LIVE MARKET TRACKER :   BSE SENSEX   31524.68      |    NSE NIFTY 9837.40    
GLOBAL MARKETS :  NASDAQ 6221.9146   -1.9416%    |    FSI London 7387.87   -0.61%    |    NIKKEI Japan 19463.18   -1.22%
  USD GBP EUR CAD AUD INR
USD - 0.7755 0.8523 1.2666 1.2667 64.1400
GBP 1.2895 - 1.0989 1.6333 1.6332 82.6543
EUR 1.1737 0.9108 - 1.4865 1.4864 75.2283
CAD 0.7897 0.6128 0.6730 - 1.0005 50.6830
AUD 0.7896 0.6125 0.6730 1.0001 - 50.6070
INR 0.0156 0.0121 0.0133 0.0198 0.0198 -
Indian-Commodity  :  Investment  :  Kridhan Infra's arm acquires 50.2% stake in Singapore based company 'SHL'

Kridhan Infra's arm acquires 50.2% stake in Singapore based company 'SHL' (16-Aug-2016)

Kridhan Infra through its Singapore subsidiary - KH Foges has acquired a majority stake of 50.2% with Singapore's leading public listed EPC company 'Swee Hong' (SHL). Pursuant to the agreement, KH Foges has subscribed to 1400 million shares representing 50.2% of the enlarged share capital in SHL and 500 million new warrants to subscribe for additional shares in SHL. Each warrant entitles the holder to subscribe for one new share in SHL.

Swee Hong is one of the leading EPC Company in Singapore listed on the Main Board of Singapore Stock Exchange (SGX), engages in the civil engineering and tunneling works in Singapore with over 50 years of experience. Over the years, Swee Hong has grown from strength to strength to cover entire spectrum of EPC services with expertise in tunneling, sewer works, bridge works, roads works, flyovers, among others. The EPC order book of SHL stood at SGD 120 million as on March 31, 2016.

Kridhan Infra, an ISO 9001:2008 certified company, is one of the pioneers in introducing the concept of ready to use steel for the construction industry in the country.



Top News Today
Tata Steel wins four National Safety Awards
(18-Aug-2017)

Tata Steel wins four National Safety AwardsTata Steel has been recognized for implementation of safety initiatives across all levels of operations, and with its prominence in safety in its mining locations. The company was bestowed with four National......click on news to read complete article.

Eris Lifesciences reports 13% rise in Q1 consolidated net profit
(18-Aug-2017)

Eris Lifesciences reports 13% rise in Q1 consolidated net profitEris Lifesciences has reported results for first quarter ended June 30, 2017. The company has reported 12.51% jump in its net profit at Rs 69.95 crore for the quarter under review as compared to Rs 62.17......click on news to read complete article.

Apcotex Industries reports 37% fall in Q1 net profit
(18-Aug-2017)

Apcotex Industries reports 37% fall in Q1 net profitApcotex Industries has reported results for first quarter ended June 30, 2017. The company has reported 36.94% fall in its net profit at Rs 5.24 crore for the quarter under review as compared to Rs 8.31......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals on Monday
(14-Aug-2017)

Asian markets trade mostly higher in early deals on MondayMost of the Asian equity benchmarks are trading up in the early deals on Monday, tracking a firmer Wall Street, as second-quarter Japan GDP gains beat expectations and investors digested the release of......click on news to read complete article.

US markets snap three days losing streak on Friday
(12-Aug-2017)

US markets snap three days losing streak on FridayThe US markets gained some strength during trading on Friday and ended in green terrain, as traders opted to buy beaten down but fundamentally strong stocks after three days of continuous drubbing. Traders......click on news to read complete article.

Asian markets trade lower in early deals on Friday
(11-Aug-2017)

Asian markets trade lower in early deals on FridayAsian equity benchmarks are trading lower in the early deals on Friday following overnight losses on Wall Street as US President Donald Trump's bellicose remarks prompted investors to unload shares in......click on news to read complete article.

 

     
  
Recent Investment News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.