Cairn India Ltd: The subsidiary of UK- based Vedanta group, cannot be allowed to export excess crude from its Rajasthan oil field as it is a policy to ensure that there can be no export till domestic demand is met, government told the Delhi High Court today.
Jindal Steel and Power Ltd: Naveen Jindal-led Jindal Steel and Power LtdBSE 1.84 % (JSPL) is in talks with banks for various financing options including the RBI’s 5/25 scheme.
PNB: As part of efforts to raise capital, Punjab National BankBSE 2.42 % is weighing the options of diluting stake in some of its subsidiaries and selling off real estate assets.
Fortis Healthcare Ltd: Private equity funds Baring Asia, Capital International and Bain Capital are in advanced talks to buy a controlling stake in SRL Diagnostics, the country’s largest diagnostic chain, owned by brothers Malvinder and Shivinder Singh, said people familiar wi ..
Tata Global Beverages Ltd: After going slow on expansion of Starbucks outlets owing to a host of reasons, including issues with FSSAI, Tata Global BeveragesBSE 0.96 % plans to enhance the pace of increasing the network of the coffee chain going forward.
Shriram EPC Ltd: The company has bagged contracts worth over Rs 430 crore. Of this, it had received a road contract worth Rs 301.05 crore from the State of Chhattisgarh for executing road works of 50 km
Gayatri Projects Ltd: The company has decided to invest in redeemable preference shares issued by Gayatri Hi-tech Hotels Limited in lieu of outstanding EPC receivables of Rs. 235 crore from the latter.
Jet Airways Ltd: The private carrier Jet AirwaysBSE 2.60 % will expand flight operations to Dubai from its Delhi and Mumbai hubs from next month.
Canara Bank: At a time when most PSU banks are expected to show lower earnings and some may even show losses, Canara BankBSE 1.54 % expects its fourth quarter profits would be better than its third quarter’s.
Quick Heal Ltd: Shares of security software provider Quick Heal Technologies may remain under pressure after they made a poor debut on the Dalal Street. The stock ended with losses of 20.73 per cent at Rs 254.45 on the BSE.