- Saudi Aramco eyes stake in ONGC Petro Additions Ltd (OPal); to acquire up to 30% stake in Gujarat Petrochem Project.
- CX Partners in talks to buy Future Venture's 28.3% stake in Biba Apparels for Rs. 300 crore.
- Airport Privatisation may lead to higher fares: IATA.
- State owned Fuel Retailers likely to get Rs. 8000 crore Cash Subsidy on September 17 for first Quarter.
- USDFA warns 2 more Indian firms 'Promed Exports and Posh Chemicals' for manufacturing lapses; most of the companies no longer get 3 months' notice before inspection.
- Around 20 Indian Air Charter Operators including Taj Aviation, Reliance Commercial Dealers and Oberoi Group's Charter Devision to request DGCA to lift ban on all their International Flights.
- Bharat Biotech launches Typbar-TCV, the world's first clinically proven Typhoid Conjugate Vaccine.
- Videocon slashes call rates to US and Canada by 98%, makes ISD Cheaper than local calls.
- BSE to suspend Trading in Securities of 15 Companies including Koutons Retail and Dunlop India for failure in complying with the provisions of Listing Agreement.
- NSE sells over 2% MCX - Multi Commodity Exchange.
- SEBI imposes Rs. 40 lakh fine on Ankur Drugs and Pharma for non-disclosures of Pledged Shares of Promoters.
- Tata Group Firm Indian Hotels to open 19 new properties under 'The Gateway Hotels and Resorts' in four years.
Source: Economic Times
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