LiveSingapore’s Temasek Acquires 41% Stake in Manipal Hospitals
Singapore’s Temasek-backed Sheares Healthcare India has signed a definitive agreement to acquire an additional 41% stake in Ranjan Pai-led Manipal Health Enterprises. Upon completing the...
Category : BUSINESS
Jio Platforms Gets Rs 350 Crore Deal for Cloud Service to Run NICs for 5-Years
Jio Platforms has secured a contract worth Rs 350 crore to manage and improve cloud services at Centre’s National Informatics Centre (NIC) for five years...
PNC Infratech bags Rs 771.46 Crore Railway Project Haryana
PNC Infratech, an infrastructure construction company, has announced that it has been awarded a project worth Rs 771.46 crore by Haryana Rail Infrastructure Development Corporation...
Adani Power’s 800 MW Thermal Unit in Jharkhand Commences Commercial Operation
On Friday, Adani Power Ltd (APL) announced that the commercial operation of an 800 MW unit at their thermal plant in Jharkhand had begun commercial...
Avaada Energy Secures 421 MW of Solar Projects from Damodar Valley Corporation
Renewable energy company Avaada Energy said it had secured a 421 MW solar project from Damodar Valley Corporation (DVC) on Friday. The project was awarded...
Temasek’s Shears Inks Deal to Buy Majority Stake in Manipal Hospitals
Sheares Healthcare India, backed by Singapore’s Temasek, has reached a deal to acquire a majority stake in Manipal Hospitals, led by billionaire Ranjan Pai, multiple...
ONGC Videsh Wins $190 Million Arbitration Award Against Sudan
ONGC Videsh Ltd (OVL) has won a $190 million arbitration award against Sudan in a protracted dispute over oil and pipeline payments, a media report...
SP Group Raises Funds by Pledging Tata Sons Shares
Shapoorji Pallonji Group (SP Group), the single largest shareholder of Tata Sons, intends to raise funds through equity pledges and other means to repay part...
NMDC Steel Privatisation to be Completed in First Half of Current Fiscal Year
The strategic divestment of NMDC Steel is expected to be completed in the first half of this fiscal, which could bring the government about Rs...
RBI Allows Rupee Non-Deliverable FX Derivatives Contracts to Residents
The regulator’s decision to allow banks to offer rupee non-deliverable foreign exchange derivatives contracts (NDDC) to Indian residents will help eliminate arbitrage between domestic and...