Reliance Infrastructure has announced the de-merger of certain power generation and supply businesses in Mumbai, Goa and Andhra Pradesh into a subsidiary for a consideration of Rs.6,282.50 crore.
Tag: Shareholders
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CIL to seek nod to extend CMD´s tenure
Coal India Limited will seek its shareholders´ nod to extend the tenure of Sutirtha Bhattacharya, 58, as its Chairman and Managing Director till August 31, 2017. Bhattacharya took charge as Coal India-´s full-time CMD on January 5, a post which had been lying vacant for over six months.