While approving the project in 2020, the Union government had asked the state to induct coaches under the lease model to reduce project costs
The purchase was registered on August 23, with a stamp duty of Rs 9,37,500 being paid.
This gains significance as Clarios ARBL Holdings sold its entire stake in the battery maker through bulk deals on July 18. It offloaded 2.4 crore shares or about 14 percent stake in the company.
The deal is expected to ease the logistics of transferring iron ores from the point of origin to its steel-making facility and save 25 percent of the freight costs incurred by the company
The Adani Group company and DB Power Ltd. mutually agreed not to proceed with the transaction after a long-stop date expired on Wednesday, said the people, who asked not to be identified as the information is private. DB Power operates a 1.2 gigawatt coal power project in the Indian state of Chhattisgarh.
Citing potential risks to UK financial stability, the BoE also said it would delay the start of a programme to sell down its 838 billion pounds ($891 billion) of government bond holdings, which had been due to begin next week.
Earlier on Wednesday 30-year British government bond yields rose above 5% for the first time since 2002, as a sharp sell-off triggered by last week's government fiscal statement continued.
Something similar happened in 2011 when Amazon had removed the purchase of books from iOS devices in accordance with the policies of Apple’s App Store.
When buying residential property, buyers should conduct thorough due diligence on it to ensure they aren’t confronted by nasty surprises later on.
Tata Sons has been raising stake in Tata Chemicals for a year now, which is witness to early results of a capacity addition-led business expansion plan
It will be favourable if the identified project is in advance stages of completion or is ready-to-move-in to avoid any deferment in handing over
Price-points of residential realty have remained muted for the past few years, but are still a key deterrent, with the perception of being still unaffordable, the survey said
While there may be several deals available in the market and the scope for negotiations is high, homebuyers should do their due diligence well as now may not be a good time to take risks
A buyer should make sure that the title of the seller is clear and should be free from encumbrances. Ideally, all documents related to the property for a period of 30 years should be examined
Competition Commission has cleared Aspen Global's deal to purchase certain drug brands from GlaxoSmithKline.
Competition Commission has cleared Sony Pictures Networks' proposed purchase of TEN Sports, owned by Zee Entertainment Enterprise.
The Narendra Modi-led BJP government has clearly outlined that it wants to upgrade the Indian armed forces. Towards that end, defence minister Arun Jaitley has announced several defence reforms measures recently, key among them was the move to increase foreign direct investment from 26 percent to 49 percent.
Jubilant FoodWorks is under pressure today. The Reserve Bank of India (RBI) has said that the foreign institutional investors (FIIs) share purchase limit in the stock has reached a trigger limit. Pragya Bhardwaj of CNBC-TV18 gives the details.
Gartner says the key decision about BYOD is one of applications architecture and solutions design.
AgustaWestland had asked India's defence ministry and more recently the finance ministry to pay the sums due under the contract.
India is ironing out contract details on a purchase of French Rafale fighter jets that has been under negotiation over the past year, Foreign Minister Salman Khurshid said during a visit to Paris on Thursday, suggesting that a deal could be close.
Fair trade regulator CCI has approved 30 per cent stake purchase by state-owned Punjab National Bank (PNB) in MetLife India Insurance Company.The Competition Commission of India (CCI) said the deal would not have any adverse impact on the competition scenario.
CNBC-TV18‘s Kritika Saxena reports, quoting sources, that the board of Warburg Pincus is likely to have given its approval for the purchase of Future Capital.
Nokia only recently showcased their smartphones equipped with the NFC technology. Now one of the country's leading wireless transactions ...