September 29, 2023
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L&T Construction bags mega order from MMRDA L&T construction on Friday said that its Heavy Civil Infrastructure business vertical has bagged a mega order worth above Rs 7000 crore from Mumbai Metropolitan Region Development Authority (MMRDA), for the design and construction of an Underground Road tunnel Project between Orange gate, Eastern Free Way to Marine […]
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Vedanta announces demerger to split business into six listed entities Billionaire Anil Agarwal-owned Vedanta Limited on September 29 announced creation of independent verticals through demerger of underlying companies, mainly its metals, power, aluminium, and oil and gas businesses to unlock potential value. “We wish to inform you that the Board of Directors of the Company […]
Read more..India likely to ban sugar exports in new season beginning October Synopsis: In current sugar season 2022-23, about 45 LMT of excess sugar is being diverted to ethanol. By 2025, it is targeted to divert more than 60 LMT of excess sugar to ethanol. The Centre is likely to ban export of sugar in the […]
Read more..JPMorgan to add India to its emerging-markets bond index JPMorgan Chase & Co. will add Indian government bonds to its benchmark emerging-market index, a keenly awaited event that could drive billions of foreign inflows to the nation’s debt market. The index provider will add the securities to the JPMorgan Government Bond Index-Emerging Markets starting June […]
Read more..HDFC AMC gets RBI nod to buy up to 9.5% stake in Karur Vysya Bank Karur Vysya Bank Ltd, which has seasoned investors such as Ashish Dhawan, Mukul Agrawal and the Jhunjhunwala family as investors, is in focus on Thursday morning after the Reserve Bank of India (RBI) gave its approval to HDFC Asset Management […]
Read more..Nirma buys Glenmark Life Science Glenmark Pharma to sell 75% stake in Glenmark Life Sciences Glenmark Pharmaceuticals (GPL) on September 21 said that it will sell 75 percent stake in Glenmark Life Sciences to Nirma for a sum of Rs 5,651 crore. The share sale has been priced at Rs 615 a piece. GPL currently […]
Read more..Reliance joins hands with Jagran Reliance Entertainment, a leading player in the Indian Entertainment industry, and Mid-Day Infomedia Limited (100 per cent owned subsidiary of Jagran Prakashan Limited, a leading media conglomerate in the business of print, radio, outdoor, and digital with iconic brands like Dainik Jagran, Radio City, Mid-Day, Dainik Jagran-inext, Nai Dunia, etc.) […]
Read more..WABAG enters into strategic alliance with Al Jomaih Energy and Water Va Tech WABAG Ltd (WABAG), a leading player in the water technology space, has entered into an agreement with Al Jomaih Energy and Water (AEW), a leading developer of energy and water projects in the Middle East, to address the growing demand for sustainable […]
Read more..Capacite Infra bags large order from Raymond Capacite Infraprojects Limited on Monday announced that it has received an order from realty division of Raymond Limited, for a total contract value of Rs 281 crore. “Capacite lnfraprojects Limited has received repeat order from Raymond Limited for total contract value of Rs 281 crore for project – […]
Read more..Radico Khaitan commissions its 350 KLPD greenfield grain distillery Radico Khaitan Limited, a leading IMFL company in India, on Monday announced the commissioning of its 350 KLPD greenfield grain distillery along with a captive power plant of 15 MW at Sitapur, Uttar Pradesh. Spread over 107 acres, the Sitapur greenfield project will not only add […]
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