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Lanco Infratech Acquisition

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Lanco set to acquire coal mine assets in Australia

Gurgaon-based infrastructure major, Lanco Infratech announced that it has agreed to acquire, for an undisclosed sum, Australia's Griffin Coal Mining and Carpenter Mine Management to fuel its......

Aussie coal mine: GVK, Lanco Infra highest bidders

Hyderabad-based GVK and Lanco Infratech are the highest bidders for the acquisition of Australia's Griffin Coal. The company owning the coal mine, valued at $1 billion, opened the bids last week......

Adani buys Lanco's Udupi power plant for Rs 6,000 cr

Adani Power has bought Hyderabad-based Lanco Infratech’s Udupi power plant at an enterprise valuation of Rs 6,000 crore (Rs 60 billion).  While Adani will take over the plant’s Rs......

Posco may start work on stalled Odisha unit soon

South Korean steel maker Posco is likely to start work on its much-delayed steel unit in Odisha within a year as the state has transfered a significant chunk of land required for the mega project......

Markets remain rangebound

Markets pared most of the day's gains as investors booked profits at higher levels ahead of the Christmas holiday tomorrow and expiry of December derivative contracts on Thursday.The 30-share......

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