Friday , December 3 2021

Tag Archives: crore

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 »

Andhra Bank raises Rs 500 crore on private placement basis

Andhra Bank has raised Rs 500 crore by issuing Basel III-compliant bonds on a private placement basis. The bank has issued 9.2% unsecured fully paid-up non-convertible Basel III compliant additional tier I capital perpetual debt bonds in the nature of debentures for an amount of Rs 500 crore on private ... Read More »

Bajaj Finance raises Rs 485 crore through private placement

Bajaj Finance has raised funds aggregating to Rs 485 crore through private placement. The Debenture Allotment Committee of the company at its meeting held on October 31, 2017, has allotted 4850 Secured redeemable non-convertibles debentures of face value of Rs 10 lakh each aggregating to Rs 485 crore. Bajaj Finance, ... Read More »

Karnataka Bank targets Rs 2,500 crore export credit in FY18

Karnataka Bank aims to achieve an export credit target of Rs 2,500 crore during the current financial year. Besides, the Bank will be proactive in extending all the required banking facilities to the forex sector by giving preferential treatment. Karnataka Bank operates as a private sector bank. Its products and ... Read More »