hypermarkets in cities such as Bengaluru, Hyderabad and Kolkata.
Indraprastha Gas Ltd has hiked the selling price of CNG (for automobiles) and PNG (piped natural gas) by 45 paise a kg and 45 paise per standard cubic metre respectively in Delhi.
Corporation Bank has dropped plans to take over the assets and liabilities of the ailing Maharashtra-based Rupee Co-operative bank.
Zuari group is set to have a majority stake of over 53% in Mangalore Chemicals and Fertilisers Ltd as its open offer to buy 36.56% share in the UB group firm for nearly Rs4bn has been successful.Vedanta is eyeing the expected low interest rates in India to refinance its short-term loans of up to USD1.6bn with long-term options in this fiscal ending March 2016.
HDIL is in talks to sell about 200 acres of land parcels in Baroda and Hyderabad as part of its strategy to offload non-core assets to improve cash-flows and cut debt.
NTPC and Damodar Valley Corporation have outstanding dues of around Rs90bn to Coal India.
Apollo Tyres plans to set up a subsidiary in Malaysia over the next two years as the company aims to increase its global footprint to garner around 15% of the total revenues from exports.
The government may allow a part of the natural gas produced by firms like ONGC and Reliance Industries from new discoveries to be sold at market price as it looks to boost domestic exploration and production.
Tata Power Renewable Energy, a subsidiary of Tata Power Ltd, is set to expand its wind power generation capacity by 150MW this fiscal. This will take the company’s installed capacity to more than 700MW.
DCM Shriram Group has set its sights firmly on the future with its commodity interests in sugar, seeds and farm solutions set to expand over the next 3-5 years. The conglomerate, however, will not invest resources to further its urea manufacturing business.
Zop Now has secured the e-commerce based home delivery business of Aditya Birla Retail across its 16 ‘More’ hypermarkets in cities such as Bengaluru, Hyderabad and Kolkata.
Indraprastha Gas Ltd has hiked the selling price of CNG (for automobiles) and PNG (piped natural gas) by 45 paise a kg and 45 paise per standard cubic metre respectively in Delhi.
Corporation Bank has dropped plans to take over the assets and liabilities of the ailing Maharashtra-based Rupee Co-operative bank.
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