Reliance Infrastructure makes full payment of 92.68 crore rupees to Dhursar Solar Power and will ask NCLAT for the withdrawal of NCLT’s order
The appellate tribunal stays the NCLT order and asks Talwandi Sabo Power to provide bank guarantee of $146 million; will hear the matter on 4 August
A committee of executives will oversee the operations of the bank in the interim
The lender’s Internal Audit Department is conducting a review of its MFI business to examine certain concerns
The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms
The deal will end 24-year-old alliance and Bajaj Group would gain full ownership of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance
Indian agri-solutions provider agrees to buy a 53% stake in NACL from its promoter KLR Products for 820 crore rupees ($94 million)
JSW Energy will acquire KSK Mahanadi Power through JSW Thermal Energy One Ltd., a newly formed wholly owned subsidiary
Jefferies believes the stock re-rating for hotels will stay on the back of strong travel/tourism upturn and bets on three Indian hotel companies
The brokerage says the company is well-placed to expand its foods and home & personal care franchise and become a more diversified FMCG play
Indian agri-solutions provider agrees to buy a 53% stake in NACL from its promoter KLR Products for 820 crore rupees ($94 million)
The brokerage says JSW Energy is one of the best Indian utilities to play the Future of Energy (energy transition + energy security) theme
Mann will take on his four-year term in October, succeeding Milton Cheng
The development comes as the recent regulatory developments in India are expected to significantly open up the domestic legal market to foreign firms
The amendments aim to safeguard the interest of Indian advocates while regulating the practice of foreign law and international law in the country
The deal will end 24-year-old alliance and Bajaj Group would gain full ownership of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance