Realty major DLF will invest around Rs 3,500 crore over the next four years to construct a new luxury housing project in Gurugram as its seeks to tap strong demand for residential properties. DLF will develop a new group housing project 'The Arbour', which is spread over 25 acre and comprises 5 towers with a [...]
Jindal Steel and Power Ltd (JSPL) on Sunday said it will manufacture India's first fire-resistant steel structures at its unit in Raigarh, Chhatisgarh. With the production of a special steel item for the first time in India, the company will target segments like refineries, bridges, metro projects, industrial structures, steel, power plants, hospitals, commercial and [...]
A 660-MW unit of the National Thermal Power Corporation's plant at Barh in Patna district was synchronised with the grid on Sunday morning, which is likely to result in supply of an additional 405 MW electricity for Bihar, a company official said. According to NTPC spokesman Vishwanath Chandan, the unit was successfully synchronised at 9.30 [...]
The State Industries and Commerce Department has cleared a total of 78 investment proposals worth Rs 5,298.69 crore promising 13,917 jobs. At the State Level Single Window Clearance Committee (SLSWCC) meeting chaired by the Minister for Large and Medium Scale Industries Murugesh R Nirani, these proposals were cleared, a statement issued by the office of [...]
Benchmark stock indices Sensex and Nifty declined by nearly 1 per cent in opening trade on Monday following selling in IT banking and auto stocks triggered by weak global trends. The 30-share BSE Sensex fell 474.96 points or 0.82 per cent to 57,514.94 as 28 of its constituents traded in the red in early session. [...]
The benchmark index NIFTY 50 ended in the red at 17,100.05 points for the week losing 318.7 points or 1.83%. Similarly, the 30-stock BSE Sensex closed at 57,989 points, down 2.01% or -1,186.57 on a weekly basis. Investors closely follow the Tata Group stocks for any developments. This week, two Tata Group companies came into [...]
India’s largest energy conglomerate NTPC Ltd. updated in a statement on Thursday that Malaysia’s Petronas has proposed to buy a 20% holding in the renewable energy business of the company for Rs 3,800 crore. If concluded, this will be the first of its kind purchase transaction by an Indian public sector undertaking (PSU). NTPC Green [...]
Domestic benchmark indices ended in the green after swinging amid volatility on Friday. The Sensex closed for the week at 57,989.90 points, up 0.62%, and the Nifty settled at 17,100.05 points, up 0.67%. Some of the top gainers were HCL Technologies Ltd., Hindalco Industries Ltd. UPL Ltd., UltraTech Cement Ltd., and JSW Steel Ltd. On [...]
State-owned SJVN on Saturday said its green energy subsidiary has bagged a 200MW solar project entailing an investment of Rs 1,000 crore in Maharashtra. "Wholly-owned subsidiary of the company...SJVN Green Energy Ltd (SGEL) received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 200 MW solar power project to be developed [...]
Ashish Kacholia, commonly known as the ‘big whale’ in the Indian stock market is well-known for his absence from media cycles, avoiding interviews and journalists. He lets his portfolio speak for itself. His portfolio includes stocks from hospitality, education, infra and manufacturing sectors and is worth over ₹ 1700 crores. Here are the top 5 [...]
