Real estate firm Parsvnath Developers has asked for shareholders’ approval to raise up to Rs 15 bn through issue of equity shares or other securities to finance its projects and pare debt. The shareholders’ approval...
GAIL signed LNG deal on Friday with Gas Natural Fenosa of Spain, under which GNF shall ensure a supply of about 3 billion cubic metres of LNG to GAIL over the next three years. The...
The management of Coal India failed to convince its board of directors on the feasibility of a price pooling mechanism to fulfil its proposed supply commitments to power plants commissioned since April 2009. Opposing the...
SC & Sahara Saga: The apex Court ruled against Subrato Roy promoted Sahara group ordering two of its companies to refund Rs 24,000 Cr, along with 15% interest, to more than 2.2 crore small investors...
Through a 100 per cent subsidiary incorporated in Italy, Elgi Compressors Italy, Elgi Equipments Ltd has acquired Italy-based Rotair S.p.a. Rotair is engaged in the design, manufacture and distribution of a range of compressors and...
In a major boost for MF industry, Rajiv Gandhi Equity Savings Scheme (RGESS) is all set to allow investment through mutual funds to get tax benefit. There will be certain conditions attached to that. The...
We have just concluded august expiry on cautious note and analyst are looking for GDP data will will be released yesterday. Most economists have estimated growth would fall below 5.3 per cent. GDP growth in...
Samsung Electronics has today at the IFA Berlin electronic show announced a smartphone using Microsoft’s latest mobile software. Here is the catch – todays announcement of Samsung is coming just a few days before the...
Telecom major British Telecom (BT) on Thursday offloaded 14.1 per cent, or 17.9 million shares, in Tech Mahindra (TechM) to institutional investors for Rs 1,395 crore. The block deal was executed at an average price...
The Government, lifted ban on bulk SMS and MMS with immediate effect. Mobile users can now send messages and MMS according to their service provider’s limits. The ban had came in to effect on August...
Strong demand in countries such as China, India and Brazil has disproportionally contributed to booming German exports, a new study has found. But Germany’s trade with emerging economies is not a one-way affair. In 2011,...
Mumbai : Reliance Industries Ltd has scheduled a planned maintenance at one of its diesel hydro treater units of the domestic tariff area refinery at the Jamnagar refining complex. The shutdown of the unit is...