Tata Power receives approval to issue NCDs worth Rs 5,500 crore

Tata Power Company has received approval for issuance in one or more tranches, of noncumulative, redeemable, taxable, listed, rated securities in the form of Non-Convertible Debentures (NCDs) upto an aggregate amount not exceeding Rs 5,500 crore on private placement basis to any persons, entities, bodies corporate, companies, banks, financial institutions and any other categories of … Read more

Goa Carbon resumes operations at Bilaspur Unit

Goa Carbon has resumed operations at its Bilaspur Unit located at 34-40, Sector B, Sirgitti Industrial Area, Bilaspur (Chhattisgarh). After preliminary heat up, feeding of raw material will commence and normal production will resume shortly. Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a … Read more

HSIL signs distribution agreement with Formenti E Giovenzana

HSIL has signed Distribution agreement with Formenti E Giovenzana of Italy, giving exclusive distribution rights to the company for the territory of India and other territories as may be mutually agreed, for distribution of Kitchen and Furniture functional hardware fitting products such as hinges, slides, drawers, sliding doors, alternative openings and wall hanging brackets manufactured … Read more

Cosmo Films launches metalized velvet lamination film

Cosmo Films has launched a metalized velvet lamination film for luxury packaging segment. The newly developed film has been engineered to offer intense silver colour along with rich velvet touch to the laminated paper/paperboard or package. The company has introduced the metalized velvet touch film which is glueable, stampable and printable. The matte silver coloured … Read more

Tech Mahindra, Rakuten to setup 5G, 4G network labs in Bengaluru, Tokyo

Tech Mahindra and Rakuten Mobile Network, a Japanese telecom firm, have entered into an agreement to set up 5G and 4G network labs in Tokyo and Bengaluru. Rakuten is close to launching fourth mobile network in Japan after NTT Docomo, KDDI and Softbank Group with investment of over $5 billion. Tech Mahindra will also provide … Read more

Capacite Infraprojects bags order worth Rs 705 crore from Oberoi Realty

Capacite Infraprojects has received contract worth Rs 705 crore (excluding GST), from Oberoi Realty, for construction of Oberoi Garden City- Phase 3 comprising of five towers of sixty six floors each located at Goregaon East, Mumbai in the state of Maharashtra. Capacite Infraprojects is a fast growing construction company focussed on Residential, Commercial and Institutional … Read more

Sunteck Realty issues commercial paper worth Rs 25 crore

Sunteck Realty has issued Commercial Paper of Rs 25 crore. The tenure for the instrument is 116 days. The date of allotment is October 29, 2018 and will mature on February 22, 2019. Sunteck Realty is a Mumbai-based real estate development company, catering to the premium ultra-luxury and luxury residential segment. Bhupendra Singh ChundawatBhupendra Singh … Read more

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