CAPITALSTARS
TOP CORPORATE NEWS
Mahindra launches two products
on the Supro platform
Mahindra &
Mahindra (M&M) has launched two new products on the new Supro platform. The
Supro Van is an 8-seater diesel vehicle with capacity to seat 8 passengers and targeted
at the large family and rural segment. The Supro maxitruck is a load carrier
with a payload capacity of 1-tonne suitable for intra city transport solution.
Essar Oil commences vadinar
refinery operations
Essar Oil has
commenced operations at its refinery at Vadinar in Gujarat on October 17, 2015.
This step has been taken as the planned shutdown related activities have been
successfully completed by the company. The company had earlier informed about
the planned shutdown at its Vadinar refinery for a period of 30 days from
September 18, 2015 to October 17, 2015.
JK Lakshmi Cement gets green
nod for Bihar project
OMC’s JK Lakshmi
Cement has got green nod for setting up of a clinker grinding unit with a
capacity of 1.5 million tonnes per annum along with 10 MW DG set and autoclaved
aerated concrete block in Kishanganj district in Bihar, entailing an investment
of Rs300 crore.The company has installed cement making capacity of over 9
million tonnes per annum across the country.
NBCC bags project in Telangana
NBCC has
bagged a Rs126.33-crore project in Telangana for carrying out civil works at
different colleges of Acharya NG Ranga Agricultural University (ANGRAU) in the
state. The company had secured a total business of Rs276.96 crore from various
clients last month.
Sunil Hitech Engineers bags two
road EPC projects
Sunil Hitech
Engineers has been awarded two orders worth Rs474 crores in the State of Bihar
from Ministry of Road Transport and Highways, Government of India on
Engineering, Procurement & Construction ( EPC) Mode. The
order has been awarded to Sunil Hitech - RCM JV and is part of National
Highways Interconnectivity Improvement Project which is funded by World Bank.
Infosys to acquire Noah
Consulting for US$70 mn
Infosys
has approved to acquire 100% stake in Noah Consulting LLC, head quartered in
Houston, Texas ( USA), a leading provider advanced information management
consulting services for the oil and gas industry. The Company further informed
that none of the promoter or promoter group or group companies have any
interest in Noah Consulting LLC and this acquisition does not fall under the
related party transaction.
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