Ending the confusion over signing deals under the Open Acreage Licensing (OALP-I), London Stock Exchange-listed Anil Agarwal-led Vedanta Resources has received shareholder and board approvals for signing contracts for 41 oil and gas blocks on October 1.
NCLAT wrongly allowed ArcelorMittal to pay dues after bidding for Essar Steel: NuMetal to Supreme Court
Russia’s VTB Bank-promoted firm NuMetal has alleged in the Supreme Court that NCLAT “wrongly” applied legal provisions to enable its rival bidder ArcelorMittal to pay the dues of two debt-ridden firms even after it had bid for Essar Steel.
The Competition Commission has approved the acquisition of debt-ridden Essar Steel by a consortium of ArcelorMittal and Japan’s Nippon Steel & Sumitomo Metal Corporation. Earlier this month, ArcelorMittal
State Bank of India hopes to resolve 7-8 stressed power assets with an exposure of around Rs 17,000 crore during the breather given by the Supreme Court till November 11, SBI Chairman Rajnish Kumar said Thursday
Tata Power today launched its Voice BOT Tina, thus becoming the first utility in India to offer such a service to its customers.
Tata Power and Hemant Kanoria-controlled India Power Corporation Ltd have bid to acquire Odisha’s Central Electricity Supply Utility (CESU), being privatised again after 17 years.
India Grid Trust – Proposed Amalgamation Of Sterlite Power Grid Ventures Limited (SPGVL), The Sponsor And Project Manager Of Indigrid With Sterlite Power Transmission Limited (“SPTL”).
Intimation with respect to proposed amalgamation of Sterlite Power Grid Ventures Limited (SPGVL), the sponsor and project manager of IndiGrid with Sterlite Power Transmission Limited (“SPTL”).
Reliance Power (RPower) plans to take an inorganic path for growing its business. The company will bid for stressed thermal power projects, take up operation and maintenance (O&M) of troubled power plants and also provide mine development services.
In a fillip to ‘Make in India’ and Indian Railways aim to move towards environment-friendly methods, state-run BHEL recently flagged of its first electric locomotive. State-run engineering major Bharat Heavy Electricals Limited
Infrastructure major Larsen & Toubro (L&T) Tuesday said its construction arm has won contracts worth Rs 2,048 crore across two business segments.