Welspun

Sensex ends flat; heavyweights RIL, DLF extend gains

Sensex closed at 19642.75, up 0.04 percent and the Nifty closed at 5943.05, up 0.06 percent.

Welspun sells 40% stake in JV with Leighton for $99 million

The company has entered into a pact with Leighton Group to sell the stake its subsidiary Welspun Infra Projects Pvt Ltd (WIPPL) had in Leighton Welspun Contractors India Pvt Ltd (LWIN), WCL said in a statement today.

L&T plan to surrender SEZ; 16 cos seek more time for projects

Reflecting lack of enthusiasm for special economic zones, 16 developers including Cognizant Technology Solutions and Parsvnath SEZ have sought more time from the government for implementing their projects.

After 2-yr fall, Welspun surprises mkt with a 6% gain

Sebi has dropped charges against 30 of the 69 entities alleged to have been involved in the price rigging of Welspun group firms.

RIL, banks pull Sensex 1% lower, Nifty ends below 5300

Now that all three triggers of March- the UP Elections, RBI's monetary policy review and Budget 2012- are over, the markets opened flat but soon drifted in the red.

Welpsun Energy to raise $150 mn via stake sale

Business Conglomerate Welspun Corp is in talks with renewable energy funds to sell a small stake in Welspun Energy and raise $150 million to $200 million for investments in wind energy farms.

Apollo lining up $500 mn for Welspun Group

PEs are arriving in India in hordes. They looking at every possible opportunity to invest big time here. Improved valuations are keeping their interest alive.