DMRC seeks Rs 3,500 crore from govt to comply with court directions in DAMEPL case

New Delhi, Oct 9 (IANS) The Delhi Metro Rail Corporation (DMRC) has sought a sum of Rs 3,500 crore from the Government of India in the form of grant/equity interest free subordinate debt to comply with High Court directions in the case of Delhi Airport Metro Express Pvt. Ltd (DAMEPL). In a letter dated September … Read more

Gautam Adani announces investments worth Rs 65,000 crore in Raj (Ld)

Jaipur, Oct 7 (IANS) Adani (NS:) Group Chairman Gautam Adani on Friday made a big announcement of opening a medical college and hospital each in two districts of Rajasthan and a cricket stadium in Udaipur with an investment of Rs 65,000 crore. Participating in the Invest Rajasthan summit here, Gautam Adani said, “Today I am … Read more

Gautam Adani announces investments worth Rs 60,000 crore in Raj

Jaipur, Oct 7 (IANS) Adani (NS:) Group Chairman Gautam Adani on Friday made a big announcement of opening a medical college and hospital each in two districts of Rajasthan and a cricket stadium in Udaipur with an investment of Rs 60,000 crore. Participating in the Invest Rajasthan summit here, Gautam Adani said, “Today I am … Read more

Maha, Delhi top defaulters as banks’ dues mount to Rs 8.58 lakh crore

The figures show that as on March 31, 2022, there were 30,359 records of borrowers with defaults of Rs one crore and above, with recovery suits filed against them by various banks, totalling to outstanding of Rs 858,396.32 crore. This amount has more than tripled since March 31, 2017 — from 17,236 accounts facing lawsuits … Read more

Torrent Pharma to acquire Curatio for Rs 2,000 crore

Chennai, Sep 27 (IANS) The Rs 6,742 crore revenue Torrent Pharmaceuticals Ltd has inked a definitive agreement to acquire city-based Curatio Health Care (I) Private Ltd for a consideration of Rs 2,000 crore. In a regulatory filing, Torrent Pharmaceuticals said that the Rs 224 crore Curatio has a strong presence in the cosmetic dermatology segment … Read more