france

 

Britain able to have bespoke deal with EU: Emmanuel Macron

Jan 20 2018

French President Emmanuel Macron said Britain would be able to have a bespoke deal with the European Union after Brexit, one of Prime Minister Theresa May’s objectives.

Macron, Merkel show unity to push eurozone reforms

Jan 20 2018

French President Emmanuel Macron and visiting German Chancellor Angela Merkel showed their unity on eurozone reforms.

Indian-origin steel tycoon to bid for French assets

Jan 20 2018

Indian-origin steel tycoon Sanjeev Gupta's Liberty House Group is set to make an "unconditional and comprehensive offer" for the assets of two flagship French steel biz.

Merkel and Macron look to turn warm ties into reform goals

Jan 19 2018

Merkel and Macron will spend more than five hours together in Paris, putting on a show of Franco-German unity as they try to agree on reforms to the euro zone.

Let's build a bridge to Europe after we Brexit, Johnson suggests

Jan 19 2018

Britain’s most prominent campaigner for leaving the EU, Boris Johnson, has suggested building a giant bridge across the English Channel to France after Brexit.

May says honoured by French loan of Bayeux Tapestry

Jan 19 2018

May said she was honoured that France will lend Britain the Bayeux Tapestry, an 11th century treasure that tells the story of William the Conqueror’s invasion of England

HRW says Trump is disaster for human rights, fuels authoritarians

Jan 18 2018

Trump’s record on human rights in his first year in office has been a “disaster” and has encouraged oppression by authoritarian leader from China to Russia, the HRW said.

Airline group IATA in talks with Angola over blocked $500 million

Jan 18 2018

Angola is withholding more than $500 million (£360.64 million) in revenue generated by international airlines in the country, airline lobby IATA said.

With eye on Brexit talks, May to deepen security ties with France

Jan 18 2018

Britain and France will agree to deepen security cooperation, a move which Prime Minister Theresa May hopes will win her goodwill in talks on leaving the European Union.

May agrees to extra 44.5 mn for Calais before Macron summit

Jan 18 2018

Britain said it would pay an extra 44.5 million to boost security around Calais following a demand for more money from President Emmanuel Macron ahead of a key summit.

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Stocks In News

 

WELSPUN ENTERPRISES

Completes acquisition of 49% stake in the projects from MBL Group

Total consideration of Rs 2,300 Cr 

Projects involve 4-laning of sections of NH-72A & NH-73

TATA STEEL

Sets Rights Ratio Of 4 Fully Paid Shares For 25 Held

To issue up to 15.5 cr fully paid-up shares for up to Rs 8,000 cr

Sets Rights Issue Price At Rs 510/Fully Paid Share

To issue up to 7.8 cr partly paid-up shares for up to Rs 4,800 cr

Sets Rights Issue Price At Rs 615/Partly Paid Share

TECHNOFAB ENGG

Gets 2 new orders worth Rs 205 Cr from Public Utilities Corp, Seychelles

Projects in waste water sector

Projects funded by European Investment Bank

Cos order backlog increases to Rs 2,200 cr, which is an all-time high

J KUMAR INFRAPROJECTS

Gets LOA for 2 projects from Delhi Metro Rail Corp

Work includes finishing works of 8 stations of Mumbai Metro Rail Project

Cost of Contracts stands at nearly Rs 57 cr

FUTURE RETAIL

To acquire entire equity share capital of arm Travel News Services

Deal amounts to Rs 85 cr, with additional consideration of Rs 15 cr

Post acquisition, TNSI Retail to become step-down arm of co

TNSI JV Welcome Retail Private Limited to become step-down arm

Deal likely to be completed in 12-16 weeks

Note: Travel News Services (TNSI)

Effect of acquisition

Consolidation of retail business of FRL

To help FRL expand its presence at Airports, Metro Stations, Universities

Will have access to retail brand WH Smith", license for which is held by co

Note: Future Retail (FRL)

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