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BIAL inks pact with Kunz GmbH to acquire disabled aircraft recovery equipm
Updated : 6 years, 2 months ago IST
Bengaluru (Karnataka) [India], Jan 13 (ANI): Bangalore International Airport Ltd (BIAL) on Monday entered into an agreement with Kunz GmbH to manufacture, supply, commission and maintain the specialised disabled aircraft recovery equipment for Kempegowda International Airport in Bengaluru (K
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Blackstone arm to invest Rs 380 crore in Allcargo Logistics
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Allcargo Logistics Ltd said on Monday its board of directors has approved the execution of definitive transaction documents with BRE Asia Urban Holdings Ltd, an entity controlled by funds managed or advised by affiliates of the Blackstone Group Inc
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GMR Hyderabad Aerotropolis forms JV with Hong Kong-based ESR for logistics
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 13 (ANI): GMR Hyderabad Aerotropolis Ltd (GHAL) has formed a joint venture with ESR Hyderabad 1 Pte Ltd, a subsidiary under the Hong Kong-headquartered ESR Cayman, to develop a 66-acre logistics and industrial park at Hyderabad airport city with an outlay of Rs 550 cro
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Tata Power Solar bags Rs 1,505 crore project from NTPC under CPSU scheme
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Tata Power Solar Systems Ltd has received a letter of award from NTPC for a 250 megawatt solar project under the central public sector undertakings (CPSU) scheme.
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Edelweiss Financial spurts by 4 pc after denying FEMA violations
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): The share price of Edelweiss Financial Services rose by nearly four per cent on Monday afternoon after the company clarified that it has no relationship with Capstone Forex Pvt Ltd and all allegations of Foreign Exchange Management Act (FEMA) viola
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No fraud, fund diversion at Reliance Home Finance: Forensic auditor
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 13 (ANI): Reliance Housing Finance Ltd's (RHFL's) forensic auditor Grant Thornton has not recorded any adverse findings on 11 parameters, including any diversion or siphoning of funds, embezzlement, falsification of accounts and fraudulent transactions by pr
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Delhi HC seeks Centre's response on RIL plea
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The Delhi High Court on Friday asked the Centre to file its response to Reliance Industries Ltd (RIL) application seeking recall of orders asking it to file an affidavit related to company assets.
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Coffee Day reports Q3 defaults on debt of Rs 489 crore
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 9 (ANI): Trouble appeared to be brewing at Coffee Day Enterprises Ltd (CDEL) on Thursday with the company saying it has defaulted on payments of interest, repayment of principal amount on loans from banks and financial institutions, and unlisted debt securit
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Mahindra Logistics opens distribution centre in north India
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 9 (ANI): Mahindra Logistics Ltd (MLL), one of India's largest third-party logistics solution providers, said on Thursday it has launched a distribution centre for the pharma industry in north India, marking its foray into a temperature-controlled warehouse.
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Cabinet approves capital grant for North East Natural Gas Pipeline Grid
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 8 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the North East Gas Grid Project of Indradhanush Gas Grid Ltd (IGGL) with viability gap funding at 60 per cent of the estimated cost of Rs 9,265 crore.
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Tata Steel arm gets licence for chromite ore mine in Odisha
Updated : 6 years, 2 months ago IST
Mumbai (Maharashtra) [India], Jan 8 (ANI): Tata Steel's subsidiary T S Alloys Ltd has won a licence for a chromite ore mine in Odisha for 50 years.
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No rating impact on Adani Ports from KPCL acquisition: Fitch Ratings
Updated : 6 years, 2 months ago IST
Hong Kong, Jan 7 (ANI): Fitch Ratings has said there is no rating impact on Adani Ports and Special Economic Zone (APSEZ) from its proposed acquisition of a 75 per cent stake in Krishnapatnam Port Company Ltd (KPCL).
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