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IDPL HYDERABAD
L&T to sell 8 roads, transmission project to Edelweiss fund for Rs 7000 croreThe divestment is part of L&T’s asset-light strategy, which has seen the company exit several non-core assets. The L&T Infrastructure Devel...- L&T starts process to divest its 51% in IDPLEngineering giant Larsen & Toubro has initiated the process to sell its entire 51% in L&T Infrastructure Development Projects (L&T IDPL) as...
- Canada Pension Fund's investment will prop L&T IDPL's road projects: K Venkatesh, CEO & MD"It helps IDPL from several points of view. First, it provides the equity for completing two of our projects under construction in the road...
- Government mulls sale of unused land of pharma PSUsGovernment is looking at raising a record Rs 69,500 crore from disinvestment of its shareholding in state-owned firms and the sale of their...
- IDPL Hyderabad to be revived; NIPER to get new campus: Hansraj Gangaram AhirBesides, the National Institute of Pharmaceutical Education and Research would get a new campus, entailing an investment of Rs 300 crore.
- Uttarakhand CM Harish Rawat takes up IDPL revival with CentreRawat has also urged for one-time financial assistance from the central government for maintenance of IDPL plants and machinery.
- Government signs pact to revive Indian Drugs and Pharmaceuticals Ltd, to provide need-based fundsDraft Rehabilitation Scheme (DRS) for revival of IDPL has been submitted and cabinet note for revival is on process.
- Hot stock: Daiwa sees over 38% upside in L&T in six monthsThe brokerage has a six-month price target of Rs 1,150 on the stock, an upside of over 38 per cent from the current market price.
- L&T explores business trust model for IDPL's road portfolio to raise Rs 2500 croreParallel talks with sovereign wealth funds, pension funds at advance stage for equity infusion at infra arm, bankers moot alternate model b...
- L&T to raise over Rs 2,500 crore by selling 20% in infra armL&T Infrastructure Development Projects is in negotiations to divest up to 20% stake to marquee investors, including Malaysian sovereign fu...
- L&T on course to divest IDPL this fiscal: RamanLarsen & Toubro plans to divest its stake in L&T Infrastructure Development Projects by the end of the fiscal.
- Global funds line up to invest in L&T Infrastructure Development ProjectsSingapore, Abu Dhabi and Malaysia government funds have put in formal bids for investing in L&T Infrastructure Development Projects.
- Larsen & Toubro to sell equity in infrastructure projectsL&T plans to bring in partners in various infrastructure projects through sale of equity, the engineering and construction company's Chairm...
- Pharma department considers draft cabinet note for IDPL revivalThe Department of Pharmaceuticals (DoP) is considering to seek cabinet approval for the revival of state-run Indian Drugs and Pharmaceutica...
- Centre plans Rs 976-cr on revival revival package for IDPLA Rs 976-crore revival package is on cards for Indian Drugs and Pharmaceuticals Limited (IDPL), a government official said here today.
- L&T to buy out investors in infra armLarsen & Toubro will make L&T Infrastructure Development Projects (L&T IDPL), a wholly-owned subsidiary, by buying 14% from IDFC Private Eq...
- Ailing pharma PSU awaits Rs 761 cr bailoutThe government is likely to expedite the revival plan of sick pharmaceutical public sector unit Indian Drugs and Pharmaceuticals Ltd (IDPL)...
- IDPL launched three new OTC medicinesPharma company IDPL launched three new over the counter (OTC) medicines including emergency contraceptive pill Mismis.
- Paswan may keep IPCL out of IDPL revival packageThis has the potential to snowball into a full-blown tussle between India’s largest company Reliance Industries and the government.
- BRPSE clears revival of three PSU drug cosThe Board for Reconstruction of Public Sector Enterprises (BRPSE) has approved a Rs 3,222-crore revival package for the ailing Indian Drugs...
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