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Tag Archives: crore

SIS bags three year contract worth Rs 300 crore

Security and Intelligence Services India (SIS) has been awarded a three year contract valued at around Rs 300 crore to provide security solutions to 47 facilities of Cognizant Technologies located across India. As part of the contract, SIS will deploy around 5,000 security personnel in different categories to provide security ... Read More »

K P Energy Ltd H1FY19 PAT zooms to Rs. 7.06 crore

K P Energy Ltd. has reported financial results for the period ended September 30, 2018. The company has reported net sales of Rs.51.45 crores during the 6 months period ended September 30, 2018 as compared to Rs.36.71 crores during the 6 months period ended September 30, 2017. The company has ... Read More »

Be an informer to I-T dept; earn up to Rs 5 crore

Besides, the ‘Income Tax Informants Reward Scheme’ has also been amended under which a person can get reward up to Rs 50 lakh for giving specific information about substantial evasion of tax on income or assets in India, which are actionable under the Income-tax Act, 1961. The CBDT on Friday ... Read More »

GST collection in April crosses Rs. 1 lakh crore

Out of 19.31 lakh composition dealers, 11.47 lakh have filed their quarterly return (GSTR 4) which is 59.40% and have paid total tax of Rs.579 crores, which is included in the above figure of Rs.1.03 lakh crore of total GST collection. The total revenue earned by Central Government and the ... Read More »

BHEL wins Rs 11,700 crore order to set up plant in Jharkhand

Bharat Heavy Electricals (BHEL) has won a Rs 11,700 crore order for setting up a 3×800 MW supercritical thermal power plant in Jharkhand. The order for setting up the 3×800 MW Patratu Super Thermal Power Station Expansion, Phase-I (3x 800 MW) has been placed on BHEL by Patratu Vidyut Utpadan ... Read More »

CCI imposes fine of Rs 5.10 crore on SpiceJet

The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 5.10 crore on SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog has ... Read More »

CCI imposes fine of Rs 39.81 crore on Jet Airways

The regulator has imposed fine for unfair business practices with respect to fixing fuel surcharge on cargo transport The Competition Commission of India (CCI) has imposed a fine of Rs 39.81 crore on Jet Airways for unfair business practices with respect to fixing fuel surcharge on cargo transport. The watchdog ... Read More »

Religare Enterprises gets nod to raise over Rs 916 crore

Religare Enterprises has received an approval to raise over Rs 916.42 crore by issuing warrants convertible to equity. The Investment, Borrowing and Share Allotment Committee of the company at its meeting held on February 19, 2018 has approved raising of funds through issue of warrants on preferential basis. The company ... Read More »

Uflex planning to invest Rs 1700 crore in Uttar Pradesh

Uflex is planning to invest Rs 1700 crore in Uttar Pradesh (UP). The company has ambitious plans to substantially enhance manufacturing capacity for flexible packaging in the next few years. For seeing this through fruition from scratch to finish, the company endeavor to invest Rs 500 crore towards the project. ... Read More »

BL Kashyap bags orders worth Rs 605 crore

BL Kashyap & Sons has bagged new orders of around Rs 605 crore from domestic clients. The projects are expected to be completed within 24 months from the date of award. The total order inflow during the FY 2017-18 up to December, 2017 stands at Rs 867 crore. Of the ... Read More »

CL Educate’s arm transfers land at Hyderabad for Rs 6.48 crore

CL Educate’s Wholly Owned Subsidiary–Career Launcher Infrastructure (CLIP) has transferred its land situated at village Kadhtal, Mandal Amangal District (TS), Hyderabad, admeasuring 22.32 acres, at a total consideration of Rs 6.48 crore. CL Educate is one of Asia’s leading edu-corporates, with focus on diverse segments of education, and across learners ... Read More »

Alankit to invest up to Rs 6.5 crore in Verasys Technologies

Alankit has received an approval for the investments up to Rs 6.5 crore in the form of Equity Shares/Preference Shares/Warrants/Convertible warrants/Debentures etc in Verasys Technologies, a company engaged in IT/ITes. Alankit can acquire up to 55% of equity shares of Verasys Technologies. After acquisition of equity shares of Verasys Technologies ... Read More »

RInfra receives LoA worth Rs 567 crore from NTPC

Reliance Infrastructure (RInfra) EPC has received the Letter of Approval (LoA) from National Thermal Power Corporation (NTPC) for Flue Gas Desulphurisation (FGD) works of its 3×500 MW power plant in Jhajjar, Haryana. The order value of the project is Rs 567 crore. The scope of work includes design, engineering, manufacture, ... Read More »