LiveAdnoc Gas Boosts IPO Size to About $2.5 Billion Amid High Demand
Abu Dhabi National Oil Company (ADNOC) will raise its stake in its gas business to 5% from 4% in an initial public offering, the national...
Category : BUSINESS
Dr Reddy’s Acquires Mayne Pharma’s USA Prescription Portfolio for $105 Million
Dr Reddy’s Laboratories (DRL) has entered into a definitive agreement to acquire Australia-based Mayne Pharma Group’s US generic for an upfront payment of $90 million...
SpiceJet to Demerge Cargo Arm by April 1, Convert Carlyle’s Debt to Equity & Raise Funds via QIP
SpiceJet will demerge its freight business to subordinate SpiceXpress & Logistics into a new corporation by April 1, the corporation said in a regulatory filing...
Centre to ask HZL for Share Swaps, Wareants for $2.98 Billion Vedanta Deal
Centre may request Hindustan Zinc Ltd (HZL) to deliberate options, besides cash, like share swaps, rights issues, or warrants for the $2.98 billion acquisition of...
Blue Star Receives Rs 100 Crore Grant from Promoter Ashok Advani for R&D Activities
On Friday, air conditioning and refrigeration company Blue Star Ltd announced that its honorary chairman and promoter Ashok M Advani had given the company a...
Global Recycling Firm Gravita India Signs MoU to Set Up Rs 40 Crore Plant in Oman
On Friday, global recycling company Gravita India Ltd announced that it had signed an MoU to set up a Rs 40 crore battery recycling plant...
IREDA to Open Office in GIFT City, Gujarat, to Fund Renewable Energy Projects
On Friday, the state-run Indian Renewable Energy Development Agency (IREDA) said it plans to open an office in Gujarat’s GIFT city to finance renewable energy...
EPFO to Launch Online Facility for Higher Pension
The Employees’ Provident Fund Organisation (EPFO) will rapidly launch an online capability to choose for higher pension by those subscribers who were in provision before...
Power Grid Corp Board Clears Investment Worth More Than Rs 803 Crore
On Friday, the board of Power Grid Corporation approved an investment of over Rs 803 crore for various transmission projects in the country. BSE filings...
Amazon to Join Govt E-Commerce Platform ONDC
On Friday, e-commerce platform Amazon said to join the government’s open source, not-for-profit, e-commerce podium Open Network for Digital Commerce (ONDC). For now, Amazon’s logistics...