LiveRIL has exited Africa oil retail biz, sells entire 76% GAPCO stake
Reliance Industries (RIL) has exited its African fuel retail business through sale of its entire 76 percent stake to Total SA of France for an...
Category : Latest News
BSE is planning to sell up to 30% stake in IPO
Asia’s oldest stock exchange BSE is planning to sell up to 30 percent stake in its much awaited initial public offer (IPO) that is expected...
ONGC Videsh has signed agreement with SOCAR Trading
ONGC Videsh Ltd has signed an agreement with the trading arm of Azerbaijan’s state energy company SOCAR to foray into oil trading. OVL’s share of...
Apollo Tyres has raised Rs 325 crore through private placement of NCDs
Apollo Tyres has raised Rs 325 crore through private placement of redeemable non-convertible debentures (NCDs). The company has said in a BSE filing that the...
Suzuki’s Gujarat plant is going to be operational in 2017
Suzuki Motor Corp, the Japanese automaker has said that its wholly owned car plant in Gujarat where a total investment of Rs 18,500 crore has...
Domestic air passenger traffic increased by 21.8 percent
According to IATA, the domestic air passenger traffic growth out performed major aviation markets for the 13th consecutive month on account of increase in number...
NTPC reports 8% decline in profit for Q4 to Rs 2716 crore
NTPC, the largest power generation company of India has reported 7.7 percent decline in its standalone profit for the fourth quarter to Rs 2,716 crore...
Stempeutics has got DCGI approval for stem cell based product
Stempeutics Research has got the limited approval from the national drug regulator, DCGI, for its stem cell based product Stempeucel to treat Buerger’s Disease. Cipla,...
Majesco’s board has approved to raise Rs 250 crore to fund future acquisitions
Majesco’s board has given its approval for the company’s plan for raising Rs 250 crore through Qualified Institutional Placement (QIP) route. The board has also...
SoftBank’s investment in India may exceed $10 billion
SoftBank, the Japanese telecom and Internet giant’s investment in India will top USD 10 billion in 5-10 years. Masayoshi Son, its Chief Executive has said...