CAPITALSTARS
TOP CORPORATE NEWS
BHEL gains on robust project
commissioning
Bharat Heavy Electricals
(Bhel) said it commissioned 2,730 megawatts (MW) of utility power projects in
the first half of the current financial year (2015-16). This is the highest
achievement in the corresponding period in last 4 years. It is also more than
double the power project commissioning achievement of 1,167 MW in the
corresponding period of last year.
HCC wins Rs942.58 crore
contract from BARC
Inox Wind bags 50 MW repeat
order from Tata Power
Inox Wind Ltd has
submitted to BSE a copy of Press Release dated October 12, 2015 titled 'Inox
Wind Bags 50 MW Repeat Order from Tata Power Renewable Energy Ltd'.
Yes Bank gets approval to set
up Mutual Fund
Ramco Systems implements its
Payroll software for GE
Hero MotoCorp sells 3 lakh two
wheelers via Snapdeal
CEA identifies 57 coal plants
to upgrade
The Central
Electricity Authority has identified 57 coal-based power units (both Central as
well State enterprises) with a total capacity of 32,000 MW for being upgraded
to Super critical become more efficient and reduce emission.This follows a
directive from the Ministry of Power to replace units that are more than 25
years old with super critical units of 660 MW and above. This will open up
opportunities for equipment manufacturers like BHEL, L&T and several
others.
BHEL gains on robust project
commissioning
Bharat Heavy Electricals
(Bhel) said it commissioned 2,730 megawatts (MW) of utility power projects in
the first half of the current financial year (2015-16). This is the highest
achievement in the corresponding period in last 4 years. It is also more than
double the power project commissioning achievement of 1,167 MW in the
corresponding period of last year.
HCC wins Rs942.58 crore
contract from BARC
Hindustan
Construction Company Ltd has informed that the Company has been awarded a prestigious
BARC contract worth Rs942.58 crore for constructing the first phase of
Integrated Nuclear Recycle Plant of BARC. The scope of work includes
construction of fuel processing plant, lab building, disposable material block
along with in-situ fabricated stainless steel tanks & liners and
electromechanical works. The Project will be completed in 36 months.
Inox Wind bags 50 MW repeat
order from Tata Power
Inox Wind Ltd has
submitted to BSE a copy of Press Release dated October 12, 2015 titled 'Inox
Wind Bags 50 MW Repeat Order from Tata Power Renewable Energy Ltd'.
Yes Bank gets approval to set
up Mutual Fund
Yes Bank has
received approval from the Reserve Bank of India to sponsor a Mutual Fund and
to set up a Asset Management Company ( AMC) and a Trustee Company.
The AMC and the
Trustee Companies shall be set up as wholly owned subsidiaries of Yes Bank. Yes
Bank will now apply to SEBI to seek necessary approvals.
Ramco Systems implements its
Payroll software for GE
Ramco Systems
announced that its Payroll software is being implemented by GE. With this
implementation, Ramco's end to end payroll is all set to provide modules for
payroll, taxes, time & attendance, leave management, loans and
reimbursements and self service to GE's employee base in the Middle East, thus
providing automation for GE MENA with comprehensive integration of various HR
processes of the organisation.
Hero MotoCorp sells 3 lakh two
wheelers via Snapdeal
Hero MotoCorp has
sold 3 lakh two wheelers on e-commerce platform Snapdeal in the last 10 months
since tie-up. The e-commerce platform complements its strong sales and
distribution network. Positive for Hero MotoCorp.
CEA identifies 57 coal plants
to upgrade
The Central
Electricity Authority has identified 57 coal-based power units (both Central as
well State enterprises) with a total capacity of 32,000 MW for being upgraded
to Super critical become more efficient and reduce emission.This follows a
directive from the Ministry of Power to replace units that are more than 25
years old with super critical units of 660 MW and above. This will open up
opportunities for equipment manufacturers like BHEL, L&T and several
others.
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