Anuradha Verma
Infrastructure
Govt approves power transmission projects worth $2B
The Indian government has approved nine power transmission projects worth Rs 12,518 crore (about $2.08 billion) in states of Haryana, ......
Manufacturing
Gulf investment firm Investcorp makes open offer for 26% stake in Stovec
Gulf investment firm Investcorp has made an open offer to acquire up to 26 per cent equity stake in Ahmedabad-based ......
Healthcare
SEBI probing AstraZeneca Pharma India's delisting offer
The capital markets regulator Securities and Exchange Board of India (SEBI) has ordered a close scrutiny of AstraZeneca Pharma India’s ......
Consumer
Mcleod Russel to acquire Vietnamese tea processing unit for around $2M
Kolkata-based tea plantation company Mcleod Russel India Ltd has agreed to acquire a tea processing unit in Vietnam for around ......
TMT
RCOM raising $1B via QIP, preferential allotment to promoter
Reliance Communications Ltd, India’s fourth-largest telecom operator, which launched a share sale late Tuesday to institutional investors to raise around ......
Infrastructure
Essar Oil gets board nod for delisting proposal
Essar Oil, the oil and gas unit of the Ruias-controlled diversified Essar Group, has received approval from its board for ......
General
IFCI to reduce stake in NSE, divest entire holding in broking arm
State-run lender IFCI is looking to bring down its equity holding in the National Stock Exchange Limited and divest entire ......
Infrastructure
Asian Development Bank to invest $50M in Welspun Renewables
Multilateral development finance agency Asian Development Bank (ADB) has signed an agreement to make an equity investment of $50 million ......
General
Modi govt reconstitutes six cabinet committees, including CCEA
The central government has reconstituted six cabinet committees, including the Cabinet Committee of Economic Affairs (CCEA) that will be headed ......
General
Moody's raises stake in ICRA to 50.06% for $86M via open offer
Credit rating agency Moody’s Corp raised its stake holding in ICRA by acquiring additional 21.55 per cent from public shareholders ......
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