MR Bajoli Holi Hydropower Private Limited (GBHHPL), a subsidiary of GMR Energy Limited and a step down subsidiary of GMR Infrastructure Limited, today announced the signing of definitive agreement for an investment
The National Stock Exchange (NSE) has imposed fines and issued notices to as many as 60 companies, including two IL&FS group firms, Videocon Industries and Unitech, for non-compliance with listing regulations.
GMR Infrastructure said Monday its step down arm GMR Bajoli Holi Hydropower (GBHHPL) has inked an agreement for investment of Rs 225.6 crore via compulsorily convertible debentures in GBHHPL by TNB Topaz Energy, an arm of Tenaga Nasional Berhad.
The National Green Tribunal on Monday said it will issue its judgment in one week on whether to allow Vedanta Ltd to re-open its copper smelter, which was closed earlier this year after 13 people died when police fired on protesters.
In the stark and arid Northern Cape, 60km from Pofadder, lies the world’s largest undeveloped zinc resource. Gamsberg, part of Vedanta’s Zinc International SA operations, started first-phase production in 2018 and the project
Metal stocks in India are feeling unloved by investors, with one exception: the country’s top steelmaker JSW Steel Ltd. While demand for metals has been accelerating as the South Asian nation plans major investments to overhaul its
In today’s chart, let’s take a quick look at the allegations that banks aren’t giving money to NBFCs. Remember October? When NBFCs were falling like nine pins because of lack of liquidity? Well, they seem to have got their liquidity from banks.
News reports suggest there is ample demand for the renewable energy business of beleaguered Infrastructure Leasing and Financial Services Ltd (IL&FS). Global private equity funds are in the race
The statutory auditors of Infrastructure Leasing and Financial Services (IL&FS) Ltd – the parent company of debt-laden IL&FS Group – and two of its subsidiaries, IL&FS Transportation Networks Ltd (ITNL) and IL&FS Financial
Germany’s Thyssenkrupp and India’s Tata Steel are close to deciding who will lead their planned European steel joint venture, four people familiar with the matter said on December 7.