Shares of Sical Logistics jumped 5 per cent after the company received a letter of acceptance from South Eastern Coalfields (SECL) for a project worth ₹4,038
The buying on the counter came after the Southern Railway, Chennai division, under Indian Railways, approved the commissioning of the Gati Shakti Cargo Terminal
The price of the assets and businesses would be based on valuation and the company might look either at strategic sale or slump sale, whichever worked better for it and its shareholders
In September, CDEL decided to sell the Global Village Tech Park to private equity major Blackstone and realty firm Salarpuria Sattva Group for Rs 2,700 crore
The company has reported a pre-tax loss of Rs 43.19 crore for the quarter ended September 30, 2019, compared with a Rs 7.77-crore profit before tax during the same quarter last year
The Coffee Day Group company, which runs port terminals and container freight stations, took the decision to deleverage at its board meeting held on August 2
After its founder VG Siddhartha's death in July, promoters of the coffee chain have been exploring possibilities of inducting an investor in the debt-laden company.
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The board of directors of the company will be meet on September 7, 2018, to consider raising funds through issue of equity shares on a preferential basis.
