Breaking News

You are here » Indian-Commodity  :  Top News  :  Gayatri Projects, Birla Cable, Speciality Restaurants to see some action today

25-May2018

Gayatri Projects, Birla Cable, Speciality Restaurants to see some action today

Gayatri Projects has received a Letter of Award (LOA) from the Ministry of Road Transport and Highways for part construction of six lane elevated corridor in the state of Telangana valued at Rs 425 crore.

Birla Cable has proposed additional Capacity for manufacturing of the Optical Fibre cables (OFC) in the plant of the company. The company has proposed additional Capacity of 96848 Cable Kilometers from existing 81848 Cable Kilometers.

Speciality Restaurants has opened Asia Kitchen by Mainland China franchise restaurant located at Burjuman Centre, Bur Dubai in UAE.

Camlin Fine Sciences has received board's approval to raise funds not exceeding Rs 250 crore by way of debt and FCCB/GDR/ADR/ QIP/other securities linked to equity / preference shares / any instrument or securities representing convertible securities. The meeting of the Board of Directors of the company held on May 24, 2018, have approved the same.

JMC Projects has received approval from its board for raising of funds by way of issue of Secured/Unsecured Redeemable Non-Convertible Debentures (NCDs) for an aggregate amount up to Rs 150 crore in one or more series/tranches, on private placement basis. The meeting of the Board of Directors of the company held on May 24, 2018, have approved the same.

BPL has received an approval for availing services from BPL Telecom for installation and servicing of consumer durables sold by the company at an arm's length basis. The Board of Directors of the company at its meeting held on May 23, 2018, approved the same.

RMG Alloy Steel has decided to incur capital expenditure of Rs 150 crore for various plans to exploit business opportunities that have emerged in the extant industry scenario. The plans include installation of Argon Oxygen Decarburization (AOD) and induction furnace in the existing steel melting shop to produce stainless steel cast products


Related News

View all news

Crude oil futures end lower on Monday

Crude oil futures ended lower on Monday as steep declines in the US stock market fed an aversion to so-called riskier assets, which include oil. Meanwhile, the US-China trade dispute escalated as China......

Gold futures trade flat on Monday

Gold futures was trading flat on Monday as growing uncertainty over whether the United States and China will be able to reach a deal to end their escalating trade war fueled safe-haven demand for the precious......

Jeera futures trade higher on rising demand

Jeera futures traded higher on NCDEX on the back of rising physical and export demand at the spot market. However, higher availability of crop this season, capped some gains.The contract for May delivery......

Top News

View all news

SRF, NIIT Technologies and United Bank of India to see some action today

SRF has entered into a definitive agreement to sell its Engineering Plastics Business to DSM, the Life Sciences and Materials Sciences Company in an all-cash transaction, amounting to Rs 320 crore. The......

NIIT Technologies concludes sale of 88.99% stake in ESRI India Technologies

NIIT Technologies has concluded the sale of 88.99% equity shares in ESRI India Technologies, India to Environment Systems Research Institute Inc., USA. Consequent to above sale, ESRI India Technologies,......

United Bank of India to raise Rs 1,500 crore by various means

United Bank of India has received approval to raise equity capital not exceeding Rs 1,500 crore in one or more tranches during the financial year by way of Qualified Institutions Placement, Public Issue,......