Business Highlights: Top Indian Business News - April 17

New Delhi, Apr 17 (PTI) Following are the top business stories at 1215 hours:


DCM26 BIZ-ADANI-AMBUJA CEMENT

Adani infuses Rs 8,339 cr more in Ambuja Cements, raises stake to 70.3 pc

New Delhi: Billionaire Gautam Adani's family infused an additional Rs 8,339 crore in Ambuja Cements, raising its stake in the company to 70.3 per cent, to help the cement maker's manufacturing capacity.


DEL30 BIZ-SHIPPING-MINISTRY-ADVISORY

Govt asks shipping companies to enhance reporting, tracking mechanism on West Asian routes

New Delhi: The government has issued advisories to ship companies to enhance reporting, tracking and security protocols for vessels on West Asian routes and coming into Indian waters.



DCM35 BIZ-VODAFONE IDEA-CEO

Voda Idea CEO hopes to arrest telco's subscriber loss with FPO, fundraise

New Delhi: Buoyed by investors like GQG lapping up shares reserved for anchor investors, Vodafone Idea CEO Akshaya Moondra on Wednesday expressed confidence that the FPO will sail through, providing the loss-making telco funds for network expansion that he hoped will help arrest the loss of subscribers.



DEL22 BIZ-OIL-IMPORT-BILL

India's crude oil import bill drops 16 pc but import dependency hits new high

New Delhi: India's crude oil import dropped 16 per cent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official data showed.


DEL7 BIZ-LD VIL-ANCHOR BOOK ALLOCATION

Ahead of FPO, Vodafone Idea garners Rs 5,400 cr from anchor investors

New Delhi: Just ahead of its mega FPO opening to public investors, Vodafone Idea (VIL) has announced closure of its anchor book allocation, raising about Rs 5,400 crore from marquee global as well as domestic investors, according to a statutory filing by the telco.


DCM29 BIZ-ZEEL-RESTRUCTURE

ZEEL announces streamlined structure, Punit Goenka assuming direct charge of critical verticals

New Delhi: ZEE Entertainment Enterprises Ltd on Wednesday announced a streamlined organisational structure with its MD and CEO Punit Goenka assuming direct charge of critical verticals, including domestic broadcast business.