Usha Martin issues clarification, says it was not aware that former Chairman Basant-Prashant Jhawar may sell majority stake as part of the company’s deal with Tata Steel.
Jet Airways mulls deploying planes on more profitable and productive routes. The aviation company is in active talks with investors to secure financing, as per media reports.
Yes Bank’s R Chandrashekar resigns; board overhaul likely.
Production at NMDC’s Donimalai mine suspended. Suspension of production at the mine is reportedly temporary.
Kridhan Infra’s Singapore arm wins Rs195cr construction order for link sewers from Singapore’s Public Utilities Board.
SRF says damage to its Tamil Nadu textile unit due to Cyclone Gaja is Rs28cr. It, however, stated that the damages were covered by adequate insurance.
HEG board said it will consider a share buyback on November 26.
Future Enterprises acquired 100% equity share capital of Ritvika Trading Private Limited (RTPL).
IL&FS was unable to service obligations with respect to principal and interest to Mudra on November 17, as per news reports.
Venezuela pays $35mn dividend dues to ONGC Videsh which has two projects there.
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