BSNL-MTNL merger a ploy to sell it cheap, says Rahul Gandhi

6 days, 4 hours ago

NHPC eyes PTC buy sans financing arm

India’s largest hydropower generator NHPC Ltd is keen on buying out its public sector co-promoters in power trading firm PTC India Ltd, three people aware of the plan said. Currently, NHPC, NTPC Ltd, Power Grid Corp. of India Ltd and Power Finance Corp. Ltd hold about 4.05% each in PTC India, totalling 16.2%. However, NHPC will not buy PTC India …

India Trading Power Company Mishra Stake Ntpc

2 weeks, 1 day ago

Explained: Why SJVN share price rose 8% today

India Today

Shares of SJVN Limited jumped by 8% in early trading on January 1, 2025, following the announcement of a new project in Bihar. The surge in share price of SJVN came after the company signed a Memorandum of Understanding with the Bihar government for a pumped storage power project valued at Rs 5,663 crore. The pumped storage facility, which will …

Bihar Energy Storage Project Share Sjvn Psp

2 weeks, 1 day ago

Small-cap penny Salasar Techno Engineering jumps after this amalgamation move. Details here

Live Mint

Stock Market Today: Small-cap penny Salasar Techno Engineering gained up to 5% in morning trades on Tuesday after the amalgamation move. The Board of Directors of Salasar Techno Engineering Limited, at its meeting held on December 30, 2024, has considered and approved the proposed Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited The Salasar Techno …

Engineering Limited Amalgamation Techno Salasar Salasar Techno Engineering Salasar Techno

2 weeks, 6 days ago

Trade and service sector leaders meet FM, urge tax cuts, export support

Live Mint

New Delhi: Trade and service sector representatives met finance minister Nirmala Sitharaman on Thursday for pre-budget consultations, seeking tax cuts for MSMEs, incentives for smaller companies to reduce their carbon footprint and energy costs, increased financial support for exporters, and the continuation of the Interest Equalisation Scheme to maintain export competitiveness. "Allocating specific funds for capacity-building programmes targeting prospective exporters …

India Support Growth Trade Sector Export Msme

2 weeks, 6 days ago

Swiggy, RVNL, NTPC Green among 11 midcap stocks likely to be upgraded to largecap space in AMFI rejig

Live Mint

Swiggy, Rail Vikas Nigam Ltd, NTPC Green Energy and Bajaj Housing Finance shares are among 11 mid-cap stocks that are expected to move into the large-cap segment in the upcoming semi-annual categorisation by the Association of Mutual Funds in India. Largecap Entrants Around 11 stocks are potential large-cap entrants from current mid-cap space, including CG Power and Industrial Solutions, Rail …

India Midcap Swiggy Iti Rvnl Ntpc Green Stocks Likely

4 weeks, 1 day ago

Properties worth Rs 22,280 crore of eco-offenders like Mallya, Nirav Modi restored by ED: Nirmala Sitharaman

New Indian Express

NEW DELHI: Finance Minister Nirmala Sitharaman has listed several major cases where the Directorate of Enforcement has from time to time attached properties of individuals and companies connected to economic offence cases. Replying to the debate on Supplementary Demands for Grants - First Batch for 2024-2025, the finance minister apprised the Lok Sabha Tuesday evening that the central enforcement agency …

Lok Sabha Crores Worth Restored

1 month ago

Stocks to Watch: Vedanta, Grasim, Reliance Power, Shriram Finance, Gland Pharma, and more

Live Mint

Here’s a quick look at stocks likely to be in focus in today's trade. Reliance Power: Reliance Power, led by Anil Ambani, announced that its subsidiary, Reliance NU Suntech Private Ltd, has secured a 930 MW solar energy project with a Battery Energy Storage System. Shriram Finance: Shriram Finance has completed the sale of its 84.44 percent stake in Shriram …

