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Aban Offshore intends to buy 49% stake in Aban Drilling services, a company newly incorporated to explore deep water drilling opportunities.
IRB Infra unit gets Rs 242 crore in arbitral award amount.
CCI clears Abbott Laboratories’s St Jude Medical acquisition subject to ‘voluntary remedies’.
Axis Bank cuts overnight MCLR by 10 bps
BHEL will focus on achieving a more “balanced business mix” over the next few years by increasing the capacity of its non-power verticals.
Ceat approves plan to invest up to Rs2,800 crore.
Clairant Chemicals India’s promoter Ebito Chemiebeteiligungen AG sold 13.24% stake in the company to a number of fund houses and insurance companies in a series of block deals on BSE.
Gayatri Projects to consider share split in 1:5 ratio.
Jublilant Life Sciences‘ promoters have pledged 1.57% stake to Axis Finance.
IOC has increased petrol prices by Rs 2.21 per litre and diesel prices by Rs 1.79 per litre.
NMDC invests Rs 1,222 crore to set up Nagarnar steel plant in Chhattisgarh.
NALCO, NTPC in pact to set up 2,000 MW power unit in Odisha.