China fines Alibaba, Tencent for failing to report past deals to anti-trust regulatorsThe State Administration of Market Regulation said in a statement that it had taken the decision after reviewing deals the firms were invol...
RIL fibre arm to raise nearly Rs 40,000 crore via InVIT routeThe fibre optic unit, earlier a part of RIL's telecom arm, Reliance Jio, has a debt of Rs 87,296.3 crore, including suppliers' credit.
Govt not to hive off Coal India arm CMPDIL, say unionsThey said the government is looking at the possibility of making National Minerals Exploration Trust (NMET) autonomous, and make it accessi...
NCLAT dismisses I-T dept plea against Reliance Jio on demerger of tower, fiber unitsThe Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement...
Brookfield Infrastructure Partners to pump Rs 25,215 crore into Reliance’s tower assetsA wholly owned RIL unit to invest the amount in Tower Infrastructure Trust that will own 100% of equity capital of Reliance Jio Infratel
InvIT to help us deleverage, improve appetite for projects: Virendra Mhaiskar, IRB Infrastructure DevelopersPlan to use Rs 3,350 cr from issue proceeds to repay bank debt of the six SPVs, says Mhaiskar.
InvITs talk of the town, will change fortunes of IRB, IndiaGrid, Rel InfraAn 8.5-times subscription to IRB InvIT kicks off deleveraging in infrastructure.
Fortis Healthcare surges 4% on stake sale reportsShares of Fortis Malar Hospitals rose 8.63 per cent to hit a high Rs 83.70. Fortis Hospitals held 63.03 per cent stake in the company as of...
Bees are behind 80 per cent pollinationBang the middle of all the noise and bustle of Bengaluru, worker bees collect nectar from flowers and return to their queen-bee.
State Bank of India, Punjab National Bank, Bank of Baroda may exit UTI Mutual Fund3 state-run banks jointly hold 55.5 pct of the - State Bank of India, Punjab National Bank and Bank of Baroda own 18.5 pct each.
Mytrah Energy may list business trust on Singapore ExchangeThe UK-based company hopes to have assets that generate about 600 megawatt of wind power at the time of listing in the next three-four mont...
Once upon a beehiveTo ensure stability and avoid chaos, the Government bees made rules and passed laws. The worker bees had to follow them, else they could be...
Fortis Healthcare raises $510 million through stake saleFortis Healthcare, India’s largest hospital chain, has raised a little over S$510 million, or Rs 2,300 crore, by selling about 70% stake in...
- Fortis Healthcare gains on Q4 results, spinoff plans
Shares of Fortis Healthcare Ltd surged over 4% in early trade on Tuesday after the company reported 41.34 per cent increase in consolidated...
Fortis Healthcare to list non-core business on Singapore ExchangeFortis Healthcare on Monday hived off its non-core business into a separate co that will be listed as a business trust on the Singapore Exc...
- Fortis Healthcare mulls hiving off non-core business, may go for Singapore listing to raise Rs 1,500 crore
Fortis Healthcare Ltd, the country's largest hospital company, plans to hive off its non-core business and related assets into a separate c...
- IDBI Bank plans foray into MF, PE
IDBI Bank is keen to expand its product offering and is eyeing an entry into mutual fund and private equity, according to VP Shetty, the ba...