Vedanta Reliance Power Shriram Finance Grasim Gland Pharma Power Shriram

1 month ago

Stocks to watch today: Reliance Power, Cipla, Shriram Finance, IT stocks

India Today

The stock market is expected to open higher on Thursday, tracking gains in Asian markets. In today’s session, several stocks such as Reliance Power Ltd, Cipla, PC Jeweller, tec are likely to be in focus due to recent developments. RELIANCE POWER LTD Reliance Power Ltd will be under the spotlight after its subsidiary, Reliance NU Suntech, won a 930 MW …

India Power Crore Cipla Reliance Power Jeweller It Stocks

1 month ago

Adani Group to invest ₹7.5 lakh crore in Rajasthan, unveils ambitious green energy plans

Live Mint

Rising Rajasthan Global Investment Summit: The Adani Group announced a massive ₹7.5 lakh crore investment plan in Rajasthan during the Rising Rajasthan Global Investment Summit 2024, with over half of this investment to be implemented in the next five years. “The Adani Group plans to invest over ₹7.5 lakh crore across various sectors of the state economy, with over 50 …

Rajasthan Group Adani Investment Summit Plans Rising

1 month, 2 weeks ago

BSP stands strong with Visakhapatnam Steel Plant in its fight against privatisation, says MP Ramji Gautam

The Hindu

The Bahujan Samaj Party on Sunday expressed its solidarity with Visakhapatnam Steel Plant and its employees in the fight against privatisation, said BSP national co-ordinator and MP Ramji Gautam, while promising to spread awareness on the issue and raise the workers’ concerns in the Parliament. The BSP stands with you.” “The Bhartiya Janata Party, is disregarding the Constitution, promoting divisive …

Bsp Rao Plant Gautam Visakhapatnam Steel Plant Ramji Vsp Mr

1 month, 2 weeks ago

MoUs to spur innovation signed at TConsult conclave

The Hindu

The TConsult Collaboration Conclave 2024 inaugurated by IT and Industries Minister D. Sridhar Babu at T-Hub here on Saturday is playing host to the signing of as many as 117 MoUs aimed at fostering collaboration, innovation and growth across industries. Describing it as a remarkable achievement and commending TConsult founder Sandeep Makthala for his efforts in bringing policymakers, innovators and …

Tconsult

2 months ago

Reliance Industries stock in bear grip but CLSA sees 30% upside on this key growth trigger. Time to buy?

Live Mint

For investors in Reliance Industries, foreign brokerage CLSA’s recent prediction of a 30% upside in the stock might come as a respite, especially amid the sell-off in the counter, which has pushed it into bear territory. Key Upside Trigger The reason behind CLSA’s bullish stance is RIL’s new energy business worth $40 billion, which it believes the market is ignoring. …

India Energy Indian Stock Reliance Clsa

2 months, 1 week ago

Pantomath’s Bharat Value Fund Invests Rs 235 crore for Minority Stake in Haldiram Bhujiawala

Deccan Chronicle

Mumbai: Kolkata-based Haldiram Bhujiawala Limited has announced the successful closure of its Private placement round, with Pantomath’s Bharat Value Fund investing Rs 235 crore in the Company for minority stake. Haldiram Bhujiawala Limited retails its products under the brand “Prabhuji” The snacks market, one of the fastest-growing sectors in India, was estimated to be worth Rs 426 billion in FY24, …

India Market Brand Company Limited Eastern Haldiram

2 months, 1 week ago

Adani Energy Solutions shares tumble over 9%; here’s why

Live Mint

Shares of Adani Energy Solutions tumbled 9.3% to ₹975 per share in intraday trade on Thursday, November 7 after the MSCI’s latest rebalancing announcement excluded the Adani Group company from its Global Standard Index. In a release, MSCI cited publicly available disclosures indicating that Adani Energy Solutions had been issued a show cause notice by the Securities and Exchange Board …

Energy Solutions Yoy Adani Msci

2 months, 1 week ago

ONGC-NTPC combine wins exclusivity to close $800 million Ayana stake sale

Live Mint

NEW DELHI : State-run Oil and Natural Gas Corp. Ltd and NTPC Ltd have been given exclusive rights to acquire a majority stake in National Investment and Infrastructure Fund Ltd -backed Ayana Renewable Power Pvt. To boost their new and renewable energy play, NTPC and ONGC have announced a joint venture company through their green energy subsidiaries—NTPC Green Energy Ltd …

