The development comes a day after TPG India Investments II sold its entire 9.92 million shares or 2.65% stake in…
Now, heightening competitive intensity and softening input costs are set to reverse the trend, it said.
The addition in capex is for the smart metering business, which need the additional Rs 1,500-2,000 crore per annum.
The special resolution was passed with 98.64% votes in its favour.
Vedanta is expanding capacities across various businesses, which are in various stages of implementation.
Analysts are positive on the company’s prospects due to its strong earnings, attractive valuations and management structure.
The proceeds would be used to set up a 400 KV substation and transmission lines in Maharashtra.
This is the second investment in the travel booking space for AEL, after it acquired a minority stake in Flipkart…
“We expect VRL to be successful at servicing its debt maturities in the next 12 months, aided by the recent…
The last date for submitting EoIs is June 25, while the resolution professional will announce a provisional list on July…
The total order book position of 25 major companies – across infrastructure, power and capital goods – rose by 9.6% to Rs 10.27…
Piramal Capital & Housing Finance (PCHFL), a wholly-owned subsidiary of Piramal Enterprises , looks to expand its branch networks to…
This is the second time in a row that the central bank is holding its key repo rate at 6.5%,…
Waterfield Advisors is looking to raise about $250 million (about Rs 2,000 crore) for its second fund of funds, even…
Prior to that, the company had said it pledged 4.4% of its overall holding in Vedanta to Glencore in lieu…
Apart from the entire renewable energy mix in electricity consumption, APSEZ also intends to reduce energy intensity by 50% and…
Bank of New York Mellon had claimed a total of Rs 4,670 crore, of which Rs 4,109 crore was verified.
As of March 31, 2023, APSEZ’s installed capacity, including major and non-major ports, stands at 554 mtpa.
