As per the process, Vodafone now needs approval of the High Court for amalgamation of its entities and then complete the process by informing registrar of companies.
This is the second tranche of investment made by CPPIB's in L&T Infrastructure Development Projects Ltd. In June last year, CPPIB had committed to invest Rs 2000 crore in L&T IDPL.
Initially, the Gujarat plant was proposed to be owned by Maruti Suzuki but the plan was changed later with its Japanese parent Suzuki Motor Corporation announcing in January last year that it would invest USD 488 million to build the plant.
The project is to be developed in the Ghani Sakunala Solar Park, Kurnool district, the statement said, adding that this is SoftBank's first step towards realising its USD 20 billion commitment to promote clean and safe energy in India.
"Reliance Power logged the highest PLF of 98.2 percent in November 2015 as Sasan UMPP outperformed industry average of 60.6 percent in November 2015," an IDFC Securities report stated.
“The company has received approval for the generic version of ledipasvir + sofosbuvir combination from Drugs Controller General (India)â€, Natco Pharma said in a BSE filing today.
GIFT City's Phase-1 development process received an overwhelming response from realty developers and leading BFSI and IT players as well.
Baron Chairman and Chief Executive Rajeev Wadhwa said his portal has already roped in 40 private jets from 12 operators and one can book a plane in 60 seconds with complete transparency in pricing.
All the three companies have announced to increase prices of their respective models by up to 3 percent from first week of January, 2016.
The new plants will be set up in Rajasthan, Telangana and Andhra Pradesh and will become operational over the course of next year.
The domestic steel consumption grew by just 0.5 percent during the April-December period of the current fiscal to 53.789 MT, impacted by the economic slowdown.
Indian international cricketer
Former Indian Cricketer
Prime Minister
Minister of Home Affairs of India
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