State-run Coal India today said it has completed buyback of equity shares worth Rs 3,650 crore.
Telecom giant Airtel on Monday moved the Delhi High Court, seeking a refund of over Rs 3,000 crore. The issue pertains to a 20-year-old case when Airtel‘s licence for Punjab circle was suspended between 1996 and 1998, reports CNBC-TV18‘s Ashmit Kumar.
The cement major has reached out to bankers, who are eveluating options and demand conditions for the fundraising.
The Rs 3,600 crore worth of collective contingency and related reserves will help the bank pull down its credit cost in FY17, says Nitin Kumar, Analyst from Prabhudas Liladher. But Bajrang Bafna of Sunidhi Securities says he isn't sure whether the worst is over for banks in general.
One, situated at Rajasthan, while the other in Madhya Pradesh, are expected to be commissioned by March 2017, said AK Jha, Director-Technical at NTPC.
Engineering major Larsen & Toubro's today said the construction arm has received orders worth Rs 3,205 crore across various business segments.
The TRAI, using SBI PLR, worked out the indexed price of Rs 4,874.59 crore per megahertz. In 2010, the final 3G spectrum rate paid by telecom operators was Rs 3,349.87 crore per megahertz.
DLF Ltd, the country's largest listed developer, said it aims to bring down net debt to Rs 19,000 crore by June, and reduce it further to Rs 17,000 crore by end of this fiscal.
State-run Steel Authority of India expects to raise around Rs 3,500 crore (USD 778 million) from a share sale, its chairman said on Saturday, adding he expected steel production and sales during the current quarter to be higher than a year earlier.