by PTI News | Mar 11, 2022 | 7:14 pm | Company Results, News
New Delhi, Mar 11 (PTI) Polymer products trading firm Vikas Lifecare is planing a capital expenditure of about Rs 120 crore to expand operations, the company said on Friday.The company also plans to hire 250-300 people to support its new projects, the NSE-listed company said in a statement. Under the expansion plans, the company will set up an ethanol project [...]
by PTI News | Mar 11, 2022 | 11:09 am | Company Results, News
The 14-acre integrated development at the heart of Worli is a flagship project of Birla Estates Mumbai, Maharashtra, India – Business Wire India Birla Niyaara, the flagship project of Birla Estates Pvt Ltd, has received an overwhelming response and recorded sales of INR 1000 Crore booking value making it the most successful launch in MMR [...]
by PTI News | Mar 10, 2022 | 10:34 am | Company Results, News
New Delhi, Mar 10 (PTI) Kalpataru Power Transmission Limited (KPTL) on Thursday said it has received the letter of intent (LoI) for an order worth Rs 3,276 crore. In a statement, the company said the LoI is for a "prestigious project" involving design, engineering, supply and construction of a HVDC power transmission line of 700 [...]
by PTI News | Mar 9, 2022 | 8:45 pm | Company Results, News
Mumbai, Mar 9 (PTI) The crippling economic sanctions imposed by the US and European nations on Russia following its invasion of Ukraine threaten to take the sheen off the domestic diamond industry, culling its sales by 25-30 per cent worth USD 2-2.5 billion in the next quarter alone, a report has warned. The domestic diamond [...]
by PTI News | Mar 9, 2022 | 6:29 pm | Company Results, News
Mumbai, Mar 9 (PTI) The Kochi-based non-banking lender Indel Money that has pioneered long-term credit in the gold loan industry, is eyeing a loan book of Rs 1,000 crore next fiscal. The company is also in talks with private equity funds to raise around Rs 400 crore for a 15 per cent stake as it [...]
by PTI News | Mar 9, 2022 | 6:25 pm | Company Results, News
New Delhi, Mar 9 (PTI) L&T Construction has won a significant order from Delhi Metro Rail Corporation (DMRC) to design and construct the underground metro project of Phase-IV of Delhi MRTS. L&T Construction is the construction arm of infrastructure major Larsen & Toubro (L&T). "The heavy civil infrastructure business vertical of L&T Construction has won [...]
by PTI News | Mar 9, 2022 | 1:35 pm | Company Results, News
New Delhi, Mar 9 (PTI) IndusInd Bank has set up a panel to assess the accountability of its staff, if any, in the matter related to disbursal of loans by its microfinance subsidiary BFIL without the consent of customers during March 2020-October 2021. The bank said audit firm Deloitte has submitted its report, according to [...]
by PTI News | Mar 9, 2022 | 12:43 am | Company Results, News
New Delhi, Mar 8 (PTI) Private sector IndusInd Bank on Tuesday said the microfinance loan disbursals by its subsidiary during the Covid period was a result of a "technical glitch", according to the findings of the audit firm Deloitte and the bank has set up a panel to assess its staff's accountability, if any.The matter [...]
by PTI News | Mar 7, 2022 | 10:10 pm | Company Results, News
New Delhi, Mar 7 (PTI) HCL Foundation on Monday said it has invested Rs 680 crore in the last 10 year to create an impact on society through transformational work. The corporate social responsibility (CSR) arm of HCL Technologies also announced a Rs 16.5 crore grant for NGOs in their effort to transform lives in [...]
by PTI News | Mar 7, 2022 | 6:22 pm | Company Results, News
New Delhi, Mar 7 (PTI) Homegrown auto major Tata Motors on Monday said it has bagged a contract for 65 electric vehicles (EVs) from Kerala State Electricity Board (KSEB). The order includes 60 Tigor EVs and 5 Nexon EV SUVs. It is part of a competitive pan-India tender floated by KSEB in line with the [...]