GTL Infra receives CCI nod for scheme of amalgamation
Competition Commission of India (CCI) has accorded its approval for the proposed scheme of amalgamation between Chennai Network Infrastructure Ltd and GTL Infrastructure.
The requisite majority of the lenders in The Joint Lenders Forum meeting in-principally approved proposed merger. The implementation of the scheme is subject to requisite regulatory approvals including from National Company Law Tribunals (NCLT). Read More
Cabinet approves four laning of new NH-52 in Maharashtra and Karnataka
The Cabinet Committee on Economic Affairs has given its approval for four laning of Solapur-Bijapur Section of New NH-52 (formerly NH-13) in Maharashtra and Karnataka, said a government release on Wednesday.
The development of four lanes for 110 km is estimated to cost approximately Rs 1,889 crore including the cost of land acquisition and pre-construction activities. Read More
BEML inks pact with National Law School of India University
BEML has signed a Memorandum of Understanding (MoU) with National Law School of India University for capacity enhancement.
By this MoU, BEML would avail the services of NLSIU inter alia for improved qualitative business documentations including Legal Consultancy Services. National Law School of India University is a pioneer in the legal front and sponsored by Bar Council of India. Read More
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