Welspun Enterprises

Even as protests have broken out across the country against the Governments Agnipath scheme, which aims to hire young soldiers to be called Agniveers, on a short term basis in all three defence forces, corporates have come forward to offer employment to these recruits once they are relieved from their respective forces.

Infrastructure firm Welspun Enterprises on Thursday said it has executed definitive agreements with Actis Highway Infra to sell its portfolio of operating highway projects for an aggregate enterprise value (EV) of approximately Rs 6,000 crore.

Welspun Enterprises Ltd (WEL) is looking to divest its entire 15.49 per cent stake in Welspun Energy.

At 2:38 p.m., shares in Welspun Enterprises were trading 8.73 per cent higher at Rs 64.75 apiece on the BSE, whose benchmark Sensex index was down 0.20 per cent.

Welspun Renewable Energy has around 1,140 mega watt of renewable projects comprising about 990 MW solar power projects and about 150 MW of wind power projects.

Tata Power on Monday said it will buy Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL), at an enterprise value of Rs 9,249 crore.

Welspun Enterprises Ltd on Wednesday said it has divested a 37 per cent stake in its joint venture Dewas Bhopal Corridor Pvt Ltd for Rs 662 crore to India Infrastructure Fund.

ARSS Infrastructure Projects rallied nearly 5 per cent to hit intraday high of Rs 33.80 after the company informed stock exchanges that it has settled dispute with Welspun Enterprises.

Shareholders of Welspun Enterprises will get 12 shares of Welspun Projects for every share in Welspun Enterprises.

The Securities and Exchange Board of India (Sebi) has opined that a proposed transfer of Welspun Enterprises shares, from two entities - Krishiraj Trading Ltd and Welspun Mercantile - to Welspun Fintrade Private Ltd (WFTL) is not exempt from making an open offer for public investors.

The Nifty opened higher on Monday tracking futures trade on Singapore Stock Exchange. Sentiment is likely to be positive today as foreign investors have increased their intensity of buying Indian equities. Foreign investors have bought shares worth Rs 1,755 crore in cash market on Friday. However domestic investors were net sellers to the tune of R...

Welspun Enterprises (WEPL), part of the $3-billion Welspun Group, on Friday said it has completed the sale of Welspun Maxsteel (WMSL) to JSW Steel (JSW) in follow-up to the definitive agreement between the two companies on August 18.

JSW Steel's proposed deal worth over Rs 1,000 crore to acquire sponge iron maker Welspun Maxsteel has received approval from the Competition Commissionof India (CCI).

The Nifty opened above 7,900 mark on Tuesday tracking positive global market. Foreign investors bought Indian shares worth Rs 473 crore whereas domestic investors bought shares worth Rs 490 crore on Monday. Brent crude which fell to a low of $101.1 per barrel on Monday is likely to trigger further buying in oil marketing companies today.

JSW Steel on Monday said it has entered into an agreement to acquire sponge iron maker Welspun Maxsteel Ltd in a deal worth over Rs 1,000 crore.

Even as protests have broken out across the country against the Governments Agnipath scheme, which aims to hire young soldiers to be called Agniveers, on a short term basis in all three defence forces, corporates have come forward to offer employment to these recruits once they are relieved from their respective forces.

Infrastructure firm Welspun Enterprises on Thursday said it has executed definitive agreements with Actis Highway Infra to sell its portfolio of operating highway projects for an aggregate enterprise value (EV) of approximately Rs 6,000 crore.

Welspun Enterprises Ltd (WEL) is looking to divest its entire 15.49 per cent stake in Welspun Energy.

At 2:38 p.m., shares in Welspun Enterprises were trading 8.73 per cent higher at Rs 64.75 apiece on the BSE, whose benchmark Sensex index was down 0.20 per cent.

Welspun Renewable Energy has around 1,140 mega watt of renewable projects comprising about 990 MW solar power projects and about 150 MW of wind power projects.

Tata Power on Monday said it will buy Welspun Energy's subsidiary, Welspun Renewable Energy Pvt Ltd (WREPL), at an enterprise value of Rs 9,249 crore.

Welspun Enterprises Ltd on Wednesday said it has divested a 37 per cent stake in its joint venture Dewas Bhopal Corridor Pvt Ltd for Rs 662 crore to India Infrastructure Fund.

ARSS Infrastructure Projects rallied nearly 5 per cent to hit intraday high of Rs 33.80 after the company informed stock exchanges that it has settled dispute with Welspun Enterprises.

Shareholders of Welspun Enterprises will get 12 shares of Welspun Projects for every share in Welspun Enterprises.

The Securities and Exchange Board of India (Sebi) has opined that a proposed transfer of Welspun Enterprises shares, from two entities - Krishiraj Trading Ltd and Welspun Mercantile - to Welspun Fintrade Private Ltd (WFTL) is not exempt from making an open offer for public investors.

The Nifty opened higher on Monday tracking futures trade on Singapore Stock Exchange. Sentiment is likely to be positive today as foreign investors have increased their intensity of buying Indian equities. Foreign investors have bought shares worth Rs 1,755 crore in cash market on Friday. However domestic investors were net sellers to the tune of R...

Welspun Enterprises (WEPL), part of the $3-billion Welspun Group, on Friday said it has completed the sale of Welspun Maxsteel (WMSL) to JSW Steel (JSW) in follow-up to the definitive agreement between the two companies on August 18.

JSW Steel's proposed deal worth over Rs 1,000 crore to acquire sponge iron maker Welspun Maxsteel has received approval from the Competition Commissionof India (CCI).

The Nifty opened above 7,900 mark on Tuesday tracking positive global market. Foreign investors bought Indian shares worth Rs 473 crore whereas domestic investors bought shares worth Rs 490 crore on Monday. Brent crude which fell to a low of $101.1 per barrel on Monday is likely to trigger further buying in oil marketing companies today.

JSW Steel on Monday said it has entered into an agreement to acquire sponge iron maker Welspun Maxsteel Ltd in a deal worth over Rs 1,000 crore.