In December, an arbitration body awarded the British firm damages of $1.2 billion plus interest and costs, after ruling India had breached its obligations to Cairn under the U.K.-India Bilateral Investment Treaty
The apex court on November 15, 2019 had held former Ranbaxy promoters guilty of contempt of court for violating its order asking them not to divest their shares in FHL.
The allotment of equity shares will be on February 23, and such equity shares shall be listed on the bourses on February 26
L&T did not provide the value of the contracts but said the orders fall under the 'significant' category, which ranges between Rs 1,000 crore and Rs 2,500 crore
Apple, which has steadily raised production of iPhones in India to lessen its dependence on Chinese manufacturing, took part in that scheme via its contract manufacturers.
"RBI has approved the DHFL resolution plan from Piramal Capital and Housing Finance, submitted by the committee of creditors," the Piramal Group said in a statement.
With Amazon facing increasing scrutiny by regulators, news of the strategy detailed in the documents could deepen the risks for the company in one of its key growth markets.
Cairn asked the US court to recognise and confirm the award, including payments due since 2014 and interest compounded semi-annually, according to a February 12 filing
The move marks Amazon's first foray into making its devices in India, which is working to boost local electronics manufacturing.
The regulator had said Mr Biyani and his brother Anil had traded in shares of their Future Retail firm through a group company on the basis of unpublished price-sensitive information.
Agora has soared more than 150% since mid-January when online chatter began to circulate about how it powers the world's hottest new social media forum
The 45-year-old Aditya Mittal is currently the chief financial officer of the company and also heads the companys European business
The new CEO is the son of the founder of the steelmaking giant, Lakshmi Mittal, 70, who takes on the role of executive chairman
TCS AWS business unit is a full-stack, multidisciplinary group that offers enterprise customers end-to-end services and solutions around cloud migration, application and data modernization