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OMAN SUBSIDIARY
Long-term Investing: Ecosystem with an edge called India; 12 large- mid- and small-cap stocks with upside potential of up to 34%Tactical investing should not be confused with long-term investing. In a world where geopolitical risk, commodity shocks, and uncertainty a...- Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official"We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive directo...
- Separate case keeps ex-navy official Tiwary in Qatari jail; efforts on to free him: SourcesFormer Indian Navy officer Purnendu Tiwary stays in Qatar. He was arrested with seven others for espionage in 2022. While others returned, ...
- Lufthansa union calls two-day pilot strike from April 13: What travellers should knowLufthansa pilots will strike for two days starting April 13. This action follows a breakdown in pension talks. The strike is expected to di...
- Tata is said to be in talks to buy out investors in ResurgentTata Group, through Tata Power, is reportedly in discussions to acquire the remaining shares of Resurgent Power Ventures Pte from ICICI Ven...
- Nykaa incorporates new Oman subsidiary in Middle Eastern pushAs per the filing, the new entity will be involved in the “international and domestic” sale and trade of beauty and personal care (BPC) pro...
- JSPL completes divestment of Oman assets to Vulcan Steel“JSPML has sold the balance shareholding held by it, representing 51 % of the share capital of JSIS Oman, to Vulcan Steel in the second and...
- BPCL board approves buying out Oman Oil's stake in Bina refineryThe BPCL board at its meeting on Thursday also approved merging Bharat Gas Resources Ltd (BGRL) with itself, the company said in a filing t...
- Bharat Petroleum Corporation to consider buying out Oman Oil's stake in Bina refineryBPCL holds 63.68 per cent stake in Bharat Oman Refineries Ltd (BORL), which built and operates a 7.8 million tonne oil refinery at Bina in ...
- Tata Steel signs agreement to sell stake in Al Rimal MiningUnder the agreement Tanmia, a closely held joint stock company incorporated in Oman, will be inducted into Al Rimal Mining as a shareholder.
- Indian Oil acquires Shell's 17 per cent Oman oilfieldMukhaizna oilfield is the single largest producing individual oilfield in Oman, contributing about 13 per cent of total Omani crude oil pro...
- L&T subsidiary bags Rs 370 mn orders from Oman firmLarsen and Toubro (L&T) today said its subsidiary has bagged two orders worth Rs 370 million (Rs 2,456.24 crore) from Petroleum Development...
- Blue Star acquires 51% stake in Oman's OEMCBlue Star Ltd announced that it has acquired 51% stake in Oman Electro Mechanical Contracting Co LLC, a 100% subsidiary of W J Towell & Co ...
- NBCC sets up new subsidiary in OmanNBCC has 70% stake in 'NBCC Gulf LLC' and 30% is held by 'Al Naba Holding LLC' - a leading business group in Oman, NBCC said in a regulator...
- GMR to provide consultancy services to Oman Airport ManagementGMR group will help Oman Airport authorities in the take over of the new terminal at the Salalah International Airport, ahead of its offici...
- Larsen & Toubro bags Rs 2,215 crore worth orders in last two monthsThe company secured orders worth Rs 1,137 crore in the power and transmission business in both domestic and international markets.
- L&T bags contracts worth Rs 2,521 crore in DecemberThe company's overseas subsidiary L&T Oman has secured an order for the construction of a new passenger terminal at Duqm Airport in Oman.
- Jindal Shadeed signs $725 million syndicated term loan facility with Bank MuscatOriginally founded in 2005 by Al Ghaith Holdings PJSC of Abu Dhabi, Jindal Shadeed was acquired by Jindal Steel & Power Limited.
- Larsen & Toubro bags airbase construction contract in OmanL&T Oman LLC has bagged a contract from the Sultanate of Oman for construction of the Adam Airbase in Al Dakhiliya Governorate.
- RIL bags deepwater oil and gas block in OmanMukesh Ambani-run Reliance Industries Ltd has won a deepwater oil and gas block in Oman, a company source said.
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