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BUSINESS

L&T’s arm secures EPCC project from HPCL

Larsen & Toubro’s (L&T) wholly owned subsidiary — L&T Hydrocarbon Engineering (LTHE) has been awarded a mega project by Hindustan Petroleum Corporation (HPCL). The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a Residue Upgradation Facility (RUF), EPCC-03 Package for Visakh Refinery Modernisation Project (VRMP) at HPCL’s ... Read More »

Strides Pharma Science gets EIR from USFDA for Alathur facility

Strides Pharma Science has received Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) for its formulations facility in Alathur, India. The inspection conducted in August 2019 had concluded with Zero 483 observations. The facility has recently completed a significant capacity expansion and will support the growth momentum ... Read More »

Vodafone Idea enters into strategic alliance with Home Credit

Vodafone Idea has entered into strategic alliance with Home Credit India, an international consumer finance provider with the largest penetration in sub Rs 10,000 categories in India. The alliance will play a vital role in providing financial access to a customer base, which has not been exposed to it in ... Read More »

HDFC gains on raising up to Rs 5,000 crore via bonds

Housing Development Finance Corporation is currently trading at Rs. 2114.30, up by 18.95 points or 0.90% from its previous closing of Rs. 2095.35 on the BSE. The scrip opened at Rs. 2102.00 and has touched a high and low of Rs. 2140.85 and Rs. 2096.50 respectively. So far 458644 shares ... Read More »

PM Modi meets Nobel Laureate Abhijit Banerjee in New Delhi today

Prime Minister Narendra Modi today met Nobel Laureate Abhijit Banerjee in New Delhi. In a Tweet PM Modi said that ” Excellent meeting with Nobel Laureate Abhijit Banerjee. His passion towards human empowerment is clearly visible. We had a healthy and extensive interaction on various subjects. India is proud of ... Read More »

Thomas Cook opens new outlet ‘Gold Circle Partner’ in Bhopal

Thomas Cook (India) has strengthened its presence in Bhopal with a new franchise ‘Gold Circle Partner’ outlet at LG -18, DB Mall Bhopal. This expansion augments company’s network in Madhya Pradesh-Chhattisgarh to 10 consumer centres: 4 owned branches and 6 Gold Circle Partner (franchise) outlets. The new Gold Circle Partner ... Read More »

BHEL commissions 800 MW supercritical thermal power plant in Gujarat

Bharat Heavy Electricals (BHEL) has successfully commissioned 1X800 MW Wanakbori Unit 8 Expansion Project in Gujarat. Located in Kheda district of Gujarat, the project is owned by Gujarat State Electricity Corporation (GSECL), a state-owned power generation company. Notably, this 800 MW set is the highest rating set of GSECL. Previously, ... Read More »

M&M catches speed on extending partnership with Gulf Oil

Mahindra & Mahindra is currently trading at Rs. 597.20, up by 4.40 points or 0.74% from its previous closing of Rs. 592.80 on the BSE. The scrip opened at Rs. 595.00 and has touched a high and low of Rs. 600.00 and Rs. 587.10 respectively. So far 62887 shares were ... Read More »