LiveCCI gives approval to acquisition of Electrosteel Steels by Vedanata
Vedanata Ltd has received approval from CCI, to acquire Electrosteel Steels Ltd. In a filing to BSE, Vedanata Resources plc stated, “Vedanta Ltd (the company)...
Category : Latest News
Env Ministry launches GSDP to train 5.5 lakh green skilled workers
The Union Environment Ministry has launched its Green Skill Development Programme (GSDP), to train over 5.5 lakh workers in environment and forest sectors in the...
HUL Q4 profit increases 14.2% YoY to Rs.1,351 crore
Hindustan Unilever (HUL) has reported a 14.2% YoY increase in net profit to Rs.1,351 crore, for the quarter end March 31,2018. The firm had posted...
Karnataka Bank to divest 8.26% stake in Universal Sompo
Karnataka Bank will divest 8.26% stake in Universal Sompo General Insurance to Dabur Investment Corporation and Sompo Japan. This transaction is awaiting approval from Insurance Regulatory and Development...
USFDA concludes inspection of J B Chemicals Panoli facility
The US health regulator has completed inspection of J B Chemicals and Pharmaceuticals Panoli facility, in Gujarat with two minor observations. In a BSE filing the...
DOT gives approval to merger of Bharti Airtel and Telenor India
The Department of Telecom (DoT) has given approval, to the merger of Telenor India with Bharti Airtel. The Supreme Court had rejected DoT’s petition for security...
Wholesale inflation for April comes in at 3.18%
Wholesale inflation grew 3.18% in April, making it a 4-month high. WPI grew at 2.47% in March and 3.85% in April 2017. Primary articles, grew...
Graphite India posts seven-fold rise in Q4 net profit
Graphite India has posted seven-fold rise in its net profit at Rs.4.54 billion, in the quarter ended March 2018. Last year in the same period, it...
Blackstone divests 8% stake in Mphasis
Blackstone, the promoter of Mphasis has divested 8% its stake in the company. Marble II Pte Ltd, a unit owned by PE firm Blackstone, sold...
The US health regulator completes inspection of Lupin’s Nagpur plant
The US health regulator has completed inspection of Lupin’s Nagpur facility, without making any observation. The company in a BSE filing, “announced successful completion of...