Customs case: Singhania-led Raymond Group pays ₹328-crore penaltyThe federal agency identified Raymond Group chairman and managing director (CMD) Singhania as the "beneficial owner," on whose alleged inst...
Aster DM Healthcare shares zoom 15%, hit 52-week high on sale of Gulf business for $1.01 billion“The board of directors of Affinity approved the sale of shares held by Affinity in Aster DM Healthcare FZC to Alpha GCC Holdings Limited a...
Aster DM sells stake in its Gulf business for $1.01 billionAster DM Healthcare plans to sell its stake in its Gulf business to Alpha GCC Holdings for $1.01 billion, aiming to separate its operations...
Tanla Platforms to acquire ValueFirst for Rs 346 crore from TwilioTo this effect, Tanla has signed a definitive share purchase agreement to acquire ValueFirst, “subject to upward closing adjustments in the...
Bhandari received over Rs 400 crore from defence cos for Indian dealsThe bank records, which are available with investigative agencies, indicate that a bulk of the money (Rs 328 crore) was transferred by Swit...
IL&FS completes stake sale in Terracis Technologies, resolves Rs 1,275 cr debtEarlier, Infrastructure Leasing and Financial Services (IL&FS) said it has completed the sale of its 71.84 per cent stake in IL&FS Prime Te...
IL&FS gets NCLT nod to sell stake in 3 group cos including power, toll road, offshore entityOnce all these three stake sale transactions are concluded, IL&FS will be able to resolve debt of around Rs 2,800 crore.
TVS Motor Company ties up with Bahwan International Group to strengthen its presence in IraqTVS Motor ranks amongst the top five two-wheeler companies globally with a presence in over 70 countries across Africa, South East Asia, th...
New FIR lodged against arms dealer Sanjay BhandariIt is alleged that acting as middleman Bhandari “induced” unknown public servants to show “undue favour” to the consortium of M/s Samsung E...
CBI books alleged arms dealer Sanjay Bhandari, others in Pilatus aircraft dealThe CBI also carried out searches at the residence and office of Sanjay Bhandari in connection with the deal, officials said.
Talwandi Sabo Power appoints Agnivesh Agarwal as chairman of board of directorsAgnivesh Agarwal joined Talwandi Sabo Power Limited (TSPL) as Director and Chairperson of the Company effective from 27th April, 2019.
FIPB to take up 16 FDI proposals at April 5 meetingFIPB, chaired by the Economic Affairs Secretary, will also consider the proposal of Gulf Quarry General Trading FZC which has sought approv...
FIPB to take up 17 FDI proposals on December 16FIPB on December 16 will again take up investment proposals of Cadila Healthcare and Holcim (lndia) following recent changes in the foreign...
IVRCL sells its desalination plant in Chennai to Dubai companyIVRCL has been looking to sell its BOT and BOOT projects, besides hoping to retire about Rs 2,400 crore of debt and get back equity of Rs 1...
Jindal Saw subsidiary raises Rs 775 crore loan"JSME, a subsidiary of Jindal SAW, has closed a club facility of AED 465 million for its long-term and growth capital requirements," the co...
- IL&FS Engineering bags Rs 71.4 cr order for oil pipeline work
IL&FS Engineering and Construction today said it has received a Letter of Intent (LOI) from IPTF, Fujairah, FZC for oil pipeline work at Po...
- JK Cement to set up Rs 750-cr plant in UAE
JK Cement has five manufacturing plants in Rajasthan and Karnataka with a total capacity of 7.5 million tonnes per annum.