Sensex ends flat; heavyweights RIL, DLF extend gains
Fp Staff • 12 years agoSensex closed at 19642.75, up 0.04 percent and the Nifty closed at 5943.05, up 0.06 percent.
Welspun sells 40% stake in JV with Leighton for $99 million
Fp Archives • 11 years agoThe company has entered into a pact with Leighton Group to sell the stake its subsidiary Welspun Infra Projects Pvt Ltd (WIPPL) had in Leighton Welspun Contractors India Pvt Ltd (LWIN), WCL said in a statement today.
L&T plan to surrender SEZ; 16 cos seek more time for projects
Fp Archives • 12 years agoReflecting lack of enthusiasm for special economic zones, 16 developers including Cognizant Technology Solutions and Parsvnath SEZ have sought more time from the government for implementing their projects.
After 2-yr fall, Welspun surprises mkt with a 6% gain
Fp Staff • 13 years agoSebi has dropped charges against 30 of the 69 entities alleged to have been involved in the price rigging of Welspun group firms.
RIL, banks pull Sensex 1% lower, Nifty ends below 5300
Fp Staff • 13 years agoNow that all three triggers of March- the UP Elections, RBI's monetary policy review and Budget 2012- are over, the markets opened flat but soon drifted in the red.
Welpsun Energy to raise $150 mn via stake sale
Fp Archives • 13 years agoBusiness Conglomerate Welspun Corp is in talks with renewable energy funds to sell a small stake in Welspun Energy and raise $150 million to $200 million for investments in wind energy farms.
Apollo lining up $500 mn for Welspun Group
Fp Archives • 14 years agoPEs are arriving in India in hordes. They looking at every possible opportunity to invest big time here. Improved valuations are keeping their interest alive.