Bharat Financial Inclusion has completed the fourth securitization transaction of Rs 429.88 crore in FY19. With this transaction, the company has completed four securitization transactions worth Rs 2,334.71 crore in FY19. The entire pool qualifies for Priority Sector treatment as per the Reserve Bank of India’s Priority Sector lending guidelines. The pool has been rated … Read more
JSW Steel will reportedly invest around Rs 350 crore in order to set up two pipe conveyor projects that would transport ore from the mines to its plant in the state of Karnataka. The projects, which will be completed by the end of 2018-19, will save the company as much money – around Rs 350 … Read more
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 conglomerates in India. Besides, the … Read more
Worldwide Leather Exports is planning to raise fund by way of an issue of Equity Shares of the company on preferential basis to public shareholders aggregating up to Rs 1 crore. The meeting of the Board of Directors of the company is scheduled to be held November 13, 2018, to consider the same. Worldwide Leather … Read more
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 1,775 crore CP, maturing till … Read more
Sadbhav Infrastructure Project has reported results for second quarter ended September 30, 2018. The company has reported a fall of 5.20% in its net profit at Rs 23.32 crore for the quarter under review as compared to Rs 24.60 crore for the same quarter in the previous year. Total income of the company decreased by … Read more
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 application of ‘Smart’ Solutions) an … Read more
