FIPB clears 23 FDI proposals
On Monday, the Foreign Investment Promotion Board has cleared 23 FDI proposals which also includes those of Bandhan Financial Services and Catholic Syrian Bank. The...
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Titagarh Wagons has got the approval from its board to raise Rs 150 crore through QIP
On Monday, wagon manufacturer Titagarh Wagons said that its board has approved the allocation of 1.5 crore shares to raise Rs 150 crore through qualified...
SBI Mutual Fund lowers its stake in McDowell
SBI Mutual Fund has lowered its stake by 3 percent in Vijay Mallya-led McDowell Holdings to 5.77 percent. McDowell Holdings said in a filing to...
Sanghi Industries is planning to invest up to Rs 1500 crore for capacity expansion
On Monday the cement manufacturer Sanghi Industries Ltd said that it is planning to invest up to Rs 1500 crore in next 2-3 years to...
BPCL aims to expand Bina oil refinery by 30%
Bharat Petroleum Corporation Limited is planning to expand its Bina oil refinery in Madhya Pradesh by 30 percent to 156,000 barrels per day at a...
IGL has acquired 50% stake in MGNL
On Monday, Indraprastha Gas Ltd (IGL) said that it has acquired 25 lakh more shares of Maharashtra Natural Gas Ltd (MGNL) and becomes 50% shareholders...
Sarus, the Canadian JV aims to invest 500 MW solar park in Maharashtra
Sarus Solar which is a joint venture of three Canadian firms is planning to invest around Rs 6,500 crore for setting up a 500 MW...
15 companies from US have assured Rs 5,000 crore investment in Andhra Pradesh
From the United States around 15 companies including industrialists have assured about Rs 5,000 crore investments in Andra Pradesh which will create employment for more...
IKEA has purchased land in Hyderabad, moving closer to open store
The largest furniture retailer of world IKEA said on Friday that it has purchased its first land in the country in Hyderabad. It is moving...
Telephone connections have crossed 100 crore mark in India
The total number of telephone connections in the country in May have crossed the record one billion mark. According to TRAI‘s data, at the end of...