Delhi High Court has dismissed Reliance Power's petition against four utilities, allowing them to encash bank guarantees of 300 crore.
The latest acquisition enables Jhunjhunwala led group to up their stake to 7.98%, making them third largest holders among non-promoter entities.
Japan's Kintetsu World Express has announced investing Rs 267.7 cr to pick up 30% equity holding in a JV with Gati Ltd.
Sixteen months after merging his party, Praja Rajyam Party, with Congress, Chiranjeevi is now sulking over the scant recognition his men are receiving from the local Congress leadership.
The country is reeling under a severe power shortage that has forced people to suffer 16-hour supply cuts in some regions as fuel scarcity has hit generation.
ED has sought to question the accused for the alleged violation of the PMLA and Foreign Exchange Management Act.
ACB court in Hyderabad has served summons on the Tamil Nadu Governor K. Rosaiah in a case pertaining to alleged favors he doled out to certain private parties by de-notifying over 9 acres of prime land in Hyderabad city, causing over Rs 300 crore of loss to the state exchequer.
In an outcome that may enthuse large scale defections from both ruling & opposition parties, the YSR Congress Party has swept the by-elections on Friday.
Australian govt, which halted environmental clearances to GVK's projects, has advised the co to address matters under national environment law to receive clearances.
FSDC reviewed the recent adverse developments pertaining to global economy in general & Eurozone in particular & its likely impact on the economy.
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