LiveBoI recovers Rs.7,000 crore worth NPA’s
Bank of India (BoI), has recovered non performing assets (NPA) worth Rs.7,000 crore, which the bank had given against Standby Letters of Credit (SLOCs). As...
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Sandhar Technologies to raise Rs.300 crore via IPO
Sandhar Technologies will issue equity shares to raise Rs.300 crore via IPO. The offer for sale will be for fresh sale of 64 lakh shares...
L&T’s JV with NPCIL bags Rs.442 crore order
Larsen & Toubro’s joint venture with Nuclear Power Corporation of India Ltd (NPCIL), has received Rs.442 crore order. In a BSE filing the company stated, “L&T...
Airtel receives NCLT approval for scheme of amalgamation
NCLT has given approval to the scheme of amalgamation between Telenor and Airtel. The company in a release said, “National Company Law Tribunal (NCLT) has sanctioned...
Eicher Motors shuts down JV with US-based Polaris
The board of Eicher Polaris Pvt Ltd (EPPL), has passed a resolution to close operations of the JV firm with immediate effect. EEPL, which is...
Suzlon wins 75 MW order via MSEDCL bid
Suzlon has received an order for development of 75 megawatt (MW) wind power project, from an independent power producer via Maharashtra State Electricity Distribution Company...
L&T construction arm receives order worth Rs.2,597 crore
Larsen & Toubro’s (L&T) construction arm has bagged orders worth Rs.2,597 crore, across business segments. In a BSE filing the company stated that, its transportation...
MOIL to set up ferro alloy plants at Balaghat, Gumgaon mine
MOIL’s board has approved investment proposal, for setting up ferro alloy plants. The company’s board in their meeting held on March 08, approved investment proposals for...
SpiceJet signs deal worth USD 12.5 billion with Safran Group
SpiceJet has signed the largest engines deal worth USD 12.5 billion dollars, with French company Safran Group. for CFM aircraft engines for the airline’s bulk...
ARSS Infrastructure bags work order worth Rs.15.44 crore
ARSS Infrastructure Projects has received work order worth Rs.15.44 crore. The company’s JV ARSS-KIPPL has received work order worth Rs.15.44 crore, for supply of ballast...