West Coast Paper, one of India's largest paper makers, has made a preferential allotment of equity shares and warrants to its promoters.
In 2010, a consortium led by Adani Enterprises was awarded what is called the mine developer & operator (MDO) contract by UCM Coal.
Subhash Chandra, the chairman of Essel Infraprojects, the company at the heart of takeover battle for IVRCL, is talking to other investors in the company for an amicable deal.
Essel Group, which is one of the largest shareholders in IVRCL, will contest any decision by the infrastructure major to sell assets on the grounds that it would reduce the asset base of IVRCL.
In an industry where every year $2.5 billion, or about 13,000 crore, worth of institutional real estate transactions are completed, the value of disputed transactions alone since 2006 adds up to $3 billion
Sesa Goa on Tuesday said iron ore sales in its fiscal fourth quarter was down 21% due to the mining ban in Karnataka.
Proposed move could further impact the iron ore industry and drag down mining growth in the country.
Aluminium is a fantastic business. We have put up 1.75 million tonnes of smelter facilities [through Vedanta Aluminium] that no one can replicate.
Jindal had cut the deal for Ispat with brothers Pramod and Vinod Mittal at lickety-split. The 2,157-crore transaction was sealed in just a week.
The plant's Plate Mill rolled out a fresh order of 54 tonnes of ultra high strength special steel plates of 9.2 mm thickness that will be used for the main body of the country's indigenous space vehicles such as PSLV and GSLV.
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