Oil India, EIL and BPCL:
(OIL) in consortium with Engineers India has determined to bid for buying 61.65 per cent stake of BPCL in Numaligarh Refinery.
Bharti Airtel, Vodafone Concept:
with networth of Rs 71,303 crore has submitted earnest cash deposit of Rs 3,000 crore for spectrum public sale. Vodafone Concept with damaging web price of Rs 43,474 crore has submitted EMD of Rs 475 crore.
SBI: The finance ministry has raised issues over SBI’s plan to arrange a three way partnership with HDFC Financial institution and Financial institution of Baroda underneath the central financial institution’s new umbrella entity (NUE) framework, fearful that it might squeeze the Nationwide Funds Company of India (NPCI).
RIL: The conglomerate is finalising the contours of demerging its oil-to-chemicals (O2C) enterprise right into a wholly-owned subsidiary. The transfer will assist the corporate appeal to world traders like Saudi Aramco, mentioned folks acquainted with the train.
NMDC: After over two years, state-owned
resumed manufacturing of iron ore from Donimalai Mines in Karnataka, the general public sector enterprise mentioned on Thursday.
DLF: Realty main ‘s rental arm DCCDL has accomplished the acquisition of the whole 52 per cent stake of US-based Hines in a premium industrial venture in Gurugram for Rs 780 crore.
IDFC First Financial institution: Personal sector IDFC First Financial institution mentioned its board has okayed elevating as much as Rs 3,000 crore by means of numerous means.
Ambuja Cements: The cement maker reported a rise of 34.06 per cent in consolidated web revenue at Rs 968.24 crore for December quarter 2020, helped by quantity progress.
IOC: Days after India unveiled a nationwide hydrogen mission to speed up plans to generate the carbon-free gas from renewables, state-owned
(IOC) on Thursday signed a pact with Greenstat Norway for establishing a Centre of Excellence on Hydrogen.