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SJVN opens bridge near its hydro-power project in Uttarakhand

New Delhi, Apr 9 (PTI) State-run power producer SJVN Ltd on Saturday said that a bridge on the river Tons in Uttarakhand has become operational to ensure better connectivity in the region and support the activities of its Naitwar Mori Hydro Electric Project. The 60-MW Naitwar Mori Hydro Electric Project is expected to be completed [...]

21 bids for 5 city gas licences

New Delhi, Apr 9 (PTI) Seven companies have put in 21 bids for licence to retail CNG to automobiles and piped cooking gas to households in five areas in states like Uttar Pradesh and West Bengal, oil regulator PNGRB said. The Petroleum and Natural Gas Regulatory Board (PNGRB) had offered five Geographical Areas (GAs), spread [...]
HDFC pares 3% stake in Bandhan Bank for Rs 1,521 cr

HDFC pares 3% stake in Bandhan Bank for Rs 1,521 cr

Housing finance major HDFC Ltd on Friday divested a little over 3 per cent stake in Bandhan Bank, garnering Rs 1,522 crore, through an open market transaction. The transaction comes days after HDFC announced a mega merger with its banking arm HDFC Bank. According to bulk deal data available with the BSE, Housing Development Finance [...]
Ruchi Soya repays entire loans of Rs 2,925 crore

Ruchi Soya repays entire loans of Rs 2,925 crore

Edible oil major Ruchi Soya on Friday said it has repaid Rs 2,925 crore loans to banks and has become a debt-free company. Baba Ramdev's Patanjali Ayurved-led Ruchi Soya has recently raised Rs 4,300 crore through its follow-on public offer, and the part of the proceeds has been utilised to repay the debt. Acharya Balkrishna, [...]

LS member seeks railway project in Kerala

New Delhi, Apr 8 (PTI) Lok Sabha member V K Sreekandan has urged the central government to start a railways-related project at the 236 acres of unutilised land parcel in Kerala's Palakkad district that was acquired by the railways ministry more than ten years ago for setting up a rail coach factory. The land parcel, [...]
IHC to invest $2 bn in Adani Group’s green portfolio

IHC to invest $2 bn in Adani Group’s green portfolio

Abu Dhabi-based conglomerate International Holding Company will invest USD 2 billion in three green-focused companies of Adani Group, helping tycoon Gautam Adani's units fund expansion plans. Adani Enterprises Ltd, the group's flagship firm, will get Rs 7,700 crore (USD 1.02 billion) by issuing preferential shares to IHC, while Adani Green Energy Ltd (AGEL) and Adani [...]
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