India Energy Investment Power Power Demand Green Demand

2 months, 1 week ago

Minister urges protection and promotion of handloom sector to save it from extinction

The Hindu

Minister Shivanand Patil urges the people to protect and promote the handloom sector, highlighting government initiatives and the need for collective responsibility. The handloom sector is facing extinction due to industrialisation and urbanisation, but the government is taking steps to support weavers and preserve the tradition.

Government Law Culture Economy Dharwad

3 months, 3 weeks ago

Stocks To Watch: Infosys, EaseMyTrip, NBCC, PC Jewellers, Delta Corp, Tata Power, And Others

News 18

Stocks To Watch On September 25: Equity Markets traded in a subdued manner, closing nearly unchanged on Tuesday after a recent rally. In today’s trade, shares of EaseMyTrip, Exxaro Tiles, NBCC, PC Jewellers, Delta Corp, Tata Power among others will be in focus due to various news developments. Adani Green Energy, Adani Energy Solutions: Adani Group companies Adani Green Energy …

Tata Power Infosys Nbcc Corp Jeweller Energy Adani Pc Jewellers

3 months, 3 weeks ago

NTPC shares jump more than 4% as renewable energy arm files draft papers to raise ₹10,000 crore via IPO

The Hindu

Shares of NTPC jumped by more than 4% to hit an all-time high on Thursday after NTPC Green Energy, the renewable energy arm of the firm, filed preliminary papers with capital markets regulator Securities and Exchange Board of India to raise ₹10,000 crore through an Initial Public Offering. The renewable energy firm said proceeds of the issue to the tune …

Energy Ntpc Jump

3 months, 4 weeks ago

Stocks To Watch: NTPC, IREDA, SpiceJet, Nazara Tech, ICICI Securities, BHEL, And Others

News 18

Stocks To Watch On September 19: Domestic markets remained volatile for another session, ending flat in line with global trends ahead of the US Fed meeting. Nazara Technologies: The company has approved a preferential equity issue to raise Rs 900 crore and increased its stake in Absolute Sports, which operates Sportskeeda, to 91 per cent. Aurobindo Pharma: The pharma company …

Tech Company Crore Cent Icici Securities Spicejet Ntpc Ireda

4 months, 2 weeks ago

PM praises Jan Dhan Yojana on 10th anniversary; Congress says ‘rebranding of initiatives’

Hindustan Times

Prime Minister Narendra Modi congratulated the beneficiaries of the Pradhan Mantri Jan Dhan Yojana, a scheme aimed at enhancing financial inclusion across India, as it celebrated its 10th anniversary on Wednesday, expressing gratitude to everyone who contributed to the mission’s success. The Jan Dhan Yojana has also assisted other government schemes such as the MUDRA Yojana, Pradhan Mantri Jeevan Jyoti …

India Access Banking Congress Modi Scheme Jan

4 months, 3 weeks ago

Why have institutions like CCI 'remained passive' as Adani built monopolies, asks Cong

Hindustan Times

New Delhi, The Congress on Wednesday questioned the Competition Commission of India over its approval of all acquisitions by the Adani Group, asking why such institutions "remained passive" as the conglomerate built "monopolies" in critical infrastructure sectors, raising prices at consumers' expense. Why have institutions like CCI 'remained passive' as Adani built monopolies, asks Cong Congress general secretary in-charge communications …

Congress Cong Her Husband Adani Cci Monopolies

4 months, 3 weeks ago

Stocks to Watch: Zomato, Bajaj Auto, ABFRL, TCNS Clothing, IndusInd Bank, Hindustan Copper, Torrent Power

Live Mint

Here’s a quick look at stocks likely to be in focus in today's trade. Torrent Power: Torrent Power has approached the National Company Law Appellate Tribunal to challenge the National Company Law Tribunal order that approved Sarda Energy and Mining's resolution plan for the debt-laden SKS Power Generation. Despite Torrent Power's objections, which claimed the selection process was discriminatory and …

