Mumbai: Qatar Investment Authority has agreed to buy a minority stake of 25.1% in Adani Electricity Mumbai Limited (AEML) — the flagship power transmission and distribution asset in Gautam Adani’s empire. The 14-year-old sovereign wealth fund of the oil-rich Gulf nation will invest Rs 3,200 crore for a minority, valuing the business at around Rs 13,000 crore, Adani Transmission said in a regulatory filing.
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Mumbai: Qatar Investment Authority has agreed to buy a minority stake of 25.1% in Adani Electricity Mumbai Limited (AEML) — the flagship power transmission and distribution asset in Gautam Adani’s empire. The 14-year-old sovereign wealth fund of the oil-rich Gulf nation will invest Rs 3,200 crore for a minority, valuing the business at around Rs 13,000 crore, Adani Transmission said in a regulatory filing.
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Tata Steel Monday said that its step-down subsidiary, TS Global Holdings Pte Ltd (TSGH), has signed definitive agreements with the Beijing-based HBIS Group to divest a majority stake in its Southeast Asia business. 'TSGH has executed definitive agreements with HBIS Group Co Ltd controlled entity to divest its entire equity stake in NatSteel Holdings Pte Ltd ('NSH') and Tata Steel (Thailand) Public Company Ltd. ('TSTH'),' the steel maker said in a regulatory filing. As per the agreements, the divestment will be made to a company in which 70 per cent equity shares will be held by an entity controlled by HBIS and 30 per cent by TSGH. Listen-in to the management. (Text: IANS)
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Airborne transmission of Covid-19 is more prevalent than surface transmission, said Dr VK Paul, Member-Health of Niti Aayog. He added that Remdesivir production, which had gone down from 26 lakh vials/month has been scaled up to 40 lakh vials/month while aiming for 76 lakh vials/month.
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Covid airborne transmission more prevalent than surface transmission: Dr VK Paul, Niti Aayog
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Ending eight-and-a-half month search for the best suitor, the promoters of Zee Entertainment Enterprises (ZEE) have zeroed in on US-based financial investor, Invesco Oppenheimer Developing Markets Fund, to sell 11% of their stake in the company for a consideration of Rs 4,224 crore. Registered with the US Securities & Exchange Commission, the fund has been a financial investor in ZEE since 2002 and currently owns 7.7% stake in the company.
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IND vs ZIM | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
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Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 series. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
IND vs SL | T20 | Match Preview and Stats | Fantasy 11 | Crictracker
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Welcome to the exhilarating showdown between India vs Sri Lanka in the T20 series! Get ready for an electrifying clash as these two powerhouse teams, fueled by raw talent and strategic brilliance, lock horns for cricketing supremacy.
Join us as the India, led by their charismatic captain, face off against the Sri Lanka, determined to showcase their prowess on the pitch. With star-studded lineups boasting top-tier international players and emerging talents, expect nothing short of cricketing excellence and heart-stopping moments.
Don't miss a single moment of the action, drama, and excitement as these teams battle it out in the high-stakes arena of this T20 Final. From breathtaking boundaries to strategic masterstrokes, witness every twist and turn in this epic showdown.
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