Gurgaon-based infrastructure major, Lanco Infratech announced that it has agreed to acquire, for an undisclosed sum, Australia's Griffin Coal Mining and Carpenter Mine Management to fuel its growing power generation base.
Talks will begin later on the share purchase agreement, which will be done much later, after the negotiations are completed.
Bank had no obligations to Perdaman, the judge said.
The dispute centres around a coal supply deal in Western Australia.
Companies write off investments, shed assets as initial projections go haywire
Indian CEOs might like to make some serious course correction.
The power minister briefed the investors on various steps undertaken by the government.
Prime Minister Narendra Modi on Tuesday said Australia will not be at the periphery of India's vision but at the centre of its thought, as he called for closer bilateral security cooperation and a comprehensive global strategy to tackle the menace of terrorism.
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