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Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

General

11 October, 2024

Grapevine: Ola seeks investor nod for listing; BlackRock among bidders in Hyundai India IPO

Ola ConsumerĀ has sought approval from its investors to change its registration to a public one, The Arc reported. This could mark ......

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Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Finance

27 May, 2021

Aditya Birla ARC buys distressed debt of a coal-fired power plant in Chhattisgarh

Aditya Birla Asset Reconstruction Company (ARC) has snapped up debt worth Rs 2,500 crore (about $344 million) of a firm ......

Jindal Steel sells oxygen plants to Srei Equipment for $171 mn

Manufacturing

09 October, 2017

Jindal Steel sells oxygen plants to Srei Equipment for $171 mn

Debt-laden Jindal Steel & Power Ltd (JSPL) has sold oxygen plant assets at two of its steel mills to Kolkata-based ......

Jindal Steel & Power hires adviser for foreign loan recast

Manufacturing

24 August, 2016

Jindal Steel & Power hires adviser for foreign loan recast

Jindal Steel & Power Ltd (JSPL) has hired an India-based distressed asset advisory firm for the possible restructuring of loans ......

India turns to Lurgi and JSPL to revive Talcher fertiliser plant

Manufacturing

29 April, 2016

India turns to Lurgi and JSPL to revive Talcher fertiliser plant

In an attempt to revive the Rs9,000-crore Talcher fertiliser plant in Odisha, the Indian government has turned to Lurgi Technology ......

Govt seeks help from Naveen Jindal-promoted JSPL to salvage Talcher fertiliser plant

Manufacturing

20 April, 2016

Govt seeks help from Naveen Jindal-promoted JSPL to salvage Talcher fertiliser plant

In its quest for a suitable coal gasification technology for the Rs9,000-crore Talcher fertiliser plant in Odisha, the central government ......

JSPL to hike stake in ASX-listed Gujarat NRE Coking Coal to 53.6% for $65.7M

Manufacturing

21 October, 2013

JSPL to hike stake in ASX-listed Gujarat NRE Coking Coal to 53.6% for $65.7M

Shareholders of Australian Securities Exchange (ASX)-listed Gujarat NRE Coking Coal Ltd (GNCCL) have given the green signal to allow Naveen ......