Adani power secures LoI for Korba West Power Company

Mumbai : Adani power has been awarded the Letter of Intent (LoI) for Korba West Power Company (KWPCL). The Committee of Creditors of KWPCL, a company undergoing insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 has approved the Resolution Plan submitted by the company. The National Company Law Tribunal, Ahmedabad has issued a … Read more

IndiGo launches six new flights including four UDAN routes

Mumbai : InterGlobe Aviation (IndiGo) has launched six new connections including operations on four RCS routes, effective June 22, 2019. The routes under the Regional Connectivity Scheme include Kolkata-Allahabad, Allahabad-Kolkata, Raipur-Allahabad, Allahabad-Raipur. IndiGo continues to strengthen its domestic connectivity with new flights between Kolkata, Allahabad, Raipur and Jabalpur, while developing regional hubs at Allahabad and … Read more

Ashok Leyland aims to set up more assembly plants in CIS countries, Africa

Mumbai : Ashok Leyland is aiming to set up more assembly plants overseas, including the CIS region and African countries, as part of plans to scale up its global operations. The company is banking on its new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs) to help it enter new … Read more

Stovec Industries to acquire service, spare parts business from SPGPrints BV

Stovec Industries

Mumbai : Stovec Industries has received approval for the acquisition of Service and Spare Parts Business relating to Rotary Printing Equipment, which includes Designs and Drawings, Customer and Supplier Database and other related assets, each of which forms an integral part of the Service and Spare Parts Business (Service and Spare Parts Business) from SPGPrints … Read more

Future Consumer surges on planning to raise upto Rs 350 crore via equity linked instruments

Future Consumer

Mumbai : Future Consumer is currently trading at Rs. 45.65, up by 1.25 points or 2.82% from its previous closing of Rs. 44.40 on the BSE. The scrip opened at Rs. 45.45 and has touched a high and low of Rs. 46.10 and Rs. 45.45 respectively. So far 38222 shares were traded on the counter. … Read more

Lumax Industries rises on acquiring assets, unsold inventory worth Rs 46 crore

Mumbai : Lumax Industries is currently trading at Rs. 1826.90, up by 24.10 points or 1.34% from its previous closing of Rs. 1802.80 on the BSE. The scrip opened at Rs. 1826.90 and has touched a high and low of Rs. 1826.90 and Rs. 1826.90 respectively. The BSE group ‘B’ stock of face value Rs. … Read more

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