Top Section
Explore Business Standard
Don’t miss the latest developments in business and finance.
As per company officials, with the rising traffic at the port, the customs department is targeting to earn Rs 1.15 trillion by the end of the ongoing financial year
Upfront payment proposed; Torrent, Oaktree skip
The airline will be paying a premium of $30 million (Rs 246 crore) for the financial year beginning April 1 - same as the previous financial year
Takes stake from promoters, TPG, NIIF at Rs 40,000 crore enterprise value
Zinc International loan would require guarantee from Anil Agarwal-promoted group's India-listed firm
Armada 98/2 Pte had raised Rs 6,600 cr from Indian banks to fund its operations off the coast of Andhra Pradesh to ONGC
Hindalco's stock closed flat at Rs 403.35 apiece on the BSE on Wednesday
Baba Kalyani's sister Sugandha, husband move court against the Bharat Forge promoter for full ownership of chemical company Hikal; Kalyani points to intervening agreements and statute of limitations
Lenders fix Rs 9,000 cr as floor price; Torrent may participate, but it will be subject to SC decision on its petition, which will be heard in August
Bankers said the group's bonds have been showing volatility since October last year
The billionaire Mistry family's estate is likely to soon change hands
Dividend pay-out for the year at Rs 37,730 cr, the highest ever by the company
The revised Hinduja stand has put Indian lenders, with an exposure of Rs 24,000 crore, in a spot as it was the Hindujas offer which led to a call for second auction and litigation by the other bidder
Once an account is settled with the highest bidder paying their bid amount, then it frees part of bank's locked fund in an account which could be used for lending purposes
The promoters have also prepaid a $500-million facility taken for Ambuja acquisition financing
The duration of the agreement is for 12 months and is extendable
Temasek will buy controlling stake in Manipal at $4-billion valuation
Suraksha's offer was cleared by a committee of creditors (CoC) and submitted to NCLT for clearance, but was delayed due to objections by several parties
The lenders' of RCap have decided to hold the second round of e-auction, following the NCLAT order, on March 20
Govt planning OFS to sell 15% stake by March-end, will lose special rights over company; sources says Vedanta is looking raise about $1 billion from three foreign banks to fund the acquisition