Bharti Infratel Decides to Merge Towers with Indus
In the board meeting held on Monday, Bharti Infratel said that the company had decided to proceed with the Scheme of Arrangements for merging its towers with...
Author : Amrita Chakravorty
Brookfield, GIC Makes Rs 25K Cr Purchase of Reliance Jio’s Telecom Tower Assets
GIC, along with a bunch of investors including Brookfield, purchased a unit of Reliance Industries for $3.4 billion or Rs 25,000 crore, as announced on Tuesday. There was...
L&T Sells Electrical and Automation Business for Rs 14,000 Cr
Larsen & Toubro (L&T) has announced the closure of its electrical and automation business (L&T E&A) to Schneider Electric, for a cash consideration of Rs 14,000...
Gold Price Rises in 3rd Consecutive day, Still Down Rs 4000 from Record Highs
Following steady global rates, today’s gold and silver prices in Indian markets edged higher. On MCX, October gold futures were up 0.7% to regain Rs52,000...
Adani Ports Shares Jump 4% on AAHL’s Plans to Acquire GVK Airport’s Debt
Adani Ports and Special Economic Zone share price jumped over 4 per cent intraday on August 31 after the company said Adani Airport Holdings (AAHL) will...
RIL Gains 3% on Buying Future Group Stake for Rs 24,713 Crore
Reliance Industries Ltd. (RIL) soared 2.7 per cent after the announcement that its subsidiary Reliance Retail Ventures will acquire Future Group including its retail and wholesale,...
SC Fines Prashant Bhushan Fined Re 1 for Contempt of Court
The Supreme Court in its verdict has fined Re 1 on Prashant Bhushan, Lawyer-activist for criticising SA Bobde. In case, he is not able to pay the...
Turkey’s Economy Shrinks Nearly 10% in Q2
Turkey’s economy contracted by 9.9 per cent in the second quarter of the year from the previous three-month period in the wake of lockdown measures...
CG Power Hits Upper Circuit of 5%, as Lenders Approved Tube Investments
CG Power and Industrial Solutions Limited (CG) hits an upper circuit of 5 per cent at Rs 22.68 after the lenders of the company had approved...
SpaceX Postpones Launch of Satellites from Starlink Project
The launch of the next batch of satellites of SpaceX’s Starlink project was postponed on Saturday due to inclement weather during pre-flight operations. According to...