Share Nclt Zomato Bajaj Auto Indusind Bank Lic Torrent

4 months, 3 weeks ago

NCLT approves slice and North East Small Finance Bank’s Merger

The Hindu

slice, India’s leading consumer payments and lending company has received approval from the National Company Law Tribunal for its merger with North East Small Finance Bank. The NCLT, Guwahati bench, has sanctioned the Scheme of Arrangement and Amalgamation involving Garagepreneurs Internet Private Limited, Quadrillion Finance Private Limited, Intergalactory Foundry Private Limited, RGVN Microfinance Limited, and North East Small Finance Bank …

Nclt Merger Slice North East Nesfb North East Small Finance Bank

4 months, 4 weeks ago

BJP planning to sell NMDC plant in Bastar, reneging on its promise, says Congress

The Hindu

The Congress on Saturday accused the Bharatiya Janata Party-led government at the Centre of going back on its promise of not privatising the National Mineral Development Corporation-operated Nagarnar plant in Chhattisgarh’s Bastar. The party’s general secretary in-charge Jairam Ramesh shared two news articles on X — a recent piece claiming that the Union Ministry of Finance was likely to invite …

Congress State Bjp Minister Nmdc Ramesh Chhattisgarh

5 months ago

NCLT directs RBI, DIPP to expedite approvals for Hinduja’s takeover of Reliance Capital

Live Mint

The National Company Law Tribunal on Monday instructed the Reserve Bank of India and the Department of Industrial Policy and Promotion to expedite approvals necessary for Hinduja-owned IndusInd International Holdings Ltd to complete its acquisition of the insolvent Reliance Capital. This directive followed a petition by the Hindujas seeking an extension of the timeline set by the tribunal in its …

Resolution Capital Plan Joshi Rbi Reliance Reliance Capital

5 months ago

Container Corporation Of India Q1 Results Live : profit rise by 5.14% YOY

Live Mint

Container Corporation Of India Q1 Results Live : Container Corporation Of India declared their Q1 results on 08 Aug, 2024. Container Corporation Of India has delivered -3.87% return in the last 1 week, 4.94% return in last 6 months and 16.08% YTD return. As of 09 Aug, 2024 out of 21 analysts covering the company, 2 analysts have given Strong …

India Container Corporation Rating Analysts Container Corporation Of Profit Rise

5 months, 2 weeks ago

Centre not making sincere efforts to revive Vizag steel plant, says CPI(M)

The Hindu

The Communist Party of India- Marxist has made a renewed appeal to the Union government for allocation of captive mines to the Visakhapatnam Steel Plant. In a statement on Wednesday, CPI State secretary V. Srinivasa Rao said that the Bharatiya Janata Party -led National Democratic Alliance government at the Centre was not making any sincere efforts to keep its promise …

Odisha Centre Vsp Captive Mines

6 months ago

Government may hand over MTNL operations to BSNL and not merge them

Hindustan Times

The government is considering to just hand over operations of the public sector telecom operator MTNL to the bigger BSNL instead of merging the two, Times of India reported, citing unidentified sources. Handing over debt-laden MTNL's operations to Bharat Sanchar Nigam Ltd through an agreement is being looked into {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Both MTNL and BSNL have struggled financially …

Crore Users Bsnl Mtnl

6 months, 2 weeks ago

Maharashtra government will not buy out RInfra’s stake in Mumbai Metro One

The Hindu

In a setback for Anil Ambani-led Reliance Infrastructure, the Maharashtra government has reversed its own decision to buy out the private company’s stake in Mumbai Metro One. The Mumbai Metropolitan Region Development Authority was to acquire RInfra’s stake for close to ₹4,000 crore, after the special purpose vehicle, Mumbai Metro One Private Limited, had approached the then-Maha Vikas Aghadi government …

