SEBI’s (Securities and Exchange Board of India) proposal to bring a group of derivative products in the market has drawn enthusiastic response from market participants. A senior official from SEBI said that nearly 37 responses [...]
Global
With the first stage of collecting funds over for IIFCL (India Infrastructure Finance Company Limited), the association now plans to filter the ‘eligible projects’ from the heap of assignments it has lying for it. IIFCL [...]
‘Linen Club the Ramp’ is the name given to the new store by Aditya Birla Nuvo Ltd. to mark completion of 60yrs of Linen, one of the most respected fibers of the nation. The store [...]
Developers involved in highway construction are opting for ‘securitisation’ of toll road projects that are completed with Financial Institutions and Banks to accumulate funds. Among the ones to choose this path are Soma Enterprise and [...]
NMDC (National Mineral Development Corporation), the Public Sector mining company is thinking on putting a stop on exports of high-grade iron ore in case the global prices under LTA (Long Term Agreements) continue to come [...]
BT (British telecom), which holds nearly 30% stake in Tech Mahindra is till to decide on its investment in the company. BT is still to decide for its stake in Tech Mahindra that is worth [...]
Adani Group has been slapped notice by High Court due to the latter carrying out mining operations near Tiger Reserve. The company did mining in 1,750 hectares of area near Lohara village of Chandrapur District. [...]
Milind Sathe, the counsel at RIL (Reliance Industries) informed that though NTPC (National Thermal Power Corporation) emerged the winner in the locking of horns with RIL, the contract is to be kept ‘frustrated’. However, DD [...]
According to a survey by a leading consulting firm, Mecklai Consultants, despite shift in focus area of a number of companies to forex risk management, the operations have not met with much success. Companies in [...]
CMRL (Chennai Metro Railway) is to witness a change in its governance structure as the state and centre will now have equal say in the fastest progressing project. The number of nominees by both Union [...]
