Sterlite & GIC to set up $1 billion JV for power transmissionVedanta Group's Sterlite Power Transmission Ltd (SPTL) and Singapore's sovereign wealth fund GIC are forming a $1 billion platform for Indi...
Sion Panvel Tollways gets three bidsThe company that defaulted on its ₹1,536 crore loan has received bids from Kalyan Tollways, Prakash Asphaltings & Toll Highways (India), an...
Sterlite Power Transmission to demerge its transmission infra businessPratik Agrawal, Managing Director, SPTL, said in the statement, "The demerger will enable both entities to create independent capital struc...
Singapore's GIC ties up Vedanta Group company Sterlite Transmission for $1 bn joint ventureGIC will be deploying $500 million in the infrastructure business for a 49% stake. The investment will take place in tranches, with an init...
IOB-led lenders group puts Sion Panvel Tollways' ₹862-cr bad loan on saleThe debt on sale includes exposures from Bank of Baroda, Canara Bank, Punjab National Bank, State Bank of India, and India Infrastructure F...
IndiGrid completes acquisition of Khargone Transmission Ltd"IndiGrid announces the completion of acquisition of 100 per cent shareholding and economic interest in Khargone Transmission Ltd (KTL) fro...
NARCL offers Rs 220 crore for Sion Panvel Tollways' debt"SPTL is a special purpose vehicle (SPV), which was formed to manage this highway, which is an important road leading into and out of Mumba...
Sterlite Power announces bonus share issue; IPO expected by year-endThe Vedanta Group arm's bottom line was dented as expenses more than doubled in the said period.However, it clocked a 150 per cent rise in ...
IPO-bound Sterlite Power win Rs 324 crore order in north-eastBillionaire and Vedanta Resources Chairman Anil Agarwal-led Sterlite Power Transmission (SPTL) is eyeing to raise up to Rs 1,250 crore from...
IPO-bound SPTL returned to black in FY21; grey market bullish on itThe Vedanta Group company reported a 10 per cent rise in income from operations at Rs 2,933.85 crore for FY2020-21, against Rs 2,675.42 cro...
Sterlite Power files DRHP for Rs 1,250 crore IPO with SEBISterlite Power IPO is expected in the last quarter of this year.
Nayara Energy likely to raise up to Rs 2,500 cr“Discussions are on as the company is looking to raise in the range of Rs 1,500-2,500 crore,” said one of the persons cited above.
RIL promoter group co Sikka Ports plans to raise Rs 4,000 cr via bondsThe bond sale could well prompt other large firms to tap into the local debt market, which is drying up in the aftermath of localised lockd...
NCLAT sets aside Ferro Alloys promoters plea against NCLT approvalEarlier, the Committee of Creditor (CoC) had approved Sterlite Power Transmission Ltd's (SPTL) bid by 95.15 per cent of voting share, which...
Infibeam to launch Sintex’s online B2C platform for consumerThe onlineB2C platform will cater the on-demand customer purchase of Sintex brand Products.
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Stakeholders Empowerment Service opposes Sterlite Technologies’ plan to demerge power businessHowever, while denying the allegations, company said that the proposed demerger initiated by the company has been done with the intent to u...