BUSINESS Archives

Brookfield, GIC Makes Rs 25K Cr Purchase of Reliance Jio’s Telecom Tower Assets

Amrita ChakravortySeptember 1, 2020September 1, 2020

September 1, 2020September 1, 2020

GIC, along with a bunch of investors including Brookfield, purchased a unit of Reliance Industries for $3.4 billion or Rs 25,000 crore, as announced on Tuesday. There was...

BUSINESS

L&T Sells Electrical and Automation Business for Rs 14,000 Cr

Amrita ChakravortySeptember 1, 2020September 1, 2020

September 1, 2020September 1, 2020

Larsen & Toubro (L&T) has announced the closure of its electrical and automation business (L&T E&A) to Schneider Electric, for a cash consideration of Rs 14,000...

BUSINESS

RIL Gains 3% on Buying Future Group Stake for Rs 24,713 Crore

Amrita ChakravortyAugust 31, 2020August 31, 2020

August 31, 2020August 31, 2020

Reliance Industries Ltd. (RIL) soared 2.7 per cent after the announcement that its subsidiary Reliance Retail Ventures will acquire Future Group including its retail and wholesale,...

BUSINESS

CG Power Hits Upper Circuit of 5%, as Lenders Approved Tube Investments

Amrita ChakravortyAugust 31, 2020August 31, 2020

August 31, 2020August 31, 2020

CG Power and Industrial Solutions Limited (CG) hits an upper circuit of 5 per cent at Rs 22.68 after the lenders of the company had approved...

BUSINESS

Mauritius Based PE Firm Invests Rs 250 Crore in Shriji Polymers

Amrita ChakravortyAugust 31, 2020August 31, 2020

August 31, 2020August 31, 2020

The private equity firm Creador, managing assets worth $1.5 billion, has invested Rs 250 crore in Indian pharmaceutical packaging firm Shriji Polymers (India) Ltd. Shriji’s...

BUSINESS

Gold Prices Jump, Overall Still Down Rs 5000 in This Month’s High

Amrita ChakravortyAugust 29, 2020August 29, 2020

August 29, 2020August 29, 2020

On Friday witnessed a sharp rise in both gold and silver prices domestically, in tandem with a rally in international rates. MCX revealed that October...

BUSINESS

Milkbasket Plans to Advance its IPO Launching in the Next Year

Amrita ChakravortyAugust 28, 2020August 28, 2020

August 28, 2020August 28, 2020

Milkbasket has advanced its plan for launching an Initial Public Offerings (IPOs) by the second half of the coming next year. During the Covid-19 pandemic, grocery delivery...

BUSINESS

Yes Bank Rises 5% After Rating Upgrade

Amrita ChakravortyAugust 28, 2020August 28, 2020

August 28, 2020August 28, 2020

Shares of Yes Bank rose 4.7 per cent after CRISIL upgraded its rating on the lender’s certificates of deposit (CDs) to A2+. The shares of Yes Bank traded at...

BUSINESS

Maruti Suzuki Partners Myles Automotive for Expansion of Subscription Service

Amrita ChakravortyAugust 28, 2020August 28, 2020

August 28, 2020August 28, 2020

Maruti Suzuki India has announced a partnership with Myles Automotive Technologies to expand its vehicle subscription service for individual customers under ‘Maruti Suzuki Subscribe’ brand in...

BUSINESS

Govt to Approve Deal of $2 Billion for Israeli-Made AWACS

Amrita ChakravortyAugust 27, 2020August 27, 2020

August 27, 2020August 27, 2020

Next week, the government is all set for the acquisition of two Phalcon Airborne Warning and Control Systems (AWACS). India had three Phalcon AWACS with...

EquityPandit

Category : BUSINESS

Brookfield, GIC Makes Rs 25K Cr Purchase of Reliance Jio’s Telecom Tower Assets

RIL Gains 3% on Buying Future Group Stake for Rs 24,713 Crore

CG Power Hits Upper Circuit of 5%, as Lenders Approved Tube Investments

Mauritius Based PE Firm Invests Rs 250 Crore in Shriji Polymers

Gold Prices Jump, Overall Still Down Rs 5000 in This Month’s High

Milkbasket Plans to Advance its IPO Launching in the Next Year

Yes Bank Rises 5% After Rating Upgrade

Maruti Suzuki Partners Myles Automotive for Expansion of Subscription Service

Govt to Approve Deal of $2 Billion for Israeli-Made AWACS

EquityPandit