Mumbai Maharashtra State Metro Crore Stake Mmopl

6 months, 3 weeks ago

Residual funds from Voda’s Indus Towers stake sale may go towards latter’s dues

Live Mint

Indus Towers would stand to receive residual funds, if any, from Vodafone Group Plc's stake sale in the company, owing to the secondary pledge it has on Vodafone's 21% stake in the telecom tower provider. “Indus has a secondary pledge on Vodafone Plc’ 21% stake and if the sale goes through then Vodafone will first clear the dues of the …

India Sale Crore Tower Stake Idea Vodafone

7 months ago

Stocks to watch: IndiGo, RVNL, TaMo, Vi, IRB Infrastructure, Jubilant Foodworks

Live Mint

Interglobe Aviation: Interglobe Enterprises, a promoter entity of Rahul Bhatia, is planning to sell a stake worth $394 million in Indigo Airlines’ parent company, Interglobe Aviation, via a block deal. Kalpataru Projects International: The company announced that its board has approved the proposal to raise ₹300 crore through the issuance of Non-convertible Debentures on a private placement basis. Bank of …

India Company Crore Stake Rvnl Interglobe Aviation Irb Infrastructure

7 months ago

TDP's Kinjarapu Ram Mohan gets Aviation, MoS Steel for Varma

New Indian Express

VIJAYAWADA: A day after three MPs from Andhra Pradesh were inducted into Prime Minister Narendra Modi’s Cabinet, as expected, three-time Srikakulam MP Kinjarapu Ram Mohan was allotted the Union Civil Aviation portfolio, while first-time Guntur MP Dr Pemmasani Chandra Sekhar was appointed as Minister of State for Rural Development and Communication. The decision to allocate the portfolios of MoS Heavy …

Plant Vsp State Mos

7 months, 2 weeks ago

PSU stocks create ₹7 lakh crore wealth in election season. Will this continue?

Hindustan Times

In the past four years, a total of 52 BSE PSU index stocks multiplied their market capitalisation by nearly 5 times. Rail Vikas Nigam Ltd, Hindustan Aeronautics Ltd, Cochin Shipyard Ltd, Hindustan Copper Ltd, Indian Bank, Bharat Dynamics Ltd, Bharat Electronics Ltd and Housing & Urban Development Corporation Ltd delivered 1,000-2,150 per cent returns in the four-year period. In the …

Psu Modi Stocks Stocks Create

7 months, 3 weeks ago

Reliance Industries seeks CCI approval for Viacom18-Star India merger

The Hindu

Billionaire Mukesh Ambani-promoted Reliance Industries has sought approval from fair trade regulator Competition Commission of India for the $8.5-billion merger of Viacom18 and Star India Pvt Ltd. "The proposed transaction aims to combine the entertainment businesses of Viacom18, part of Reliance Industries Ltd group and SIPL, wholly-owned by The Walt Disney Company. "As a result of the transaction, SIPL, currently …

India Reliance Industries Ott Reliance Cci Viacom18 Twdc

8 months ago

Is Haldiram's going to foreign arms? Blackstone-led $8.5 bn bid for 76% indicates so

Firstpost

In September, Tata Group’s consumer unit explored acquiring over half of Haldiram’s but opted out due to the steep $10 billion valuation. According to Economic Times, last week, a consortium led by Blackstone, the world’s largest private equity fund, submitted a non-binding bid to acquire a controlling stake in India’s largest snack and convenience foods company. According to an IANS …

India Delhi Indian Nagpur Blackstone Haldiram Snacks Private

8 months, 1 week ago

Hinduja overhauls corp structure for Reliance Capital deal

New Indian Express

NEW DELHI: The successful bidder for Reliance Capital – IndusIndia International Holding Ltd – has changed the entire corporate structure of the transaction for implementation of the resolution plan 20 days ahead of the deadline for completion of the process. Under the new structure, the transaction will take place through four new companies -- Cyqure India Private Limited, Ecopolis Properties …

Reliance Capital Iihl India Private Capital Deal

8 months, 2 weeks ago

PM Modi, CM Patnaik’s ‘partnership’ aims at benefiting a select few, alleges Rahul Gandhi

