|
03-Jun-2023 13:00 Hrs IST |
GAIL infuses Rs 2,100 crore in JBF Petrochemicals
|
<p style="text-align: justify;">GAIL has infused Rs 2,100 crore in insolvent private-sector chemical company JBF Petrochemicals (JBF) that it had acquired in bankruptcy proceedings. The firm had in March won bankruptcy court approval for taking over JBF. Accordingly, JBF has become a wholly-owned subsidiary of the company with effect from June 1, 2023.</p><p style="text-align: justify;">GAIL (India) is India's leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.</p>
|
|
03-Jun-2023 12:41 Hrs IST |
Samvardhana Motherson International completes acquisition of Youngshin Motherson Auto Tech
|
<p style="text-align: justify;">Samvardhana Motherson International has completed acquisition of additional 30% stake of Youngshin Motherson Auto Tech (YMAT) from Youngshin Components, Korea, on June 2, 2023. With this transaction, the company will hold 80% of equity share capital of YMAT and accordingly YMAT will become subsidiary of the company. Earlier, the Board of Directors of the company at their meeting held on April 17, 2023, approved the acquisition. </p><p style="text-align: justify;">Samvardhana Motherson International is one of the world's leading specialized automotive component manufacturing companies for OEMs. The company, formerly known as Motherson Sumi Systems was established in 1986 as a joint venture with Sumitomo Wiring Systems.</p>
|
|
03-Jun-2023 12:14 Hrs IST |
Godrej Properties hikes stake in Godrej Home Constructions
|
|
|
03-Jun-2023 11:50 Hrs IST |
NTPC starts commercial operation of fifth part capacity of Nokhra solar PV project at Bikaner
|
|
|
03-Jun-2023 11:29 Hrs IST |
USFDA inspects Zydus' animal health drug manufacturing facility in Ahmedabad
|
|
|
03-Jun-2023 11:02 Hrs IST |
KP Group recognized as Great Place to Work Certified in India
|
|
|
03-Jun-2023 10:48 Hrs IST |
Hero MotoCorp launches ‘HF Deluxe'
|
|
|
03-Jun-2023 10:27 Hrs IST |
Eicher Motors' motorcycle arm reports 22% rise in sales in May
|
|
|
03-Jun-2023 10:06 Hrs IST |
Lemon Tree Hotels opens two new hotels
|
|
|
02-Jun-2023 18:22 Hrs IST |
eMudhra's arm incorporates wholly owned subsidiary in Kenya
|
|
