Adani Group completes acquisition of Sanghi Industries, revises offer price to Rs 121.90/shareAmbuja Cements, owned by billionaire Gautam Adani, has completed the acquisition of Sanghi Industries at a revised offer price of Rs 121.90...
Sanofi board approves demerger of its consumer healthcare businessThis decision will open new gates for the India business and employees in a value-driven move to accelerate growth for both the pharmaceuti...
Scooters India shares rally 5% on EV plansThe scrip jumped 5 per cent to Rs 37.80 in early deals.
Govt invites EoI for strategic stake sale in Scooters IndiaIn a global invitation, the heavy industry ministry has asked interested parties to submit the EoI on or before May 7, 2018.
Government may seek help to keep Lambretta brandOn its website the company says: “Lambretta Licensing has been given the exclusive rights by Lambretta Srl to expand and develop the Lambre...
Short time revivals fail to speed up state-owned Scooters India profits, union now favours privatisationET reported in December that the government is yet again thinking of selling Scooters India. “We were at the forefront of opposing privatis...
No plan to disinvest in Bhel as of now: Praful PatelHeavy Industries and Public Enterprises Minister Praful Patel today said there is no immediate plan to divest government stake in power equ...
Cabinet nod for Rs 200 crore revival package for Scooters IndiaThe Cabinet also decided to hike salaries of employees of the two-wheeler maker. Their retirement age has also been increased to 60 years.
Cabinet clears revival package for Scooters India LtdThe automobile company, which has about 1,200 regular employees, has been incurring losses since 2002-03. In March 2009, the company was de...
Govt defers proposal for revival of Scooters IndiaThe government today deferred a proposal for the revival of sick PSU, Scooters India Ltd (SIL) due to absence heavy Industries and Public E...
- Government may take up EIL stake sale, SIL revival proposals on Thursday
"The Cabinet is expected to take up the proposal for revival of SIL through cash and non-cash assistance," said the source.
Government to consider Rs 200 crore revival package for Scooters IndiaThe Department of Heavy Industry had proposed a revival package of more than Rs 200 crore for revival of the company, sources said.
Govt shelves Scooters India disinvestment till holistic reviewAmid volatile market conditions, the government has put on hold the strategic sale of sick PSU Scooters India Ltd (SIL).
- Scooters India June quarter net loss at Rs 4.01 cr
State-owned Scooters India today posted a net loss of Rs 4.01 crore for the quarter ended June 30, 2011.
- Lohia Auto to bid for acquiring Scooters India; stock slumps
Electric two-wheeler maker Lohia Auto today said it will be in the race to acquire beleaguered public sector firm, Scooters India in which ...
- Scooters India's disinvestment approved; stock jumps 5 per cent
The disinvestment proposal was approved at a cabinet meeting chaired by Prime Minister Manmohan Singh.
'I wanted one last adventure as chairman, so we came to India'Otto Christensen, Chairman, Good Food Group in an interview with ET said the firm plans to bring its upmarket brand Streamline in Indian ma...