LiveL&T Construction secures orders worth Rs.1,504 crore
L&T Construction has secured orders worth Rs.1,504 crore in the domestic market. In a BSE filing the company stated, “The heavy civil infrastructure business of...
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JSW Steel finalizes deal to acquire Aferpi
JSW Steel has finalized the deal to acquire Aferpi, which is Italy’s second largest steelmaker. The value of the deal is approx Rs.600 crore. Aferpi has a...
Dai-ichi Life acquires 39.62% stake in Union Asset Management Co.
Dai-ichi Life has acquired 39.62% stake in Union Asset Management Company, via investment in compulsorily convertible preference shares. However, the amount of cash consideration has not...
Bajaj Finance Q4 net profit up 60.5% YoY at Rs.720.9 crore
Bajaj Finance has reported a 60.5% year-on-year (YoY) increase in net profit at Rs.720.95 crore for the quarter ending March 31, 2018. Last year in the...
Reliance Power sells entire stake in Jharkhand Integrated Power
Reliance Power has sold its entire stake in Jharkhand Integrated Power, set up to develop Tilaiya UMPP, to Jharkhand Urja Vikas Nigam Ltd for Rs.112.64 crore....
Suven receives product patents by Australia, Singapore
Suven Life Sciences has been granted two product patents one by Australia and one by Singapore, corresponding to a new chemical entity (NCE) for treating...
L&T Construction wins orders worth Rs.2,440 crore
L&T Construction has secured new orders worth Rs.2,440 crore. In a BSE filing the company stated, “The power transmission and distribution business of L&T Construction...
Yes Bank to raise USD 1 billion through share sale
Yes Bank proposes to raise USD 1 billion through selling shares, by way of qualified institutions placement, private placement or a combination thereof of equity shares or...
ArcelorMittal gets shareholders nod to convert the currency of share capital
ArcelorMittal has received shareholder’s approval to convert the currency of share capital to US dollar, from the euro. This is done with a view to simplify...
JSW Steel to invest additional Rs.17,600 crore to increase its capacity
JSW Steel has decided to inject an additional Rs.17,600 crore, for increasing its steel capacity to 24.7 million tonne per annum (mtpa) by 2020. Seshagiri Rao, JSW...