LiveNCLT gives green signal to Airtel-Telenor merger
The National Company Law Tribunal (NCLT), has given approval to the proposed merger of Bharti Airtel with Telenor India. The scheme was approved by the...
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KNR Constructions bags hybrid annuity project in Tamil Nadu
KNR Constructions has bagged second Hybrid Annuity Project in Tamil Nadu, from National Highways Authority of India (NHAI). The cost of the project is Rs.482.04...
Torrent Power receives 124.4 MW project from MSEDCL
Torrent Power has bagged 124.4 MW project from Maharashtra State Electricity Distribution Company (MSEDCL). The company was declared as the winner in the reverse e-auction process for...
Prestige Group to buy 80% stake in Sterling Urban Infraprojects
Prestige Group has entered into an agreement to acquire 80% stake in Sterling Urban Infraprojects, for a cash consideration of Rs.336 crore. Sterling Urban Infraprojects holds...
L&T Finance raises Rs.2,000 crore from L&T
L&T Finance Holdings has raised approx Rs.2,000 crore, via preferential allotment of shares to its promoter L&T. In a BSE filing L&T Finance Holdings stated, “The...
Cadila partners with Medicure to launch cholesterol drug
Cadila Healthcare has entered into partnership with Medicure to launch cholesterol drug in the US market. The company has entered into a definitive agreement with...
KEC International bags orders worth Rs.1,378 crore
KEC International has received orders worth Rs.1,378 crore across its businesses. The company’s T&D business has bagged orders worth Rs. 786 crore across India, Middle East...
Tata Steel announced as the highest bidder to acquire Bhushan Steel
Tata Steel has emerged as the highest bidder to acquire Bhushan Steel, with a bid of Rs.35,000 crore, while JSW Steel was the second highest...
Alembic Pharma to consider buyback of shares on March 12
Alembic Pharma proposes to consider buyback of equity shares, in a meeting of buyback committee scheduled to be held on March 12. The board will...
Axis Bank to associate with WhatsApp for UPI
Axis Bank will soon have the opportunity to process payments over the WhatsApp. Rajiv Anand, Axis Bank executive director and head of retail banking stated, “The...