Ambani’s Reliance Power Ltd. is also considering making an offer for the asset in an attempt to win back control of the firm, one of the people said.
Johnson was prime minister from 2019 to 2022 until he was forced to resign over a string of scandals. One-time backers are now urging him to stay out of the race to replace his successor Liz Truss, who only lasted six weeks in office.
Among other bidders, founder of the Maharaja, the Tata Group, are likely candidates
The project comprises the core component of redevelopment of a railway colony spread across 9,428 sq m and commercial development of 15,161 sq m
The 89,032 sq. m site is suitable for the development of riverfront luxury tourism and water sports hub.
The entire area will be developed across an area of about 8 million sq ft and the developer who is finally selected would be allowed to build commercial spaces on about 2.5 million sq ft
While e-bids are invited, the last date for submission is likely to be extended in view of the coronavirus lockdown.
Real impact would not be immediate but likely to be visible only after eight to 10 years, say experts
The contract has been awarded at a cost of Rs 229.7 crore, much below the estimated Rs 448 crore.
The bids for the plots where mid-housing can be constructed is open from October 10 until December 11.
NCLAT also directs the committee of creditors not to finalise rejection of the NBCC bid without the court's consent.
The anticipated aquisition of a stake in Ruchi Soya could provide Godrej Agrovet's palm oil business significant expansion opportunities. Though EPS dilutive in the short run, we see significant synergies to flow in from the deal in the longer run.
The City and Industrial Development Corporation of Maharashtra (CIDCO), is positive that more firms will participate in the bid for the development of its ambitious Navi Mumbai International Airport project, a senior development authority R
German pharmaceuticals and crop science major Bayer has yet again sweetened its offer to acquire US-based biotechnology firm Monsanto by over 2 per cent, taking the value to over USD 65 billion.
Embattled Sahara group today said there is a "devious attempt" to lower the price for its marquee hotels and disturb the sentiment of potential bidders, amid reports that a bidder has reduced the offer price for the properties.
Sajid Javid, business secretary, UK, wrote in a tweet that he met Tata management in Mumbai ahead of the board meeting to discuss the sales process, learns CNBC-TV18.
After 68 rounds of bidding spread over 10 days, the government on Thursday said it had concluded the spectrum auction. The government has mopped up more than Rs 61,000 crore, though the exact figure had not been arrived at yet, Telecom Secretary MF Farooqui told CNBC-TV18.
Unlike the previous two rounds, 2G spectrum has been bid for aggressively this time. What was different?
In November, US-listed Orient-Express, which owns the Hotel Cipriani in Venice and the '21' Club in New York, rejected a USD 1.2 billion unsolicited takeover offer from Indian Hotels as too cheap.
With the prospect of a full takeover off the table for now, Vodafone investors switched focus on Wednesday to whether the British group might sell its best performing asset, its USD 115 billion stake in Verizon Wireless.
It could be third time unlucky for Indian Hotels as rival Orient Express, which operates luxury hotels and trains has turned down its acquisition bid yet again.
Tata Teleservices, India's sixth-biggest carrier by customers, has withdrawn its application to bid for mobile airwaves in an upcoming auction, two sources with direct knowledge of the matter said on Monday.
Shares of Tata group owned Indian Hotels tumbled over 5% on Friday morning as investors questioned the luxury hotel operator's latest attempt to bid for US-listed Orient Express Hotels, which will cost over USD 1 billion.
Reliance Industries is likely to bid for mobile telephone spectrum in the upcoming auction to complement its wireless broadband services with voice call facility.
The ONGC offer for sale was completed today using the secondary market mechanism created by NSE and BSE. The final demand was for 42.04 crore shares against an offer of 42.77 crore shares.