Welspun Group’s Welspun Infra Projects on Friday said that it has acquired 35 per cent stake in Leighton Contractors (India) for `470-crore to pursue infrastructure opportunities in India. The transac

Pyramid Saimira Theatre Ltd on Friday surged nearly 20 per cent, touching its upper limit on the BSE even as the market regulator Sebi barred the company’s promoter Mr P. S. Saminathan from share trad

Aditya Birla Retail (ABRL) that operates supermarkets and hypermarket formats under the ‘More’ brand, said it is eyeing a break-even at the company level by financial year 2014-15. The retail major is

Gujarat State Petroleum Corporation (GSPC) has discovered a “huge reservoir of gas” in an onland exploration block in Ank-leshwar, Gujarat.“The discovery of a huge reservoir of gas at the Ankleshwar 4

Sistema Shyam Teleservices Ltd has received a notice from the government seeking an explanation for the delay in rolling out its network, as mandated by the licence. “We have received the letter from

Infrastructure firm Lanco Infratech on Tuesday said it has bagged a `4,100 crore order from an arm of Moser Baer Projects to execute a 1200-MW power project. Lanco bagged the order through a internati

Tata Power expects to augments its power generation capacity by over 60 per cent in 2011 through the commissioning of new projects with a cumulative output of over 1,900 MW. “Next year, there will be

IRDA on Friday set up a committee to look into issues related to third party insurance cover for motor vehicles. The IRDA constituted a committee under chairmanship of Mr M. Ramaprasad, member (non-li

The civil aviation minister, Mr Praful Patel, on Friday said the airline industry in India has gro-wn by 400 per cent in a short span of about six-and-a-half years while presiding over a foundation st

GAIL India has proposed to set up 5,500 km of gas connectivity over the next two-three years by investing $4 billion, said GAIL India general manager (gas & marketing), Mr Rajendra Tiwari, on Friday.