Power Mech Projects bags orders worth Rs 530 crore

Power Mech Projects has received Letter of Intent/Work Orders worth Rs 530 crore. The company has bagged maiden contract in Railway Electrification Segment for Design, Supply, Testing and Commissioning of 25 KV, 50 HZ, Single phase, AC Electrification including OHE, TSS, Civil and Signal & Telecom (S&T) as Composite Electrification Work in Rewari-Sadulpur-Hanumangarh, Sadulpur-Ratangarh-Bikaner-Lalgarh incl. … Read more

Indiabulls Housing Finance raises Rs 350 crore via NCDs

Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National … Read more

Jet Airways receives Rs 258 crore from Jet Privilege

Jet Airways has received around Rs 258 crore from Jet Privilege, its customer loyalty programme, for advance ticket sale. Jet Privilege concluded a prepaid ticket purchase agreement for $35 million with Jet Airways, under normal course of business. The customer loyalty programme regularly purchases these tickets to offer its members against redemption of miles hence … Read more

Williamson Magor & Company raises Rs 100 crore on private placement basis

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

Dilip Buildcon receives LoA for EPC project worth Rs 601.02 crore

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

WS Industries planning to avail additional financing facility up to Rs 15 crore

WS Industries (India) is planning to avail additional financing facility in a phased manner not exceeding Rs 15 crore to part-finance the company requirements. The company is also planning for creation of mortgage on land belonging to the company admeasuring approximately 16.40 acres situated at Porur Village, Maduravoyal Taluk, Thiruvallur District to secure the aforesaid … Read more

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