Bharti Airtel completes share swap with ICIL, raises Africa stake to 79%
Bharti Airtel Limited on Tuesday disclosed to stock exchanges that it has completed a composite share-swap transaction with Indian Continent Investment Limited (ICIL), under which it acquired a 16.3 per…
Gujarat regulator holds right-of-way obstruction can qualify as force majeure
In an important ruling, the Gujarat Electricity Regulatory Commission (GERC) has held that project delays arising from right-of-way (RoW) issues can, in certain circumstances, qualify as force majeure — events…
JSW Infra plans ₹7,500 crore fundraise through QIP offering
The fresh issue leads to dilution of 9.9 per cent the post issue equity capital while it will be 1.4 per cent offer post issue equity capital.The company will use…
Petrol, diesel margins back above pre-conflict levels: Report
Profitability at state-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could…
Vishnu Bhavan Frozen Foods launches ready-to eat Kerala snacks, vegetarian curries
Thodupuzha-based Vishnu Namboothiri Group, the original promoters of the iconic Brahmins brand, has launched its premium frozen food range, ‘Vishnu Bhavan’, in the domestic market.The products were formally launched at…
Renault India begins Duster exports; first shipment to South Africa
Renault India, the wholly owned subsidiary of the French carmaker Renault Group, has begun exports of the all-new Duster, with a first shipment of 750 vehicles departing Kamarajar port in…
Brokerages: Data centre order to boost Kirloskar Oil Engines earnings
Leading brokerage houses have reiterated their constructive stance on Kirloskar Oil Engines following its recent order win from HyperNext for the supply of 96 units (192MW) of its patented OptiPrime…
India’s online shopping sees higher spends, orders in Jan-May period: Report
India’s e-commerce market is not just witnessing higher number of orders, but also growing number of spends. Continuing with strong growth momentum, online order growth was pegged at 16 per…
Ambuja Cements, UK-based Leilac plan low-carbon cement projects in Gujarat
Ambuja Cements, the cement and building materials company of the Adani Group, has partnered with UK-headquartered clean technology firm Leilac Ltd to develop one of the world’s largest commercial-scale pathways…
Asian Energy wins ₹187.6-crore contract from Gujarat State Electricity Corporation
Asian Energy Services Ltd secured a ₹187.62-crore EPC contract from Gujarat State Electricity Corpn Ltd (GSECL) on Monday for the capacity enhancement of a coal handling plant at the Ukai…
