Last Updated: Tuesday, December 10, 2013, 14:13
Lanco Industries on Tuesday said brokerage firm Dalmia Securities has increased stake in the company to 6.87 percent through open market purchase.
Last Updated: Sunday, November 24, 2013, 13:44
India's major 10 infrastructure companies have together paid out more than USD 1 billion towards finance and interest costs during the first half of fiscal, resulting in huge dents in margins in some cases.
Last Updated: Tuesday, November 12, 2013, 18:49
The company had reported a net loss of Rs 136 crore in the same quarter of last financial year.
Last Updated: Monday, September 23, 2013, 18:17
Amid delays by some firms in inking of fuel supply agreements (FSAs) with Coal India, an inter-ministerial panel has allowed Lanco to enter into the pact, condoning delays in achieving milestone for its 660 MW Babandh power project in Odisha.
Last Updated: Tuesday, September 03, 2013, 18:41
The Group has cut down its workforce to 4,000 by the end of March this year and around 400 employees so far in the current fiscal. The Group currently has 4,100 to 4,200 employees, sources said.
Last Updated: Thursday, August 29, 2013, 17:24
The inter-ministerial group on coal blocks has recommended issuing show cause notices to allocatee of mines including the one jointly given to ArcelorMittal, Sterlite Energy, Lanco and Reliance Energy, which are named in FIR registered by CBI.
Last Updated: Thursday, August 08, 2013, 13:59
Lanco Infratech on Thursday reported a widened net loss at Rs 579 crore for the quarter ended June 2013, mainly on account of forex losses and power business decline.
Last Updated: Wednesday, July 31, 2013, 16:27
"The company received Letter of Acceptance to this effect from SAIL," it added.
Last Updated: Saturday, July 27, 2013, 17:26
Faced with adverse business conditions, Lanco Infratech is restructuring debt worth Rs 7,500 crore, a company official said on Saturday.
Last Updated: Wednesday, July 17, 2013, 15:25
Griffin Coal proposes to develop coal storage and loading facilities at the Bunbury Port Inner Harbour. The berth would support the export of coal from Collie Basin, where the mines are located.
Last Updated: Thursday, July 04, 2013, 18:53
The Australian Taxation Office (ATO) has filed the petition against Griffin Coal in the wake of non-payment of tax arrears of about AUD 13.9 million, according to a document filed in an Australian court.
Last Updated: Sunday, June 02, 2013, 18:07
The diversified group, which has already started shedding non-core assets, recently mopped up around Rs 42 crore by selling some wind energy assets in Tamil Nadu.
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