Premium
This is an archive article published on November 8, 2013

Briefly Business: CCEA clears follow-on offer of Power Grid Corp

The 17 per cent follow-on public offer of Power Grid has been cleared.

New Delhi: The government on Thursday cleared a proposal for follow-on public offering of state-run Power Grid to raise about Rs 7,500 crore. “The 17 per cent follow-on public offer of Power Grid has been cleared. This includes 13 per cent fresh equity and 4 per cent stake sale by the government,” power minister Jyotiraditya Scindia said. PTI

Vodafone FDI: FIPB to take up on Nov 13

New Delhi: The Foreign Investment Promotion Board will take a decision on November 13 on British telecom major Vodafone’s proposal seeking approval to invest Rs 10,141 crore for raising its stake in India unit to 100 per cent. PTI

COAI hails approval of TSDCI

New Delhi: Hailing the approval of setting up of the first telecommunication standards development organisation in the country — the Telecommunications Standards Development Society,India (TSDSI) — the Cellular Operators Association of India on Thursday congratulated telecom minister Kapil Sibal and the Department of Telecommunications. ENS

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
Advertisement