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The engineering product manufacturing conglomerate, Good luck India Ltd., has bagged an order of worth Rs. 56 crores. The order has been booked in its structure division and comprises of Rs. 37 crores order from Power Grid Parli Transmission Limited and Rs. 19 crores order from renewable energy. Parli transmission is a completely owned subsidiary of Power Grid Corporation of India Limited and is a government undertaking for the supply of Towers in the state of Maharashtra. Yesterday, on Jul
Tata Consultancy Services (TCS) and Royal College of Physicians, Ireland have collaborated to deploy iON cloud solutions for creating an online community of doctors. The new tool is called The Physician Network. This tool is a resource based on theTCS iON Digital Learning Platform to enable virtual 'common-interest communities' and to make best practice knowledge-sharing easy. The news arrived a little while before the stock market closed for the day where
On July 05, 2016, Mumbai Metro Rail Corporation has announced that Heavy CivilInfrastructure Business of L&T Construction, along with its partner, STEC of China, is all set to commence the Mumbai Metro Line 3 project of worth ? 5,273 crores. The project includes design and construction of underground stations and associated tunnels for Package 1 and 7 in Line 3 of Mumbai metro project. The prestigious EPC project comprises underground stations a
Larsen & Toubro, through its joint venture companies, L&T-MHPS Boilers, and L&T-MHPS Turbine Generators has obtained worth 71.3 million USD export orders from Mitsubishi Hitachi Power Systems. L&T-MHPS Boilers' (LMB) contract includes the supply of pressure parts for 2 x 1000 MW power plant in Indonesia and contains furnace header, panel, coils, and piping. LMB, as of now, is carrying out nine export orders for the supply of pulverisers and pressure parts for various MHPS p
Reliance Power share price closed 2% higher to Rs.52.45 as The Supreme Court has permitted the company to recover Rs.1,050 crore from buyers. The power distribution companies have been seeking the stay on the payment of Rs. 1,050 Crores dues to Reliance Power. They have been buying electricity from Reliance power's Sasan ultra mega power project (UMPP). The company stated that Supreme Court did not grant the stay on an order of APTEL, Appellate Tribunal for Electricity, dated March 31, 2016, as requested by the procurers
Nifty is expected to open 20 points gap down.Small Cap has given a break out above its 5 month high, next target at 5972.Stock Market Today by Shailesh Saraf.
India's leading real estate developers, Brigade Enterprises Ltd.has been recognized as 'India's best company to work for, 2016, in the real estate sector for the second consecutive year. This is one of India's largest workplace study that is conducted by The Economic time and Great Place to Work Institute. Brigade Ltd. received this award for encouraging a collaborative environment that empowers people to showcase their best and consistently building and sustaining a culture based on trust. The company is also ranked 39th in to
Today, India's largest integrated power company Tata Power announced that, along with all its subsidiaries and joint ventures, Tata Power Group companies' CSR spend in FY16 stood at Rs. 47.02 crores. While the Company's individual expenditure stands at Rs. 29.01 crores as against the required Rs. 28.29 crores as per the CSR Act. Its subsidiaries and joint ventures spent Rs. 18.01 crore. Through this, the Company approached to more than 250 villages/urban pockets across seven states, benefitting over 1.5 million people. When the co
Sobha share price continues its journey of rising after the company launches Sobha Winchester, the super luxury apartments in Chennai on July 4th, 2016. The project is located on the Thoraipakkam-Pallavaram Road in Chennai. Sobha Winchester has the British-inspired architecture and has been thoughtfully designed by a team of their in-house architects. The project has 344 units having 1BHK to 4BHK super-luxurious apartments. Mr. J.C.Sharma, VC, and MD of Sobha Ltd. said that Chennai is one of the major i
MPS Limited announced today, on July 4th, 2016, that it has completed the procurement of Magplus which is a leading digital platform company for creating and distributing content apps. Magplus is based in Sweden and USA. The company was a part of Bonnier Growth Media which is the venture arm of media conglomerate Bonnier and home to some of the fastest growing enterprises in the group.Ulrika Saxon, CEO, Bonnier Growth Media stated that Under Staffan Ekholm's leadership, Mag+ has succeeded in widening its offer to new customers
