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The boards of the two state-run firms approved on Thursday their plans to jointly bid and, if successful, acquire BPCL’s stake in NRL that operates a 3 million tonnes a year refinery in Assam.
Kalrock-Jalan keen to resume Jet ops by JulyThe consortium of London-based investor Kalrock Capital and Gulf-based businessman Murari Lal Jalan had in October 2020 got approval for its resolution plan to revive the grounded airline. In December, it said it wanted to re… Read MoreMarico, Jubilant face a tough ask on moves to expand menuThe decision to launch ‘Saffola Oodles’ seems to be in sync with its overall strategy to be in health and wellness products. The fast-moving consumer goods company is already present in the healthier categories of oats, break… Read MoreHealth, fire boost Jan premiums for general insurersNon-life insurance premium reached Rs 18488.1 crore for the month against Rs 17333.7 crore January of 2020. At 2.8% the Gross Direct Premium (GDPI) growth has been much slower for the year-to-date (YTD) period for FY21, as pe… Read MoreUTI’s offer better suited for old handsInvestors looking for a relatively low-cost fund based on quantitative strategies could consider the New Fund Offer (NFO) of UTI Nifty 200 Momentum 30 Fund.
from Stocks-Markets-Economic Times https://ift.tt/2NQX9Mg
… Read MoreThe week that was: PSUs shine in Budget’s afterglow; Vi suffers most in 1 yearThe Nifty50 and BSE Sensex indices fell over 1 per cent each for the week as some investors saw the opportunity to take some profits.
from Stocks-Markets-Economic Times https://ift.tt/3aCBssh
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