Vedanta to Acquire Meenakshi Energy for Rs 1,440 Crore
Vedanta said in a January 18 exchange filing that it would acquire debt-laden Meenakshi Energy for Rs 1,440 crore after becoming the winning bidder. Vedanta...
Tag : National Company Law Tribunal (NCLT)
Infosys, HCL Tech, Inox, Cyient, Zee Entertainment are in Focus
IT services company Infosys reported a 13.4% yearly raise in net profit in Q3FY23 to Rs 6,586 crore, up from Rs 5,809 crore, increasing its...
PVR-Inox Merger Approved by NCLT
On Thursday, the National Company Law Tribunal (NCLT) in Mumbai approved the merger of two film exhibition specialists, PVR Limited and INOX Leisure, by a...
Adani Approaches buying Bankrupt Mumbai Builder at 98% Discount
According to the media report, Adani Good homes Pvt is a stage closer to purchasing Radius Estates and Developers Pvt at a 98% concession to...
Swan Energy Rises as Reliance Naval Resolution Pushes to 52-Week High
Shares of Swan Energy closed at their highest level in seven months on Friday, rising for a third straight session. The stock hit a 52-week...
Narayani Steels Up More Than 500% In 2022, Promoter to Sell 4.9% Stake Today
After a 56% drop in 2021, this year will be significant for Narayani Steels. Shares of the company have soared more than 580% in 2022....
Hinduja Group Buys Debt-Laden Reliance Capital for Rs 9,500 Crore
On Friday, IndusInd Bank promoter Hinduja Group tried to revise its bid for debt-laden Reliance Capital to Rs 9,500 crore, with an upfront cash outlay...
Kalpataru Power shares rise after NCLT approves merger with JMC Projects
On Wednesday, Kalpataru Power Transmission Ltd (KPTL) said that the National Company Law Tribunal had approved the merger of JMC Projects (India) Ltd with KPTL,...
LTI, Greaves Cotton, NMDC And Others in Focus
LTI and Mindtree announced the National Company Law Tribunal (NCLT) had approved the scheme of amalgamation and arrangement of both companies with respective shareholders and...
NCLT Approves Piramal Enterprises Demerger of Pharma Business
The National Company Law Tribunal (NCLT) has approved the spin-off of Piramal Enterprises’ (PEL) pharmaceutical business and the simplification of the company’s corporate structure, Piramal...