The projects are being developed by Welspun as part of the memorandum of understanding with the Tamil Nadu government to invest around Rs 2500 crores in the state
The Competition Commission of India (CCI) on Monday said that it has approved the acquisition of Welspun Corp's 'Plates & Coiled Mill Division' by Laptev Finance Pvt Ltd.
Clearances, both environmental and land, may be a challenge
The stock was up 3% at Rs 82.35 on the BSE in intra-day trade, extending its Wednesday's 6% surge