Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman inaugurated the National Infrastructure Pipeline (NIP) Online Dashboard here today through video conferencing. The online dashboard is envisaged as a one stop solution for all stakeholders looking for information on infrastructure projects in New India. The dashboard is being hosted on the India Investment Grid … Read more
Nettlinx is set to partner with Japanese Investment firms – Takara Leben Company and Kuni Umi Asset Management Company. Both the Japanese companies plan to jointly invest up to 30% of equity in the SVGreen ‘12 MW WTE Power plant’ and are considering follow-up investments in other Nettlinx Green Energy WTE power projects planned across … Read more
Gujarat Fluorochemicals has approved making of an investment by way of subscription up to 64,00,000 Equity Shares of INOX Leisure, a subsidiary company of the company, at a price determined in accordance with requirements of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 or any amendments thereto. Gujarat Fluorochemicals is engaged in the manufacturing … Read more
CEAT has now made an investment of second & last tranche by subscribing to 12,741 Compulsorily Convertible Preference Shares, having face value of Rs 1 each summing up to an approximate amount of Rs 3,00,00,000 and thereby acquiring 6.67% of the total share capital of Tyresnmore Online (Target Company). With this investment, the total holding … Read more
TCI Finance has received an approval for the sale of investment of subsidiary company. Divestment of 100% equity investment held by the company in Itag Business Solutions (a wholly owned subsidiary). Further after completion of formalities Itag Business Solutions shall cease to be a subsidiary of the company. The Board of Directors of the company … Read more
Greaves Cotton has completed the first phase of investment i.e. 67% of the equity shareholding in Ampere Vehicles on October 23, 2018, as a result of which Ampere Vehicles has become a subsidiary of the company. Greaves Cotton, a multi-product, multi-locational company is one of the leading engineering companies in India with core competencies in … Read more
Indian Oil Corporation (IOC) has received approval for investment proposals. The first investment proposal is for City Gas Distribution projects in 7 Geographical Areas won by IndianOil in 9th Round CGD Bidding. The estimated total capital investment is of Rs 5463 crore on implementation of the CGD projects. The investment in CGD business will help … Read more
