Reliance Communications: The company has announced that
the board of directors has approved a Scheme of Arrangement between the
Company and Reliance Telecom Limited, a wholly owned subsidiary of the
Company, for demerger of telecom undertaking consisting of 5 license
service area of RTL into the Company, subject to requisite approvals.
Tata Teleservices (Maharashtra): The company will raise up to Rs.3,000 crore from its promoter Tata Teleservices through allotment of preferential equities.
Bharti Airtel: Bharti Airtel and Malaysian firm Axiata have deferred the agreement for merger of their Bangladesh operations till Sept 26,as per media reports.
Axis Bank: The bank is seeking shareholders nod to raise Rs.35,000 crore through multiple instruments including green bonds and from overseas markets, says report.
Aban Offshore Ltd: The company has announced that a step down subsidiary of the Company has received a Firm Letter of Award from ONGC for the deployment of the Drillship Aban Abraham for a firm period of 2 years.
Godrej Properties: The real estate company has entered into a partnership to develop a 100 acre residential township with its sister concern Godrej Agrovet.
JSW Steel: The company has received the environmental clearance for setting up an integrated steel unit and captive power plant in Jharkhand with an investment of Rs.350 billion.
Suzlon: Suzlon Group announced the completion and commissioning of its 4.20MW maiden wind project for Ahmedabad Municipal Corporation, as per media reports.
Vijaya Bank: The bank has received shareholders approval to raise Rs.9 billion by issuing equity shares.
Indiabulls Housing Finance Ltd: The company has announced that the Company proposes to issue 30,000 Unsecured Non-Convertible Redeemable Debentures (Tier II) in the nature of Subordinated Debt with a face value of Rs. 1 lakh each aggregating to Rs. 300 Crores (Plus Greenshoe Option), on Private Placement basis.
ARSS Infrastructure Projects Ltd: The company has announced that a work order amounting to Rs. 44.04 crore from the Indian Railways for earthwork in Odisha.
Adani Enterprises: The company said that it has raised Rs.150 crore through issuance of non-convertible debentures on private placement basis.
Sesa Iron Ore: The company expects to make all its mines operational in Goa post monsoon, says report.
Reliance Power: The company is looking to secure a total of Rs.714 crore as bank guarantees and compensation from 18 procurers of the electricity project, says report.
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Tata Teleservices (Maharashtra): The company will raise up to Rs.3,000 crore from its promoter Tata Teleservices through allotment of preferential equities.
Bharti Airtel: Bharti Airtel and Malaysian firm Axiata have deferred the agreement for merger of their Bangladesh operations till Sept 26,as per media reports.
Axis Bank: The bank is seeking shareholders nod to raise Rs.35,000 crore through multiple instruments including green bonds and from overseas markets, says report.
Aban Offshore Ltd: The company has announced that a step down subsidiary of the Company has received a Firm Letter of Award from ONGC for the deployment of the Drillship Aban Abraham for a firm period of 2 years.
Godrej Properties: The real estate company has entered into a partnership to develop a 100 acre residential township with its sister concern Godrej Agrovet.
JSW Steel: The company has received the environmental clearance for setting up an integrated steel unit and captive power plant in Jharkhand with an investment of Rs.350 billion.
Suzlon: Suzlon Group announced the completion and commissioning of its 4.20MW maiden wind project for Ahmedabad Municipal Corporation, as per media reports.
Vijaya Bank: The bank has received shareholders approval to raise Rs.9 billion by issuing equity shares.
Indiabulls Housing Finance Ltd: The company has announced that the Company proposes to issue 30,000 Unsecured Non-Convertible Redeemable Debentures (Tier II) in the nature of Subordinated Debt with a face value of Rs. 1 lakh each aggregating to Rs. 300 Crores (Plus Greenshoe Option), on Private Placement basis.
ARSS Infrastructure Projects Ltd: The company has announced that a work order amounting to Rs. 44.04 crore from the Indian Railways for earthwork in Odisha.
Adani Enterprises: The company said that it has raised Rs.150 crore through issuance of non-convertible debentures on private placement basis.
Sesa Iron Ore: The company expects to make all its mines operational in Goa post monsoon, says report.
Reliance Power: The company is looking to secure a total of Rs.714 crore as bank guarantees and compensation from 18 procurers of the electricity project, says report.
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