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Tag Archives: crore

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 »

DHFL repays commercial paper worth Rs 1,775 crore

Dewan Housing Finance Corporation (DHFL) has repaid commercial paper (CP) worth Rs 1,775 crore. Since September 21, 2018, the company has repaid commercial paper holders Rs 9,465 crore including buyback worth Rs 3,240 crore. Besides, the company has either repaid or offered to buy back all commercial papers, including Rs ... Read More »

Tera Software bags work order worth of Rs 74.84 crore

Tera Software has bagged a work order worth of Rs 74.84 crore as a part of Smart City Mission (one of the Government’s bold and new initiative to promote cities with core infrastructure and to give a decent quality of life to its citizens, a clean and sustainable environment and ... Read More »

Ahluwalia Contracts bags new orders of Rs 528.44 crore

Ahluwalia Contracts (India) has secured new orders approximately Rs 528.44 crore for Construction of Institutional & Hospital Building. New orders worth of Rs 383.45 crore is for Construction of Government Dental College & Hospital at Rahui, District Nalanda (Bihar) & worth Rs 144.99 crore is for Construction of Cultural Centre ... Read More »

Andhra Bank’s net loss widens to Rs 434 crore in Q2

Andhra Bank has reported results for second quarter ended September 30, 2018. The Bank has reported net loss of Rs 434.10 crore for the quarter under review as compared to net loss of Rs 385.11 crore for the same quarter in the previous year. However, total income of the Bank ... Read More »

Ramkrishna Forgings gets nod for capex plan of Rs 483.55 crore

Ramkrishna Forgings has received an approval for capital expenditure plan of Rs 483.55 crore. The Board of Directors of the company at its meeting held on November 03, 2018, approved the same. Ramkrishna Forgings is engaged in the manufacture of Screw Couplings, Draw Gear Assembly, Snubber Assembly, Hanger, Block Hanger ... Read More »

Sterlite Technologies bags Rs 1,512 crore MahaNet-I project

Sterlite Technologies has won Rs 1,512 crore MahaNet-I project for the implementation of BharatNet-II in Maharashtra. Maharashtra Information Technology Corporation (MahaIT), a state-led nodal agency, aims to connect approximately 13,000 gram panchayats through the MahaNet-I project. As a leading implementation partner, the company will connect 4,045 gram panchayats across eight ... Read More »