The Hindu

Senior Congress leader Rahul Gandhi on April 28 hit out at Prime Minister Narendra Modi and Odisha Chief Minister Naveen Patnaik saying they were in partnership aimed at benefiting a select few. “The way PM Modi runs government, which seems to revolve around a core of 20-25 billionaires, Odisha CM’s governance style also appears to prioritize a select group. Drawing …

Odisha Congress Gandhi Telangana State Bjp Pm Modi

10 months, 2 weeks ago

Stocks to Watch: Suven Pharma, Vedanta, Radico Khaitan, IHCL, Titan

Live Mint

Suven Pharmaceuticals: Global private equity firm Advent International has merged two of its pharmaceutical portfolio firms, Cohance Lifesciences and Suven Pharmaceuticals, according to a joint announcement. Notable among them are Vedanta Ltd, Coal India Ltd, NLC India Ltd, Shree Cement, Orient Cements, Ola Electric, Dalmia Group, Rungta Group and Jindal power etc," the statement said. Indian Hotels Corporation: In line …

India Director Company Titan Managing Director Vedanta Ihcl

10 months, 3 weeks ago

Tata Group companies to invest ₹2,300 crore in manufacturing hub in Karnataka

Live Mint

Tata Group subsidiaries, Air India and Tata Advanced Systems, are set to invest ₹2,300 crore in Karnataka, towards establishing a Maintenance Repair and Overhaul facility in Bengaluru, envisioning the city as the aviation hub of South India, PTI reported on February 19. Air India's Ambitious Plans Air India, which will establish the MRO facility in Bengaluru with an investment of …

India Bengaluru Karnataka Investment Crore Group Pti

10 months, 4 weeks ago

A balanced budget with a focus on creating growth, employment, say trade bodies

The Hindu

The State Budget presented on Friday was “a well thought about, balanced and a developmental Budget’‘ and Chief Minister Siddaramaiah focused on a wide spectrum of core areas such as agriculture, energy, women empowerment, education, skill development, healthcare, Bengaluru development and beyond Bengaluru, reacted trade body representatives in Karnataka. Focus on Beyond Bengaluru The trade body FKCCI called it a …

Bengaluru Budget

11 months ago

Tata Steel Signs MoU With IIT Bhubaneswar To Foster Innovation

Deccan Chronicle

Bhubaneswar: Leading steel manufacturer Tata Steel on Monday signed a Memorandum of Understanding with IIT Bhubaneswar Research and Entrepreneurship Park to foster innovation, research, and entrepreneurship in projects of mutual interest. Under the MoU, Tata Steel and IIT Bhubaneswar REP, a company promoted by IIT Bhubaneswar, have joined hands to explore collaboration in different areas including materials processing and modelling, …

Steel Bhubaneswar Iit Tata Rep Tata Steel Iit Bhubaneswar

11 months, 1 week ago

Congress Destroyed PSUs like BSNL, MTNL, HAL and Air India; Now They Are Flourishing: PM Modi

News 18

Prime Minister Narendra Modi on Wednesday said the Congress party destroyed public sector undertakings like BSNL, MTNL, HAL and Air India during its tenure and the current government has made efforts to turn them around. He also said BSNL that the Congress destroyed is now moving towards Made in India 4G and 5G. The prime minister said the strength of …

India Congress Modi Destroyed Psu Bsnl Lic

1 year ago

Vibrant Gujarat Summit sees billion-dollar pledges: Check key announcements

Live Mint

The 10th Vibrant Gujarat Global Summit, which commenced on January 10, witnessed a flurry of investment pledges and announcements across various sectors. Track Live Updates | Vibrant Gujarat Summit LIVE Updates: PM Modi says India's port infrastructure secures new investments from UAE companies Here are some of the top announcements India to be third largest economy by 2027-28, says Nirmala …

