DLF to announce Metro extension
2009 August 11
Realty major DLF is going to announce Metro extension for its Gurgaon Township. The company will form 26:74 SPV with IL&FS for the project. Total investment in the project is of Rs 900 crore.
It will be India’s first privately-developed Metro train extension.
BOC India bags order from Jindal Stainless for installation of air separation unit
Steel major Tata Steel is planning to raise Rs 5000 crore via issue of securities in domestic and international market. The company will seek shareholder approval in AGM on August 27.
A shareholder of Bharti Airtel moved the Securties Appelate Tribunal SAT over the SEBI’s informal guidance on the Bharti-MTN deal; questions SEBI’s decision exempting the open offer by MTN to Bharti shareholders
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