L&T Construction wins
orders worth Rs1885 Crores
Larsen
& Toubro Ltd has informed regarding a Press Release dated July 02, 2015,
titled ' L&T Construction Wins Orders Valued Rs1885 Crores'.
NBCC bags PMC biz for Rs914
cr in June 2015
National
Buildings Construction Corporation (NBCC) has announced that the Company has
secured Project Management Consultancy ( PMC) business of Rs 914.54 cr from
various clients in the month of June 2015.
Videocon Industries gets
shareholder nod to raise Rs5,000 crore
Videocon Industries has got shareholder nod to raise Rs5,000 crore from the
market through issuance of shares to institutional buyers, global depository
receipts ( GDR) and foreign currency convertible bonds ( FCCBs).
Cabinet clears PMKSY with an
outlay of Rs50,000 crore
The Union
Cabinet has cleared the ambitious Pradhan Mantri Krishi Sinchaee Yojana (
PMKSY), which, with an outlay of Rs50,000 crore spread over a period of five
years starting from 2015-16, aims to provide irrigation to every village by
converging the various ongoing irrigation schemes. A sum of Rs5,300 crore has
been allocated in the FY2016 for the programme – Positive for Jain
Irrigation and Finolex Industries.
World Bank okays $650 million
loan to eastern freight corridor
World Bank okays
USD650 million loan to eastern freight corridor – positive for Container
Corporation, Gateway Distriparks, L&T .The world bank yesterday has
approved a USD650 million debt funding for a part of the eastern arm of the
Dedicated Freight Corridor project. The Eastern Dedicated Freight Corridor is
to be 1840km long from Ludhiana to Kolkata.
RINL will expand capacity to
16 million tonnes per annum
Rashtriya Ispat
Nigam Limited ( RINL), the corporate entity of Vizag Steel, will expand
capacity to 16 million tonnes per annum (mtpa) by 2025 with an investment of
Rs35,000 crore.
Rajesh Exports plans
acquisition for backward integration
Rajesh Exports
is likely to finalise an acquisition tomorrow from a handful of targets that
have been identified. Some media sources indicate that the company could buy a
stake in a Swiss gold refinery for about $400 million. The company is looking
for backward integration.
Arvind announces partnership
with Aeropostale Inc
Arvind Ltd has
submitted a copy of the press release being issued by Arvind Lifestyle Brands
Limited, a subsidiary of the Company titled 'Arvind announces Partnership with
Aeropostale Inc., one of America's Largest Specialty Youth Retailers with Over
1,000 locations across the Globe - To launch in India in 2016'.
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