Global India Gujarat Gift City Maruti Suzuki Group

1 year ago

Stocks to Watch: JK Tyre, Deepak Nitrite, Religare, BPCL

Live Mint

JK Tyre: The company has launched a QIP to raise funds. IREDA: The board approved the raising of unsecured bonds worth ₹500 crore, with a green shoe option of up to ₹1,500 crore on a private placement basis. Deepak Nitrite: Its subsidiary Deepak Phenolics has approved a binding term sheet with Petronet to offtake 250 KTPA of propylene and 11 …

Company Crore

1 year ago

CPI (M) leaders seek CBI probe into alleged ‘coking coal scam’ in Vizag Steel Plant

The Hindu

CPI Visakhapatnam district secretary M. Jaggunaidu and Greater Visakhapatnam Municipal Corporation 78th ward corporator B. Ganga Rao demanded a CBI inquiry into the alleged ‘coking coal scam’ in RINL-Visakhapatnam Steel Plant. On Saturday, Mr. Jaggunaidu and Mr. Ganga Rao said they would soon file an official complaint with the CBI and vigilance officials on the scandal in purchasing coking coal …

Quality Coal Cbi Coking High Prices Ganga Rao Plant Cpi

1 year, 1 month ago

UltraTech Cement share price crosses ₹10,000 mark, up 40% this year; should you buy?

Live Mint

In today's trading session, UltraTech Cement, a flagship company of the Aditya Birla Group, achieved a historic milestone as its shares surged beyond the ₹10,000 mark for the first time. Meanwhile, UltraTech Cement is set to acquire the cement business of BK Birla Group's flagship company, Kesoram Industries, in an all-share deal valued at approximately ₹7,600 crore, including debt. It …

Company Mark Cement Ultratech Cement Kesoram Ultratech Deal Share

1 year, 1 month ago

NCLT Ahmedabad Directs Promoters To Deposit Rs. 7.78 Crores With Corporate Debtor Based On Forensic Audit Report

Live Law

The National Company Law Tribunal, Ahmedabad Bench, comprising of Shri Shammi Khan and Shri Sameer Kakar, has directed the Promoters/Suspended Management of Sysco Industries Ltd. to deposit Rs. The Resolution Professional had filed an application under Section 43 of IBC based on a forensic audit report, seeking reversal of amounts to the Corporate Debtor, in view of preferential transactions undertaken …

Corporate Management Corporate Debtor Promoters Forensic Audit Nclt Bench

1 year, 3 months ago

FIR filed against Hero MotoCorp alleging forgery, Pawan Munjal, top execs named

Live Mint

New Delhi: The Delhi police have registered an FIR, against Hero MotoCorp, the country's largest two-wheeler maker, in a matter alleging issuing fake bills worth ₹6 crore following a terminated agreement with a service provider, and "cheating the income tax department" by obtaining tax credit against the forged bills. Recently, Hero MotoCorp has been targeted by tax authorities and the …

Hero Hero Motocorp Fir Filed Motocorp Alleging Pawan Munjal

1 year, 3 months ago

Stocks to Watch: Sun Pharma, Adani Green, Emami, Uno Minda, NLC India

Live Mint

Following are the top 10 stocks that will be in news on Friday: Sun Pharmaceutical: The drug major will buy out local partner Indi Pharma from its Mexican arm for over ₹75 crore. Adani Green & Adani Energy: Abu Dhabi conglomerate International Holding Company on Thursday said it will sell its stake in two of India's Adani Group companies, a …

India Company Adani Stake Sun Pharma Emami Uno

1 year, 5 months ago

Container Corp Q1 results: Net profit dips over 17% at ₹246 crore, board approves dividend of ₹2 per share

Live Mint

State-owned logistics operator Container Corporation of India on Thursday reported over 17% decline in net profit at ₹246 crore for the first quarter ended June 30 of fiscal year 2024. Revenue from operations dropped 3.6% at ₹ 1,922 crore, Container Corporation said in an exchange filing. On July 18, the National Company Law Appellate Tribunal had stayed the insolvency proceedings …

Container Company Corporation Corp Net Profit Container Corporation Of India Container Corporation

BSNL-MTNL merger a ploy to sell it cheap, says Rahul Gandhi

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