LiveEssar Oil has posted record Rs 2,162 crore net profit for FY 2015-16
Essar Oil has posted a record net profit of Rs 2,162 crore in the 2015-16 fiscal. Essar Oil, at the Annual General Meeting at Vadinar...
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NTPC has signed 160 MW agreement with Nepal Electricity Authority
NTPC‘s wholly owned arm NTPC Vidyut Vyapar Nigam has signed a power purchase agreement with Nepal Electricity Authority for supplying 160 MW power for January-May...
Nabard has sanctioned loans worth Rs 35,322 crore under Irrigation Fund
The National Bank for Agriculture and Rural Development (Nabard) has so far sanctioned loans worth Rs 35,322 crore under Long Term Irrigation Fund (LTIF). LTIF,...
Lupin has received USFDA approval for hypertension treatment drug in US
Lupin has got US health regulator’s approval to sell Olmesartan medoximil tablets that are used in treating high blood pressure in the American market. Lupin...
Srei Infrastructure subsidiary aims to raise Rs 500 crore through NCDs
Srei Infrastructure Finance Ltd has said that its subsidiary aims to raise up to Rs 500 crore via public issue of non-convertible debentures (NCDs). The...
Camlin Fine going to acquire 51% stake in a Chinese firm
Camlin Fine Sciences (CFS) is going to acquire 51 percent stake in China based Ningbo Wanglong Flavors and Fragrances Company Ltd (NWFFCL). The company has...
M&M aims to hike vehicle prices by up to Rs 26,500 from January
Mahindra & Mahindra has been planning to increases the prices of its vehicles by up to Rs 26,500 from January as it plans to partially...
IDFC Bank has launched aadhaar-linked cashless merchant solution
IDFC Bank has launched aadhaar linked cashless merchant solution which uses a retailers’ smartphone to enable digital payment. The bank has said in a statement...
Allahabad Bank has merged its wholly owned subsidiary AIIBank Finance with itself
Allahabad Bank has merged its wholly-owned subsidiary AIIBank Finance with itself. The Board of Directors have given their approval to the merger. Allahabad Bank has...
Sasken has received shareholders’ approval for Rs 120 cr buyback
The shareholders have provided their approval to Sasken Communication Technologies for buyback of up to 28.24 lakh equity shares, at a price not exceeding Rs...