Vedanta Resources will buy another 10 per cent in the Indian arm of Cairn Energy as part of a restructuring of the much-delayed deal that will result in a $600 million reduction in the price tag.
FlashNews:
REC Foundation Commits ₹6 Crore to Sankara Eye Hospital for Cataract Surgeries Benefiting 8,000 EWS Patients
Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
India’s Oil Minister Urges Energy Justice to Ensure Equitable Global Energy Transition
How Budget 2025-26 May Bolster Investments in India’s Infrastructure Sector
REC Declares 3rd Interim Dividend of ₹4.30 per share; Net Profit up 23% to ₹4,029 crore
REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
Budget 2025: Key Announcements Impacting Real Estate
Rs 1 trn Urban Challenge Fund to Boost Infrastructure
FM Unveils Major Initiatives for Bihar in 2025 Union Budget
Budget 2025-26: Industry reactions
Budget 2025-26: Rs 1 lakh crore fund to transform cities
Budget 2025-26: India’s startup ecosystem gets Rs 10,000 crore Fund of Funds
NBCC Celebrates 76th Republic Day at Its Headquarters
RECPDCL Handovers HVDC Transmission Project’s SPV viz. Rajasthan Part I Power Transmission Limited to Adani Energy Solutions Limited
15th Cement EXPO: A Step Forward in Cement Innovation
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Germany's N-surprise
Germany has decided to shut all its nuclear power reactors by 2022, which may have wide-ranging ramifications for other nations including India.
RO-RO service: Another first for India at Vallarpadam
It was not for nothing that Prime Minister Manmohan Singh made a special mention, at the inauguration of Vallarpadam ICTT, of the RO-RO service between Vallarpadam and Bolghatty islands.
KL's infra envoy
S Samy Vellu, 74, who assumed duties as Malaysia’s special envoy with ministerial rank on infrastructure to India and South Asia last month, has his task cut out.