Tight liquidity will hit over-leveraged and cash-hungry companies, spare conservative ones
He is nominated to the investment, innovation and audit committees.
If they encash shares, Dutch major Heineken will emerge as single largest shareholder in the company.
.jpg)
Lawyers say open offer must for twin stake purchase to meet Sebi rules.
Kiran Kumar Grandhi, 38, was earlier in charge of the urban infrastructure and highways business, which contributes five per cent of the Rs 10,000-crore revenue of GMR Infra.
This move to sell a part of its land holding in one of its SEZ is part of an overall move by GMR to exit some of its assets as part of its 'asset light -- asset right' strategy.
No respite in sight as not many big deals, initial public offerings in pipeline.
We are serious about setting up a bank and use the parent branding that is a household name in India, says Venugopal Dhoot.
Needs funds for Odisha plant expansion, to cut high debt.
SBI, the country's largest lender, had recently issued public auction notices to sell Gopinath's pledged properties
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
.jpg)
Issue in two months for Australian projects; group to invest another $15 billion in infrastructure projects by 2020.
The two companies have approached banks to raise up to Rs 8,000 crore as debt to fund their expansion plans.
The company will move swiftly to consolidate its recent acquisition of three distilleries and will also take a decision on setting up a Rs 650-crore two-furnace glass plant in Andhra Pradesh, said sources.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
GMR Infra's exit from this project, expected this year, will mark the company's waning global presence after a very aggressive expansion.
Britannia's foreign presence is low; share of global operations to total revenues is just 5-8%.
SBI says recovery process on as no court stay yet.
Share purchase agreement awaits Karnataka HC decision on Kingfisher creditors' plea.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances