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Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

General

15 September, 2020

Grapevine: IL&FS InvIT gets regulatory nod; Vedanta sole bidder for Videocon stake in Ravva

The capital markets regulator has approved the setting up of IL&FS’ infrastructure investment trust (InvIT) that would take over at ......

Sensex, Nifty enjoy stimulus boost; details eyed

Markets

13 May, 2020

Sensex, Nifty enjoy stimulus boost; details eyed

A surge in banking stocks helped Indian shares settle higher on Wednesday after the government unveiled Rs 20 trillion ($266 ......

ONGC, HPCL buy out state-run banks from Petronet MHB

Infrastructure

27 February, 2020

ONGC, HPCL buy out state-run banks from Petronet MHB

Oil & Natural Gas Corp and its unit Hindustan Petroleum Corp have struck a deal to acquire the 34.56% they ......

Canara Bank calls off plan to sell housing finance arm yet again

Finance

14 January, 2020

Canara Bank calls off plan to sell housing finance arm yet again

Canara Bank said on Tuesday it has scrapped a plan to sell its entire stake in housing finance arm Can ......

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

General

16 October, 2019

Grapevine: CDPQ to buy roads from GIP; KKR, others may bid for Emami cement unit

Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) has agreed to buy road platform Highway Concessions One ......

Grapevine: Blackstone plans India warehousing deal; Dalmia eyes Emami cement biz

General

12 September, 2019

Grapevine: Blackstone plans India warehousing deal; Dalmia eyes Emami cement biz

Private equity firm Blackstone is in discussions to invest Rs 1,500 crore ($209 million) in a venture with India's Allcargo ......

Govt unveils big-bang plan to merge state-run banks

Finance

30 August, 2019

Govt unveils big-bang plan to merge state-run banks

The government will merge 10 state-run banks into four as part of a big consolidation drive to clean up the ......

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Canara Bank hires head for housing finance unit from Tata Capital

Finance

20 August, 2019

Canara Bank hires head for housing finance unit from Tata Capital

State-run Canara Bank has hired a new chief for Can Fin Homes Ltd amid revived efforts to sell a stake in ......

Canara Bank revives plan to sell stake in housing finance arm

Finance

18 June, 2019

Canara Bank revives plan to sell stake in housing finance arm

State-run Canara Bank said on Tuesday it has revived efforts to sell a stake in its home finance subsidiary, more ......

NCLT approves Srei Group's takeover plan for Deccan Chronicle

TMT

04 June, 2019

NCLT approves Srei Group's takeover plan for Deccan Chronicle

The National Company Law Tribunal (NCLT) has approved a plan by an investment arm of Kolkata-based Srei Group to acquire ......

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