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Thursday 30 June 2011

CCEA Gives nod to Cairn Vedanta deal

CCEA Gives nod to Cairn Vedanta deal on conditions

Hindustan Zinc has raised lead prices by 1.3 per cent and zinc prices by 1.1 per cent

Hindustan Zinc has raised lead prices by 1.3 per cent and zinc prices by 1.1 per cent

Ackruti City has raised Rs 300 crore by mortgaging two fully built commercial buildings

Ackruti City has raised Rs 300 crore from Future Capital's NBFC arm, State Bank of India and ICICI Bank by mortgaging two fully built commercial buildings, Ackruti Star and Ackruti Solaris in Andheri east, Mumbai.

BPCL is planning for domestic LNG business

BPCL is planning to source gas from Mozambique for domestic LNG business. It is scouting for location to set-up LNG plant in India. The company will invest around Rs 10000 crore on upstream business.

NHPC has recommended a dividend of Re. 0.60 per share

NHPC has recommended a dividend of Re. 0.60 per share to the shareholders

Vishal Retail is going to sell four properties

Vishal Retail is going to sell four properties to raise Rs 50 crore to clear debt & partly fund its new expansion plans under V2 retail brand

Niko expects to increase its stake by 30% in Three blocks with RIL

Niko expects to increase its stake by 30% in each or all the three oil blocks it has with RIL