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Cupid bags order worth Rs 16.06 crore

Cupid has won the tender for supply of Male Condoms worth around Rs 16.06 crore to Medical Stores Department, Government of Tanzania. It is the first time the company will supply to Government of Tanzania. Cupid manufactures and markets varieties of male and female condoms, water based lubricant, latex dental ... Read More »

Dredging Corporation reports net loss of Rs 79 crore in Q2

Dredging Corporation of India has reported results for second quarter ended September 30, 2018. The company has reported a net loss of Rs 79.16 crore for the quarter under review against net profit of Rs 18.59 crore for the same quarter in the previous year. Total income of the company ... Read More »

Ratnamani Metals bags order worth Rs 165 crore

Ratnamani Metals & Tubes has received a new domestic order valued at approximately Rs 165 crore for supply of CS Pipes for Oil & Gas Sector to be completed between February, 2019 and October, 2019. Ratnamani Metals & Tubes is a multi-location, multi-product company, in India, manufacturing Tubes & Pipes ... Read More »

Wockhardt gets nod to raise Rs 1,800 crore on private placement

Wockhardt has received approval for raising of funds through issuance of Non-Convertible Debentures (NCDs)/ Bonds (secured/ unsecured) on private placement basis up to an aggregate amount not exceeding Rs 1,800 crore. The Board of Directors of the company at its meeting held on November 10, 2018 has approved the same. ... Read More »

Reliance Industries raises Rs 3,000 crore via debentures

Reliance Industries (RIL) has raised Rs 3,000 crore through a privately placed debenture issue. The unsecured, non-convertible redeemable debentures offered 8.95 percent return with a 10-year maturity. The notes shall be redeemed at par at the end of 10 years from the date of allotment — November 9, 2028. RIL ... Read More »

Indian Bank raises Rs 110 crore via bonds

Indian Bank has successfully raised further Rs 110 crore under Basel III Compliant Tier 2 Bonds on November 06, 2018, with a coupon rate of 8.85% p.a., tenor at 10 years and call option after completion of 5 years, on private placement basis. The rating agency, CRISIL assigned ‘AAA/Stable’ rating ... Read More »

RPP Infra Projects bags order worth Rs 52.7 crore

RPP Infra Projects has bagged order from Government of Jharkhand (Drinking Water & Sanitation Department) for worth of Rs 52.7 crore. RPP Infra Projects is one of the India’s leading and fast growing Non Metro/Rural based company located at Tamil Nadu and engaged in the business of infrastructure development such ... Read More »

Govt to infuse Rs 3054 crore in Allahabad Bank

Allahabad Bank has received a communication from the Government of India, Ministry of Finance, Department of Financial Services regarding fresh capital infusion of Rs 3054 crore towards contribution of the Central Government in the preferential allotment of equity shares (Special Securities/Bonds) of the Bank during the financial year 2018-19, as ... Read More »

Maruti Infrastructure bags order worth Rs 45.68 crore

Maruti Infrastructure has been awarded the tender for construction of 973 EWS Residential including internal infrastructure & development work as approved by Standing Committee, Ahmedabad Municipal Corporation, Ahmedabad, Gujarat. The tender project cost is Rs 45.68 crore. Maruti Infrastructure is presently engaged in the business of construction and estate development ... Read More »

Tijaria Polypipes bags orders worth Rs 44 crore

Tijaria Polypipes has been awarded orders amounting to Rs 44 crore for supply of MDPE, HDPE PIPES & HDPE DUCT from L&T. The same has to be executed within the next 2 to 4 months. The company takes great pride in associating with one of the top most branded infrastructure ... Read More »