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NEW DELHI: An expert appraisal committee of the Union environment ministry has granted clearance to the 2,220MW Oju hydroelectric project located in a strategically important region in Arunachal Pradesh’s Upper Subansiri district bordering China. One of the largest run-of-river hydro projects in India, it will cost around Rs 25,000 crore and is likely to take…
MUMBAI: Sebi will engage with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday.He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts….
Fair trade regulator Competition Commission of India (CCI) has approved Sajjan Jindal-led JSW Paints’ plan to acquire a majority stake in Akzo Nobel’s India business in a Rs 12,915 crore transaction.JSW Paints had in June announced it would purchase a 74.76% stake in Akzo Nobel India for Rs 8,986 crore, followed by an open offer…
