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Reputation: 12,150 • Yesterday 5:11 AM
India opens Energy Office in Moscow to expand investments and procurement
The IEO will cover five top Indian entities -- Oil India Limited, ONGC Limited Videsh Limited, GAIL (India) Limited, Indian Oil Corporation Limited, and Engineers India Limited. The announcement to set up IEC was made by the Foreign Secretary during his recent trip to Moscow.
The Economic Times
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Reputation: 12,150 • Yesterday 4:21 AM
Indian Bank seeks shareholders nod for Rs 4,000 cr equity capital raise
Extraordinary General Meeting (EGM) of the bank was held on 2nd March, 2021 through video conferencing/other audio visual means in accordance with government guidelines, the bank said in a regulatory filing.
The Economic Times
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Reputation: 12,150 • Yesterday 4:01 AM
After soaring last week, states' debt cost falls below 7%
​ With 13 states collectively raising Rs 23,378 crore at the latest auction, 28 states and two Union territories have cumulatively raised Rs 7.14 lakh crore from the market so far this fiscal. The latter amount is 31 per cent more than the year-ago period when it stood Rs 5.45 lakh crore.
The Economic Times
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Reputation: 12,150 • Yesterday 3:41 AM
BPCL to pay shareholders from Rs 9,876 cr Numaligarh Refinery stake sale
The Board of BPCL on Monday approved the sale of the company's 61.65 per cent stake in Numaligarh Refinery Ltd (NRL) to a consortium of state-owned Oil India, consultancy firm Engineers India Ltd (EIL) and Government of Assam for Rs 9,875.96 crore.
The Economic Times
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Reputation: 12,150 • Yesterday 3:11 AM
Jaiprakash Power Ventures plans to sell 74 per cent stake in JPL to PGCIL
"Board of Directors of the company, in its 131st Meeting held on 2nd March, 2021 has approved disinvestment of 74 per cent shareholding in Jaypee Powergrid," a BSE filing said. The company said the stake sale is expected to be complete by March 31, 2021.
The Economic Times
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Reputation: 12,150 • Yesterday 3:06 AM
Sri Lanka approves proposal to develop Colombo WCT with India and Japan
The WCT proposal came after Sri Lanka decided to retract on the previous memorandum of understanding signed in 2019 with India and Japan on the Eastern Container Terminal (ECT).
The Economic Times
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Reputation: 12,150 • Yesterday 2:26 AM
16 GW worth of solar rooftop capacity can be created from MSMEs by the end of 2022: Nitin Gadkari
"Of the 40 GW, four gigawatts to come from domestic solar rooftop, whereas 16 gigawatts potential can be harnessed from MSMEs," Gadkari said while speaking at a webinar organised by SBI and World Bank on accelerating adoption of rooftop solar by MSMEs. "MSME is the most critical sector for advancing the country's growth," he said.
The Economic Times
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Reputation: 12,150 • Yesterday 2:23 AM
CERA Week: India To Line Up 10 Hydrocarbon Blocks Under Round VI Of OALP
State-run Oil and Natural Gas Corporation (ONGC) had won seven out of 11 geographical areas on offer under the fifth bidding round held last year under the OALP. Oil India (OIL) won the remaining four blocks.
Moneycontrol
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Reputation: 12,150 • Yesterday 2:11 AM
US FDA approves Johnson & Johnson's single-dose COVID-19 vaccine
The Johnson and Johnson vaccine, which works with one dose instead of two, got approval on Saturday, the third vaccine cleared in the country after emergency use authorisation (EUA) was given to two-dose shots from Pfizer and Moderna in December last year.
The Economic Times
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Reputation: 12,150 • Yesterday 1:41 AM
IIFL, GMO, WhiteOak, Malabar invest Rs 200 crore in Laxmi Organic pre-IPO round
In 2012, International Finance Corporation took a 10.05% equity stake in the company at face value of Rs 10 each which the company bought back in January last year at an aggregate amount of Rs 82 crore.
The Economic Times
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Reputation: 12,150 • Yesterday 1:31 AM
Supreme Court appalled over arrest of court-appointed IRP for Jaypee Infratech, orders immediate release
Anuj Jain was appointed by the top court under the Insolvency and Bankruptcy Code (IBC) and was entrusted with the task to ensure functioning of Jaypee Infratch till the resolution process to resurrect the ailing company is decided.
The Economic Times
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Reputation: 12,150 • Yesterday 12:58 PM
Jagran Prakashan To Buyback Shares Worth Up To Rs 118 Crore
Jagran Prakashan said the public announcement setting out the process, timelines and other statutory details of the buyback will be released in due course.
Moneycontrol
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Reputation: 12,150 • Yesterday 12:58 PM
Mahindra & Mahindra Limited
Mahindra & Mahindra Limited has informed the Exchange about Analysts/Institutional Investor Meet/Con. Call Updates
Moneycontrol
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Reputation: 12,150 • Yesterday 12:58 PM
BPCL May Use Proceeds From NRL Deal To Fund Acquisition Of Oman's Stake In Bina Refinery
BPCL will also be paying a dividend to shareholders after the completion of NRL deal.
Moneycontrol
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Reputation: 12,150 • Yesterday 12:36 PM
Jagran Prakashan to buyback shares worth up to Rs 118 cr
As per the company, the indicative number of shares proposed to be bought back would be 1,96,66,666, representing 6.99 per cent stake.
The Economic Times
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Reputation: 12,150 • Yesterday 12:21 PM
Spectrum auction ends with Rs 77,815 crore bids; Jio top buyer with Rs 57,122 crore
Telecom Secretary Anshu Prakash said 855.60 MHz of spectrum was bought for Rs 77,814.80 crore in the two-day auction. Reliance Jio bought Rs 57,122.65 crore worth of spectrum while Vodafone Idea Ltd picked Rs 1,993.40 crore worth of airwaves. Bids were received in 800 MHz, 900 MHz, 1800 MHz, 2100 MHz and 2300 MHz bands but there were no takers for the airwaves in the premium 700 and 2500 MHz bands.
The Economic Times
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Reputation: 12,150 • Yesterday 11:56 AM
Tata Consumer share price a recognition of Tata group's investment thesis & execution: Sunil D'Souza
See value in both core portfolio and inorganic opportunities, says Tata Consumer MD & CEO
The Economic Times
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Reputation: 12,150 • Yesterday 11:46 AM
F&O: Buying emerges at every level; India VIX declines 7.86%
Nifty has to hold above 14,750 level to extend its move towards 15,000 and then 15,150 levels, while on the downside, the immediate support exists at 14,750 and then 14,600 levels.
The Economic Times
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Reputation: 12,150 • Yesterday 11:31 AM
Tata Motors delivers 100 Safari units in Delhi/NCR in a single day
"We are elated to see the response coming in for the all-new Safari. The delivery of 100 Safaris on a single day is a proof of the same," Tata Motors Passenger Vehicles Business Unit Zonal Manager (North) Ritesh Khare said.
The Economic Times
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Reputation: 12,150 • Yesterday 11:26 AM
BPCL to pay shareholders from Rs 9,876 crore Numaligarh Refinery stake sale
The Board of BPCL on Monday approved the sale of the company's 61.65 per cent stake in Numaligarh Refinery Ltd (NRL) to a consortium of state-owned Oil India, consultancy firm Engineers India Ltd (EIL) and Government of Assam for Rs 9,875.96 crore.
The Economic Times
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