Top Stories

HPL Electric IPO gets off to slow start


HPL Electric & Power Ltd saw just about 6% subscription for its initial public offering (IPO), on the first day, with only retail investors applying to invest in the firm.

Essel Propack buys out partner in European JV

Debjyoti Roy

Essel Propack, a manufacturer of laminated and seamless or extruded plastic tubes, has acquired 75.1% stake it did not own in its European joint venture Essel Deutschland Germany (EDG), it said on Wednesday.

Indian Oil, GAIL to pick up 49% stake in Adani’s Dhamra LNG terminal


State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd will tomorrow sign a pact to take 49 per cent stake in Adani Group's Rs 5,000-crore Dhamra LNG project in Odisha.