ONGC’s equity infusion in OPaL gets nod

ONGC announced an additional equity infusion of Rs 18,365 crore in its subsidiary OPaL, increasing its stake to over 95%. This move, approved by the government, is part of a capital restructuring plan aimed at achieving financial and operational sustainability. ONGC will also provide domestic gas to OPaL from re-developed fields at a premium price to ensure steady performance.

Cabinet approves two major railway projects, Rs 1,000 crore for space sector startups-Top developments

times of india - 24/Oct 11:45

The Union Cabinet, led by PM Narendra Modi, has sanctioned several projects including a Rs 1,000 crore Venture Capital Fund aimed at fostering...

Niva Bupa Gets SEBI Nod For Rs 3,000 Crore IPO

zeenews.india.com - 21/Oct 21:45

Private equity (PE) firm True North-led company (erstwhile Max Bupa), had filed its IPO papers with SEBI on June 29.

Adani, others invest ₹366 crore in Sagility India ahead of ₹2,107 crore IPO

hindustantimes.com - 03/Nov 07:05

Sagility BV raised ₹366 crore by selling a 2.61 per cent stake in Sagility India before its IPO, valued at ₹14,044 crore. The IPO opens November...

ZENITH BANK DELIVERS REMARKABLE TRIPPLE-DIGIT GROWTH IN GROSS EARNINGS AS PBT HITS N1.0 TRILLION IN Q3 2024

mockinbird.com.ng - 01/Nov 14:04

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of...

ZENITH BANK RECORDS REMARKABLE TRIPPLE-DIGIT GROWTH OF 118% IN GROSS EARNINGS AS PBT HITS N1.0 TRILLION IN Q3 2024

mockinbird.com.ng - 01/Nov 14:11

Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit growth of...

Indian Real Estate Developers Secure Rs 12,801 Crore Via QIP Route In Jan-Sep Period

zeenews.india.com - 29/Oct 01:35

The QIP (Qualified Institutional Placement) route allows publicly-traded companies to raise capital by offering equities or securities convertible...

Opal plastic free blueberry packaging on trial

timberbiz.com.au - 28/Oct 00:31

Mountain Blue, a company involved with blueberry genetics, has a plastic free packaging trial in place with Opal, on its Eureka brand with supermarket...

Domestic Institutional Investors Pour Record Over Rs 1 Lakh Crore In Equities In October

zeenews.india.com - 31/Oct 20:10

This sustained DII activity came as the cumulative foreign portfolio investor (FPI) selling in equity through the Indian stock exchanges stood at Rs...

LCTH to reduce stake in US associate

thestar.com.my - 24/Oct 16:00

LOTTE Chemical Louisiana LLC (LCLA), a full subsidiary of LOTTE Chemical USA Corp (LC USA), is planning to undertake a corporate restructuring...

Vestel Holland B.V’s Acquisition of Cylinda

globallegalchronicle.com - 24/Oct 00:00

Vinge advised Elektroskandia AB on the deal. Elektroskandia AB (a Sonepar company) secured the restructuring and divestment of the Cylinda business to...

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