Avenue Supermarts has issued Commercial Paper worth Rs 65 crore. The date of issuance is October 11, 2018 and the instrument will mature on December 10, 2018. The rating agency, CRISIL has assigned ‘A1+’ rating to the company’s Commercial Paper. Avenue Supermarts is a Mumbai-based company, which owns and operates DMart stores. D-Mart is an … Read more
Oil and Natural Gas Corporation (ONGC) is reportedly planning to buy 27 drilling rigs, in a bid to replace nearly half of its ageing onland rigs. The estimated cost would be around Rs 3000-3500 crore. The new drilling rigs will help the company to make things more competent. ONGC is India’s largest government-run corporation and … Read more
The company has been declared L-1 bidder for a new OB Removal Contract Mining Project. Dilip Buildcon (DBL) has been declared L-1 bidder for a new OB Removal Contract Mining Project valued at Rs 1,000.40 crore by the Mahanadi Coalfield (MCL), a subsidiary of Coal India (CIL), Samleshwari OCP, Jharsuguda District in the State of … Read more
ITI has received purchase order for executing the RajNet project from RajCOMP Info Services, a Government of Rajasthan Undertaking, for establishing around 40,000 outdoor Wi-Fi access points in the state of Rajasthan with an order value of around Rs 334 crore on rate contract basis. The project envisages supply, installation and maintenance of around 40,000 … Read more
Bharat Dynamics (BDL), a Defence PSU has received an order worth around Rs 200 crore from DRDO for supply of Medium Range Surface to Air Missile (MRSAM) rear section. MRSAM is a joint development project between DRDO and Israel Aerospace industries, Israel with BDL as the Nominated Production Agency. Bharat Dynamics is engaged in manufacturing … Read more
KEC International has secured new turnkey order of Rs 1,496 crore in its Transmission and Distribution business in Bangladesh for design, supply and installation of 400 kV Meghnaghat -Madunaghat double circuit transmission line. KEC International is a global infrastructure EPC major. It has presence in power transmission and distribution, cables, railways, water, renewables and civil. … Read more
Bharat Heavy Electricals (BHEl) has bagged four orders for emission control equipment from NTPC. Valued at about Rs 2,900 crore, these orders involve supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at NTPC’s 3×660 MW North Karanpura, 2×500 MW Mauda Stage-I, 3×660 MW Barh Stage-I and 2×660 MW Barh … Read more
