New Delhi, Jan 11 (PTI) State-run SJVN Ltd said it has bagged contracts to set up two grid connected solar power projects of cumulative 125 MW capacity in Uttar Pradesh. The projects will be established in Jalaun and Kanpur Dehat districts of the state. SJVN has bagged the projects through tariff-based competitive bidding process conducted [...]
Mumbai, Jan 11 (PTI) Rupeek, a digital-focused gold loan lender backed by Sequoia and Accel, has said its loan book has nearly doubled from last year and has crossed the Rs 7,500-crore mark in 2021, indicating the financial distress of the public due to the pandemic. The gold loan is more than a fully-secured business [...]
New Delhi, Jan 11 (PTI) JSW Steel on Tuesday posted a 28 per cent year-on-year growth in group combined steel production at 5.35 million tonnes (MT) during the quarter ended December 30, 2021. In a statement, the JSW Group company said it had produced 4.18 MT in the October-December period of the [...]
Mumbai, Jan 10 (PTI) Private sector life insurers have ended the third quarter on a healthy footing with a 14 per cent growth in individual annual premium equivalent (APE), according to a report. This has helped the industry clock an 11 per cent growth between April and December, according to the report by Kotak Institutional [...]
New Delhi, Jan 10 (PTI) PTC India has bagged a tender worth Rs 9 crore for providing power management services to Mumbai Port Trust for three years. Rajib K Mishra, CMD In-Charge of PTC India, said the company has won the assignment by outbidding other large players operating in this field. Distribution management services is [...]
Mumbai, Jan 10 (PTI) MG Motor India EV sales spiked 145 per cent to 2,798 units in calender year 2021 amid a gradual shift towards electric vehicles in the country, the company said on Monday. The company had sold a total of 1,142 units in 2020. Currently, the company has one electric sports utility vehicle [...]
New Delhi, Jan 10 (PTI) Larsen & Toubro (L&T) on Monday said its construction arm has bagged a significant order from National High Speed Rail Corporation Ltd (NHSRCL). The major scope of work for the project comprises design and construction of civil and building works for a double-line high speed railway of a length of [...]
Mumbai, Jan 10 (PTI) Microfinance lender CreditAccess Grameen on Monday said its consolidated gross loan portfolio (GLP) increased 18.4 per cent to Rs 14,587 crore in December 2021. The lender has announced its business numbers, including of its subsidiary Madura Microfinance (MMFL), for the month of December. These are provisional unaudited numbers, a release said. [...]
New Delhi, Jan 10 (PTI) Mumbai-based Sunteck Realty on Monday reported a marginal increase in its sales bookings to Rs 352 crore for the quarter ended December 2021. Its sales bookings stood at Rs 349 crore in the year-ago period, according to a regulatory filing. During April-December period of the current fiscal, the company's sales [...]
New Delhi, Jan 9 (PTI) Deposits in bank accounts opened under the Jan Dhan scheme, launched about seven and half years ago by the government, have crossed the Rs 1.5 lakh crore mark.As per the latest finance ministry data, the total balance in over 44.23 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts was at [...]
