FIPB has approved 10 FDI proposals worth Rs 2,858 crore
The Foreign Investment Promotion Board has cleared 10 FDI proposal worth Rs 2,858 crore. “The Government has approved 10 proposals of Foreign Direct Investment (FDI)...
Category : Latest News
A merger worth USD 4 billion of Sun Pharma – Ranbaxy completed
On Tuesday Sun Pharmaceutical Industries said the merger of Ranbaxy with itself has been ‘consummated’ following receipt of requisite approvals. The merger took place almost...
Reliance Life Insurance will add 20,000 agents in next financial year
Reliance Life Insurance will add around 20,000 agents during the next financial Year, a company official said. “We have 1 lakh agents as of now…There...
Court issues warrant to Sahara’s Subrata Roy in income-tax case
Sahara chairman Subrata Roy is lodge in Tihar Jail since March 4, 2014 for not returning investors’ money that were amounting to more than Rs...
Suzlon Energy gets investors permission to sell its German arm Senvion
The wind turbine maker Suzlon Energy said on Monday that it has received shareholders’ approval for the sale of its German arm Senvion and issue...
For GMR Infra rights issue, GMR Holding ties up Rs 1,250 crore
GMR Infrastructure said on Monday that its parent company GMR Holding has completed financing arrangement for the purpose of its rights issue and had tied...
One of the lessors of SpiceJet agrees for settlement
One of its aircraft lessors had agreed to end the court proceedings said SpiceJet. SpiceJet said that Wilmington Trust SP Services had agreed to withdraw...
Relaince Infra procures Pipavav for up to Rs. 2,082 crore
Reliance Infra on Wednesday has announced the acquisition of Pipavav Defence and Offshore Engineering for Rs 2,082 crore. Reliance Infra has agreed to purchase 18...
Lehman Bros got bankrupt
div align=”justify” /divdiv align=”justify”Hi guys,/divdiv align=”justify”/divdiv align=”justify” Not a very good time for market. Lehman Bros has filed for chapter 11 bankruptcy. The market including...
