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1-10 results from 1000 for query «acquisition»

20 February, 2018 4:15 PM Defence ministry clears capital acquisition proposals worth Rs 1,850 crore

The defence ministry on Tuesday approved capital acquisition proposals worth over Rs 1,850 crore. New Delhi: The defence ministry on Tuesday approved capital acquisition proposals worth over Rs 1,850 crore which included procurement of 156 infantry combat vehicles to meet the requirement of the troops for rapid deployment. The long-pending proposals 15

18 February, 2018 8:01 PM Plan to obtain bank loan for Masula port project

2,000 acres of private land needs to be acquired, says Kollu Law Minister K. Ravindra on Sunday said the State government was preparing to obtain a bank loan of ₹750 crore for rehabilitation and compensation package to acquire land for the proposed Machilipatnam deep sea port. Speaking to newsmen here on Sunday, Mr. Ravindra confirmed that the process 32

16 February, 2018 5:13 PM Liberty hails U.K. steel sector ‘milestone’

Group restarts electric arc furnace in Northern England that it had acquired from Tata Steel An electric arc furnace in northern England, acquired from Tata Steel by Sanjeev Gupta’s Liberty House Group, was reignited on Friday, in what the company describes as a “major milestone” in the revival of Britain’s steel industry. The N-Furnace, the larger of two electric 35

16 February, 2018 3:50 PM Flemingo Travel Retail files IPO papers with Sebi

Flemingo Travel Retail, a leading duty-free and travel retail operator, has filed preliminary papers with the capital markets regulator Sebi to garner Rs 2,600 crore through an initial share-sale. The firm will issue fresh shares worth Rs 2,423 crore besides an offer for sale of 11,29,500 scrips by one of its subsidiary Flemingo Duty Free Shop Mumbai 52

16 February, 2018 7:22 AM Mutual Fund distribution firm Quant Capital likely to buy out Escorts MF

The fund house is likely to announce the acquisition next week Mutual fund distribution and brokerage firm, Quant Capital, is set to acquire Escorts Mutual Fund, according to sources in know of the development. An official from Escorts Mutual Fund confirmed and said “the process for acquisition has started,� however, he declined to reveal details 43

15 February, 2018 5:54 AM Zee Learn To Invest Rs 200 Crore In Over 44% Stake In MT Educare

Zee Learn is investing through a preferential allotment of equity shares for a stake of 44.53% in the expanded share capital of MT Educare The transaction is subject to the fulfillment of customary closing conditions and the requisite statutory and regulatory approvals. Commenting on the transaction, Debshankar Mukhopadhyay, CEO, Zee Learn said, "Post 35

14 February, 2018 12:08 PM Broadcom Scales Back Qualcomm Board Challenge to Simple Majority

Broadcom cut the number of board seats it was trying to win at Qualcomm to six from 11 on Tuesday, saying this would let Qualcomm shareholders push the US chipmaker toward a sale while ensuring continuity. The move came following Singapore-based Broadcom's meeting with proxy advisory firm ISS on Monday and concern from some Qualcomm shareholders that replacing 45

14 February, 2018 1:56 AM ‘GIM shouldnot wastepublic money’

PMK founder S. Ramadoss on Tuesday said the State government’s plans to conduct the second Global Investors’ Meet in January 2019 should not result in wastage of tax payers’ money as the earlier GIM had not yielded the desired results. In a statement, Mr. Ramadoss said only 5.34% of the investments that were promised during the previous GIM had been realised 45

12 February, 2018 4:03 PM ArcelorMittal, Numetal in race for Essar Steel

Vedanta, JSW, Tata Steel keep off; ‘Essar promoter’s son Rewant is minority shareholder in Numetal and can particpate’ Steel baron L.N. Mittal-led ArcelorMittal and Mauritius-based Numetal, backed by Russian VTB Bank and Rewant Ruia as minority shareholder, have submitted bids to buy out distressed Essar Steel, in line with the corporate insolvency resolution 26

12 February, 2018 2:58 PM ArcelorMittal Submits Offer For Debt-Laden Essar Steel

Arcelor Mittal set out a detailed industrial plan for the debt-laden Essar steel to address its operational issues and aimed at improving its performance and profitability. "Essar provides a compelling opportunity for us to enter the high growth Indian steel market. The offer submitted today by AMIPL includes a detailed investment plan to address operational 40