IRDA has given approval to LIC, to buy stake in IDBI Bank
The Insurance Regulatory Development Authority of India (IRDAI) has given approval to Life Insurance Corporation of India (LIC), to invest up to 51% in IDBI Bank. As...
Tag : approval
Prakash Industries receives stage-I nod for Sirkaguttu Iron Ore Mine
Prakash Industries has received stage-I approval, for Sirkaguttu Iron Ore Mine. The Odisha Government had executed the mining lease of Sirkaguttu Iron Ore Mine, in...
Tata Steel gives nod for its European steel JV with Thyssenkrupp
Tata Steel has given approval to a proposal to create a 50:50 joint venture (JV), of Tata Steel’s European steel businesses and Thyssenkrupp AG. In a...
Gallantt Ispat gives approval to sub-division of shares
Gallantt Ispat has given approval to a proposal for sub-division of shares. The company board at its meeting held on June 29 considered and approved...
HDFC AMC gets Sebi approval for IPO
HDFC Asset Management Company (AMC), has received Sebi’s approval to float an initial public offering (IPO). According to the latest update with Sebi, the company...
MERC gives approval to sale of RInfra’s Mumbai power biz to ATL
The Maharashtra Electricity Regulatory Commission (MERC) has given approval to Reliance Infrastructure’s (RInfra) 100% stake sale in its integrated Mumbai power business, to Adani Transmission...
Jubiliant Life’s board gives approval to fundraising up to Rs.350 crore
Jubilant Life Sciences has given approval to fundraising up to Rs.350 crore, via non-convertible debentures. The board of directors at its meeting held today, decided...
Sharda Corpchem gives approval for raising fund upto Rs.400 crore
Sharda Corpchem will be raising funds of upto Rs.400 crore. The company in its meeting which was held on June 25, has given an approval...
Aurobindo Pharma receives USFDA nod for Ertapenem injection
Aurobindo Pharma has received USFDA’s go ahead, for Ertapenem injection. Ertapenem injection is a generic equivalent of Merck Sharp & Dohme Corp’s Invanz injection and the...
L&T MF seeks SEBI approval for L&T Focused Equity Fund
L&T Mutual Fund has sought approval from the Securities and Exchange Board of India’s (SEBI), to launch L&T Focused Equity Fund. It is an open-ended equity...