IDBI Bank aims to raise Rs 1,500 crore by selling 28 crore shares to LIC
The IDBI Bank is planning to offer around 28 crore shares at Rs 53.44 apiece to LIC on preferential basis for raising Rs 1,500 crore....
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RCF aims to acquire 11% stake in Joint Venture to revive Sindri plant
RCF, the state run fertiliser firm has decided toacquire 11 percent equity stake for about Rs 180 crore in the proposed joint venture firm for...
L&T arm signs agreement with McDermott for subsea oil projects
L&T’s hydrocarbon engineering arm and McDermott have signed a long term agreement for subsea projects in deepwater segment in the east coast of India. L&T...
Board of Dishman Pharma approves amalgamation, bonus issue
The Board of Dishman Pharmaceuticals and Chemicals has given its approval to the amalgamation of Dishman Care Ltd (DCL), a wholly owned subsidiary, with the...
CIL aims to increase coal production to 1,000 million tonnes in 4 yrs
The government is exercising to hike coal production by Coal India Ltd to 1,000 million tonne in the next four years by using latest environment...
ibibo Group likely to get $250 million investment from Naspers
The ibibo Group, which is an online travel services provider said that the internet and media firm Naspers, the principal share owner in the company is...
Infosys has extended Vishal Sikka’s term as CEO by 2 years
Infosys, the second largest IT firm of the country has extended its chief Vishal Sikka’s tenure by nearly two years till March 2021, mentioning that...
ONGC has received green panel approval for Rs 758 crore Tripura drilling project
ONGC has received the green panel’s approval to develop 30 wells and other infrastructure in Tripura involving an investment of Rs 758 crore. A senior...
Kridhan Infra arm receives Rs 247 crore order in Singapore
A subsidiary of Kridhan Infra, KH Foges Pte has received a contract worth Rs 247 crore in Singapore to build a flyover. The company has...
BHEL has commissioned 40 mw hydro power unit in West Bengal
A 40 mw hydro electric generating unit has been successfully commissioned by the state owned BHEL in West Bengal. The company has said in a...