No proposal for merger of sick fertiliser units with profit-making firms: Govt"Both units are operational. FACT has reported profit from 2018-19 fiscal to 2020-21. MFL has incurred losses from 2015-16 to 2019-20," Min...
Shriram Transport, Hero FinCorp plan to raise $600 mn overseasLoans may be offered on three-year or five-year maturities. They would be priced after adding a spread over the London Interbank Offered Ra...
Stocks in the news: RIL, PNB, Bharat Forge, HFCL, Britannia and Tata MotorsNIIT, Jammu Kashmir Bank and Pennar Industries are among the companies that will announce their March quarter results today.
Stocks in the news: Bandhan Bank, Maruti Suzuki, PNC Infratech, TCS and LupinCN Infrabuild sold shares of PNC Infratech worth over Rs 276 crore through an open market transaction.
5 closed fertiliser plants being revived at Rs 37,971 cr cost, says GowdaThe government fixes the maximum retail price of urea and manufacturers are compensated by way of subsidies.
Himachal Futuristic Communications ex-director settles GDR manipulation probe with SebiMaloo was the director of HPCL during the time of alleged violation, and the regulator had initiated adjudication proceedings against him i...
Five private equities in race for 10% stake in Hero FinCorp for Rs 800 croreHero is expecting to fetch around $120 million, or little more than Rs 800 crore, from the stake sale and the deal would value Hero FinCorp...
Government waives over Rs 9,000-crore loans of HFCLThe Cabinet also approved transfer of 56 acres of ash dyke land of Barauni unit to Bihar State Power Generation Company Ltd to settle dues ...
Cabinet approves ammonia-urea complex with investment of Rs 4,500 croreThe project, which entails an investment of about Rs 4,500 crore, will be executed by a joint venture company in the public private partner...
- I-T Dept looks into Videocon-Datacom deal tax implications
The Income Tax Department is looking into the tax implications of a deal between Datacom solutions and the Videocon Group after the former ...
- Nahata-owned HTL in SARFAESI net, SBI takes possession of prime land
State Bank of India (SBI) has swiftly acted and taken possession of prime properties in Chennai, owned by Hindustan Teleprinters (HTL) by e...
- Ailing fertiliser units likely to be revived by 2011-12
All ailing fertiliser units are likely to be revived by 2011-12 either through the JV route or by inducting a strategic partner, fertiliser...
- Dhoots, Nahata in talks to end Datacom feud
HFCL-promoter Mahendra Nahata and the Dhoots of Videocon Group may soon arrive at a solution to end the corporate battle over Datacom.
- Dhoot-Nahata battle over Datacom hots up
HFCL chairman Mr Nahata, who owns 36 per cent in Datacom, has sent a communication to State Bank of India and Datacom’s auditors alleging t...
- Urea shortfall saves the day for sick PSUs FCIL & HFCL
Public sector companies, Fertiliser Corporation of India (FCIL) and Hindustan Fertiliser Corporation (HFCL) have got fresh lease of life as...
- HFCL's Nahata and Maloo may part ways
Mahendra Nahata and Vinay Maloo, the duo who scripted the meteoric rise of Himachal Futuristic Communications (HFCL) and then watched its d...
- HFCL's Nahata and Maloo may part ways
Mahendra Nahata and Vinay Maloo, the duo who scripted the meteoric rise of Himachal Futuristic Communications (HFCL) and then watched its d...