Oil and Natural Gas Corporation and its partner, Cairn India, are readying to spend between US$750mn to US$1bn in the Nagayalanka onshore block in the Krishna-Godavari Basin.
Oil and Natural Gas Corporation and its partner, Cairn India, are readying to spend between US$750mn to US$1bn in the Nagayalanka onshore block in the Krishna-Godavari Basin.
Tata Power has got major relief as the Union Ministry of Environment and Forests has accorded clearance under the Coastal Zone Regulations Notification, 2011 for enhancing coal handling capacity, installation of coal conveyor, stack yard and Flue-gas desulfurization disposal at its Trombay plant in north east Mumbai.
Nestle may face more action by the UP Food Safety and Drug Administration, which is testing more batches of Maggi after ordering recall of a batch of about 0.2mn packs of the instant noodles due to higher than permitted levels of lead and a food additive.
SpiceJet has raised Rs3bn through mix of debt and supplier credit, its second fund infusion since January. The airline received initial funding of Rs4bn from company's promoter Ajay Singh.
Vodafone India said it has invested over Rs1.15bn in Madhya Pradesh and Chhattisgarh circle in the last fiscal to ramp up services.
Reliance Industries and its partner BP plc have surrendered two more oil and gas blocks, reducing their tally to four exploration acreages from 21 they held four years back.
Cipla is recalling in the US market 1,40,625 vials of Levalbuterol Inhalation Solution used for relieving shortness of breath and coughing caused by asthma and chronic obstructive pulmonary disease.
Strides Arcolab announced that two of its subsidiaries have signed definitive agreements with certain wholly-owned subsidiaries of Aspen Pharmacare Holdings Limited to acquire a generic pharmaceutical business in Australia together with certain branded pharmaceutical assets. The acquisition is valued at AUD$380mn.
Essar Group said that it is no longer interested in the Nokia's plant, which was frozen by Income Tax in an alleged Rs210bn tax dispute, near Chennai.
State Bank of India signed an MoU with digital payments company PayPal for facilitating cross-border transactions.
Mahindra & Mahindra and Mitsubishi Heavy Industries entered into a strategic partnership for agricultural machinery. Under the definitive agreement, M&M will invest US$25mn for acquiring 33% voting stake in MHI subsidiary, Mitsubishi Agricultural Machinery Co through fresh issue of common shares and Class A (non-voting) shares of MAM.
Glenmark Pharmaceuticals said it has been granted tentative approval by the US health regulator to sell Rufinamide, which is used to treat seizures caused by Lennox-Gastaut syndrome.
Moody's said that Vedanta will have to strengthen its balance sheet in FY16 to avoid further pressure on its ratings.
Adani Mining has signed up buyers for around 70% of the coal it plans to produce from a huge mine in Australia, putting it a step closer to being able to seal funding for the AUD$10bn project, its local head said.
IRB Infrastructure has emerged as a preferred bidder for the project of six laning of Agra-Etawah bypass section from NH-2 in the state of Uttar Pradesh under NHDP Phase-V on BOT mode.
Tata Power has got major relief as the Union Ministry of Environment and Forests has accorded clearance under the Coastal Zone Regulations Notification, 2011 for enhancing coal handling capacity, installation of coal conveyor, stack yard and Flue-gas desulfurization disposal at its Trombay plant in north east Mumbai.
Nestle may face more action by the UP Food Safety and Drug Administration, which is testing more batches of Maggi after ordering recall of a batch of about 0.2mn packs of the instant noodles due to higher than permitted levels of lead and a food additive.
SpiceJet has raised Rs3bn through mix of debt and supplier credit, its second fund infusion since January. The airline received initial funding of Rs4bn from company's promoter Ajay Singh.
Vodafone India said it has invested over Rs1.15bn in Madhya Pradesh and Chhattisgarh circle in the last fiscal to ramp up services.
Reliance Industries and its partner BP plc have surrendered two more oil and gas blocks, reducing their tally to four exploration acreages from 21 they held four years back.
Cipla is recalling in the US market 1,40,625 vials of Levalbuterol Inhalation Solution used for relieving shortness of breath and coughing caused by asthma and chronic obstructive pulmonary disease.
Strides Arcolab announced that two of its subsidiaries have signed definitive agreements with certain wholly-owned subsidiaries of Aspen Pharmacare Holdings Limited to acquire a generic pharmaceutical business in Australia together with certain branded pharmaceutical assets. The acquisition is valued at AUD$380mn.
Essar Group said that it is no longer interested in the Nokia's plant, which was frozen by Income Tax in an alleged Rs210bn tax dispute, near Chennai.
State Bank of India signed an MoU with digital payments company PayPal for facilitating cross-border transactions.
Mahindra & Mahindra and Mitsubishi Heavy Industries entered into a strategic partnership for agricultural machinery. Under the definitive agreement, M&M will invest US$25mn for acquiring 33% voting stake in MHI subsidiary, Mitsubishi Agricultural Machinery Co through fresh issue of common shares and Class A (non-voting) shares of MAM.
Glenmark Pharmaceuticals said it has been granted tentative approval by the US health regulator to sell Rufinamide, which is used to treat seizures caused by Lennox-Gastaut syndrome.
Moody's said that Vedanta will have to strengthen its balance sheet in FY16 to avoid further pressure on its ratings.
Adani Mining has signed up buyers for around 70% of the coal it plans to produce from a huge mine in Australia, putting it a step closer to being able to seal funding for the AUD$10bn project, its local head said.
IRB Infrastructure has emerged as a preferred bidder for the project of six laning of Agra-Etawah bypass section from NH-2 in the state of Uttar Pradesh under NHDP Phase-V on BOT mode.
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