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MKN INVESTMENTS
CCI approves EMC's additional stake buy in McNally BharatThe Competition Commission has cleared EMC's proposed acquisition of 19.77 per cent stake in McNally Bharat Engineering Company Ltd.- EMC plans Rs. 100-crore equity infusion into McNally BharatThe debt-laden and struggling engineering firm of the Williamson Magor Group will be controlled jointly by the Khaitan family and EMC.
- McNally Bharat zooms 20%; investors may not get a chance to dip in, says expertMcNally surged 20 per cent in in intradat trade on Wednesday after the company raised Rs 100 crore equity capital.
- McNally Bharat to raise Rs 125 crore; another round of funding on cardsThe move is part of the company's corporate strategy to raise as much as Rs 250 crore it had decided in May last.
- Embassy Property in Rs 5,600-cr JV with Malaysian realty coRealty major Embassy Property Developments has entered into a joint venture with a Malaysian company MK Land Holding.
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