LiveL&T to sell its subsidiary for Rs.522 crore to ESAB Holdings
Larsen & Turbo (L&T), has entered into a definitive agreement for Rs.522 crore, with ESAB Holdings Ltd, to sell its total stake in wholly owned arm...
Category : Latest News
ICICI Bank to raise $150 mn from offshore borrowing
ICICI Bank, plans to raise $150 million from offshore market this fiscal. As per bank, the committee of executive directors has approved the offshore borrowing plan...
India receives its first GE locomotive under $2.5 bn deal
India has received first of the 1,000 high power diesel electric railway locomotives that are to be supplied by General Electric’s (GE), American industrial giant...
Airtel associates with Karbonn to offer 4G Smartphone at Rs.1,399
Bharti Airtel has joined hands with Karbonn Mobiles, for an initiative called “Mera Pehla 4G Smartphone,” for selling 4G smartphone at an affordable price of...
L&T Hydrocarbon Engg receives Rs.1,150 cr contract from ONGC
L&T Hydrocarbon Engineering has bagged a contract worth Rs.1,150 crore from ONGC relating to a Daman Development Project. In a BSE filing L&T stated,”L&T Hydrocarbon...
Dena Bank plans to raise up to Rs.1,800 cr via QIP
Dena Bank plans to raise up to Rs.1,800 crore via private placement of shares to institutional investors. In a regulatory filing Dena Bank stated, the issue...
Reliance Nippon Life IPO receives SEBI consent
Reliance Nippon Life Asset Management Limited, receives SEBI’s consent for its estimated Rs.2,000 crore IPO. According to the latest update available on the SEBI’s website,...
GIC Re’s IPO opens for subscription
GIC Re, opens its Initial Public offering (IPO) today on October 11. The company is expecting to raise Rs.11,370 crore through the issue and the...
Cochin Shipyard bags Rs.5,400 cr Navy contract
Cochin Shipyard Ltd(CSL) stated, it has been the lowest bidder for a project of the Indian Navy and the Rs.5,400 crore contract for 8 vessels...
BOB to raise Rs.1,650 crore via bonds
Bank of Baroda (BOB) stated, it proposes to raise up to Rs.1,650 crore for funding business expansion,from Additional Tier I(AT-1) bonds. As per BoB, finance...