Check out the most important news stories, which captured the headlines at the corporate level in India and internationally.
The Centre's green panel has given its nod to Reliance Industries for carrying out eight additional exploratory well drilling to ascertain reservoir capacity and commercial viability of hydrocarbons in the block CY-III-D5 in Bay of Bengal off the coast of Tamil Nadu.
Raymond Ltd is in talks with overseas private equity (PE) funds KKR and Blackstone to sell a 20% stake in its branded apparel business to fund its expansion, reports a business daily.
Mother Dairy is aiming to surpass INR 10,000 crore turnover milestone in the next three years on rising demand for dairy products, as well as fresh processed fruits & vegetables, reports a business daily.
SRF Ltd is planning to invest INR 3,500 crore over the next four years, 70% of which would go into its fast-growing chemicals business, to cater to rising global demand, MD Ashish Bharat Ram has been quoted as saying.
Coal India would tentatively offer over 79 mn tonnes of coal for e-auction for power producers and also for non-power sector consumers in the August to March period of the current fiscal.
The Delhi government will soon issue fresh directions to the NTPC-run Badarpur thermal power plant to come up with an action plan for disposing of flyash, a major source of air pollution in summer.
SAIL will spend around Rs60bn this fiscal on various modernisation and expansion programmes as well as on research and development (R&D) initiatives.
Bharat Heavy Electricals said that it has commissioned a 660 Mw supercritical thermal unit in Maharashtra.
The government has declined Reliance Power's request to let it mortgage coal blocks attached to Sasan Ultra Mega Power Project (UMPP) in Madhya Pradesh to lenders of the plant that include banks from the US, China and Singapore.
Coal India’s consultancy arm CMPDI has invited applications from global firms for providing consultancy on formulating bid documents with regard to development of underground coal gasification projects.
Aditya Birla Fashion and Retail Ltd said it has signed an exclusive deal to bring London-based designer brand Simon Carter to India.
The Centre's green panel has given its nod to Reliance Industries for carrying out eight additional exploratory well drilling to ascertain reservoir capacity and commercial viability of hydrocarbons in the block CY-III-D5 in Bay of Bengal off the coast of Tamil Nadu.Raymond Ltd is in talks with overseas private equity (PE) funds KKR and Blackstone to sell a 20% stake in its branded apparel business to fund its expansion, reports a business daily.
Mother Dairy is aiming to surpass INR 10,000 crore turnover milestone in the next three years on rising demand for dairy products, as well as fresh processed fruits & vegetables, reports a business daily.
SRF Ltd is planning to invest INR 3,500 crore over the next four years, 70% of which would go into its fast-growing chemicals business, to cater to rising global demand, MD Ashish Bharat Ram has been quoted as saying.
Coal India would tentatively offer over 79 mn tonnes of coal for e-auction for power producers and also for non-power sector consumers in the August to March period of the current fiscal.
The Delhi government will soon issue fresh directions to the NTPC-run Badarpur thermal power plant to come up with an action plan for disposing of flyash, a major source of air pollution in summer.
SAIL will spend around Rs60bn this fiscal on various modernisation and expansion programmes as well as on research and development (R&D) initiatives.
Bharat Heavy Electricals said that it has commissioned a 660 Mw supercritical thermal unit in Maharashtra.
The government has declined Reliance Power's request to let it mortgage coal blocks attached to Sasan Ultra Mega Power Project (UMPP) in Madhya Pradesh to lenders of the plant that include banks from the US, China and Singapore.
Coal India’s consultancy arm CMPDI has invited applications from global firms for providing consultancy on formulating bid documents with regard to development of underground coal gasification projects.
Aditya Birla Fashion and Retail Ltd said it has signed an exclusive deal to bring London-based designer brand Simon Carter to India.
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