Free Press Journal
  • Hinduja Power takes over Kiran Energy for Rs 1K cr

    Mumbai : Hinduja National Power Corp, a part of the Hinduja Group, has acquired Kiran Energy Solar Power for around Rs 1,000 crore, two sources close to the development have said.

  • ONGC arm drags Sudan to arbitration to recover dues

    New Delhi : ONGC Videsh (OVL), India’s flagship overseas oil investment firm, has dragged Sudan to an international arbitration court to recover over $400 million in unpaid oil dues pending since 2011.

  • Federal Bank to sell 26% stake in subsidiary to True North

    Mumbai : The board of Federal Bank has approved a 26 per cent strategic investment by private equity player True North in its wholly owned subsidiary, FedBank Financial Services (FedFina) subject to statutory and regulatory approvals.