Bhupendra Singh ChundawatIDBI Bank has received an approval from its board for issuance of preferential shares in favour of LIC with a view to increase the share of insurer in the bank up to 51% of post issue paid up capital of the bank. The Board of Directors of the Bank at its meeting held on October … Read more
Indiabulls Real Estate’s wholly owned subsidiary — Yashita Buildcon has taken over the possession of the prime and newly constructed commercial building at Gurugram on October 04, 2018. Indiabulls Real Estate is India’s third largest real estate company, with its focus on construction and development of residential, commercial and SEZ projects across major Indian metros. … Read more
Williamson Magor & Company has raised Rs 100 crore on Private Placement Basis. The Committee of Allotment of Debenture of the Board of Directors of the company approved allotment of 1000 Secured Redeemable Non-Convertible Debenture (NCD) of face value of Rs 10 lakh each aggregating to Rs 100 crore on Private Placement Basis. Williamson Magor … Read more
Bhushan Steel has reported production of 1.05 MT in Q2 FY19 as against 0.85 MT in Q2 FY18. The sales was at 1.14 MT in Q2 FY19 as compared to 1.03 MT in Q2 FY18. The company has reported production of 2.09 MT in H1 FY19 as against 1.84 MT in H1 FY18. The company … Read more
VXL Instruments has sold its Property situated in Electronic City, West Phase, Konappana Agrahara Grama Panchayat, Bengaluru South Taluk in Bengaluru to Methode Electronics India. The land & building which the company has sold was developed for a different product era which was being manufactured by the company. These products required substantially more manpower & … Read more
Mercator has emerged as the lowest bidder in its bid for reclamation works of South-West cove at Jawahar Dweep vide tender floated by Mumbai Port Trust. The contract value of this job is around Rs 24.50 crore which is expected to be completed over the next 18 months. The company’s dredging division has so far … Read more
Dilip Buildcon has received Letter of Acceptance (LoA) for a new EPC project ‘Navnera Barrage (Dam) under Phase – I/(A)’, valued at Rs 601.02 crore by the Water Resource Department, Kota in the state of Rajasthan. The project is for survey, planning, design, construction of Navnera Barrage including Hydro Mechanical works across River Kalisindh, near … Read more
