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Corporate Watch

SAIL's RSP exports special grade slabs to China & Vietnam

Rourkela: While putting up a tough fight against Coronavirus (COVID-19), SAIL’s Rourkela Steel Plant (RSP) is simultaneously making all-out efforts to generate revenue in one of the most.......

JSPL reports 109% growth in export sales amid COVID-19 outbreak

New Delhi: Jindal Steel & Power Limited (JSPL) on Tuesday said that it has reported its highest ever exports of steel & related products during April 2020. The company exported 248,000 MT of.......

Vedanta Chairman says, Govt should not be in business

New Delhi: While asserting that private sector pays more taxes and creates more jobs, Vedanta Chairman Anil Agarwal reiterated on Friday that the government should not be in business. The statement.......

Vedanta interested in bidding for BPCL: Anil Agarwal

Mumbai: Vedanta Resources Ltd Chairman Anil Agarwal has said that the company is interested in bidding for BPCL (Bharat Petroleum Corporation Ltd) and is evaluating the investment. “We are.......

Reliance Industries topples IOC to take 1st spot on Fortune India 500 list

New Delhi: Reliance Industries Ltd (RIL) has toppled state-run Indian Oil Corporation (IOC) from the spot it occupied for a decade and has become India’s largest company on the Fortune India.......

IL&FS Transportation Networks can't pay Rs 3.37 crore!

New Delhi: Infrastructure Leasing and Financial Services' transportation subsidiary IL&FS Transportation Networks defaulted on a payment as low as 3.37 crore. IL&FS Transportation Networks.......

Former Bhushan Power & Steel CMD seeks interim bail

New Delhi: Sanjay Singhal, former CMD Bhushan Power and Steel Ltd (BPSL) has moved an application in a Delhi court seeking interim bail on Tuesday. Singhal is currently lodged is Enforcement.......

NCLT initiates insolvency proceedings against DHFL

New Delhi: The National Company Law Tribunal (NCLT) has admitted the Reserve Bank of India’s (RBI) plea for the initiation of insolvency proceedings against the bankrupt Dewan Housing Finance.......

Ashoka Buildcon bags Rs 1,000-cr project from NHAI

New Delhi: Ashoka Buildcon Limited has bagged a project worth Rs 1,000 crores from the NHAI (National Highway Authority of India) on Monday after it emerged as the lowest bidder, it said in a.......

Adani gets nod from CCI to pick up 23.5% stake in MIAL

New Delhi: The Competition Commission of India (CCI) has approved the acquisition of shareholdings in Mumbai International Airport Limited (MIAL) by Adani Properties Private Limited (APPL) from Bid.......

JSHL Q2 profit rises by 33% to Rs 82 crore

New Delhi: Jindal Stainless (Hisar) Limited (JSHL) took on record its second-quarter performance here today. The company clocked net revenue of Rs 1,971 crore in Q2FY20, which was lower by 12 percent.......

Jaypee Infratech resolution to be completed in 90 days

New Delhi: Bringing relief to homebuyers, the Supreme Court (SC) said on Wednesday that the resolution of Jaypee Infratech should be completed within 90 days. It also said that only state-run NBCC.......

JSPL wins the coal block in Chhattisgarh that it once lost

New Delhi: Jindal Steel & Power (JSPL) has won Chhattisgarh’s Gare Palma IV/5 coal block in the latest round of auctions. JSPL won the coal block after emerging as the highest bidder for the.......

Adani Transmission wins 2 projects from REC Transmission in Gujarat

Ahmedabad: Adani Transmission Ltd (ATL) has received Letters of Intent (LOI) from REC Transmission Projects Company Limited (RECTPCL) to build, own, operate and maintain two transmission projects in.......

Q2 FY2019-20: Hindustan Zinc posts 15% rise in net profit

New Delhi: Vedanta Limited’s Hindustan Zinc has posted a 14.6 percent rise in net profit at Rs 2,081 crores for Q2 of financial year 2019-20, the company said in a regulatory filing on Tuesday. The.......