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NCLT approves GAIL acquisition of IL&FS stake in OTPC

The stake, it said, is being acquired from group companies namely IL&FS Energy Development Company Ltd (EDCL) and IL&FS Financial Services Ltd (IFIN)

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NCLT approves GAIL buying IL&FS s 26% stake in OTPC

The National Company Law Tribunal has approved state-owned gas utility GAIL (India) Ltd's acquisition of bankrupt Infrastructure Leasing and Financial Services' 26 per cent stake in ONGC Tripura Power Company (OTPC), GAIL said on Friday. OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&FS Group and Government of Tripura (GoT) for setting up

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NCLT Approves GAIL India s Acquisition Of IL&FS 26% Stake In ONGC Tripura Power Company

ONGC And IL&FS had teamed up with the Government of Tripura to establish the special purpose vehicle, OTPC for optimum utilisation of gas in Tripura.

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Evergrande China s Lehman moment, reminds of IL&FS: Uday Kotak

Evergrande China s Lehman moment, reminds of IL&FS: Uday Kotak
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

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IL&FS scam: Chennai EOW arrests Ravi Parthasarathy, kingpin of Rs 1 lakh cr fraud

IL&FS scam: Chennai EOW arrests Ravi Parthasarathy, kingpin of Rs 1 lakh cr fraud
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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