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Companies Report

Bullet train project may help revive Bhel’s fortunes

State-run Bharat Heavy Electricals Ltd (Bhel) is eyeing a major role in the marque Ahmedabad-Mumbai high-speed rail project, popularly called bullet train, ranging from manufacturing coaches and civil construction work to laying down rail links.

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11 buyers line up for Jaiprakash Power

Even at a time when the power generation sector is under stress, lenders of Jaiprakash Power Ventures have managed to get as many as 11 suitors for the beleaguered company.

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Sembcorp to buy out IDFC’s stake in Semcorp Green Infra

Singapore-based power producer Sembcorp Industries Ltd on Thursday announced the acquisition of IDFC’s remaining 28% stake in renewable energy firm Sembcorp Green Infra (SGI) for Rs1,410.2 crore (around Singapore $301 million) to become its sole owner.

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D-Mart shares up 230% from issue price, market cap swells to Rs61,731.32 crore

Five months after going public, Avenue Supermarts Ltd continues its dream run on the markets, but concerns over its rich valuations are rising as well.

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