LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Top News  :  Reliance Infra, HCL Technologies and Welspun Corp to see some action today

Reliance Infra, HCL Technologies and Welspun Corp to see some action today (30-Jan-2018)

Reliance Infrastructure (RInfra) has received the Letter of Award (LOA) from the National Highways Authority of India (NHAI) for the six-laning of Aurangabad to Bihar–Jharkhand border (Chordaha) section of NH-2 in Bihar after it emerged as the lowest bidder for the development of the project on engineering, procurement and construction (EPC) basis. The project for six-laning km. 180.000 to km. 249.525 on NH-2 in Bihar is under the Government of India's flagship National Highway Development Program (phase V) and is funded by NHAI. The scope of work includes design, engineering, procurement and construction of six-lane highway and associated bridges with paved shoulders. The overall schedule for project is 24 months from the appointed date.

HCL Technologies (HCL) has bagged a five-year IT infrastructure services and application management contract with Cadent, the UK's largest gas distribution network. The ground-breaking 'cloud first' multi-service deal will see HCL provide integrated public cloud hosting and SAP and Application Maintenance Services, including the migration of a significant applications portfolio to Amazon Web Services (AWS) public cloud. In addition, HCL will provide IT Service Management, Service Desk and Managed Workplace Services.

Welspun Corp has bagged additional orders for supply of 232K MTs pipes, including a large order, since our last disclosure. With these additions, the company has current order book of 1,279K MTs valued at Rs 8,200 crore. Recently, the company had bagged orders including a large oil & gas order for supply of 124 K MTs pipes.

Sibar Autoparts has received its first R&D Trial order for NI-SIC plated cylinder block from Indian Two-wheeler Company - TVS Motor Company for 2 models of cylinder blocks. Earlier, the company had received LOI from AVTEC for Exports Norton Motor cycles, UK. The NI-SIC cylinder blocks are better in emissions norms, life, performance and have substantial (up to 30%) fuel efficiency over present Traditional cylinder blocks.

Ester Industries has entered into a long term agreement with Shaw Industries Group Inc, USA, a wholly owned subsidiary of Berkshire Hatha way, Inc to supply circa 2,500 tonnes per year of its stain resistant Master batch MB-03. The total size of this single order is estimated to be around Rs 90 crore per year which is more than double the Company's FY2017 Speciality Polymer revenues which amounted to Rs 43 crore. The agreement is open ended with the first purchase order received and shipment slated to commence in February 2018.

Karnataka Bank has opened two new branches in state of Karnataka and Andhra Pradesh. The Bank has opened one branch each at Dakshina Kannada District and Ananthapur District on January 29, 2018. Karnataka Bank operates as a private sector bank. Its products and services include current account, demand, time, cumulative, cash certificates, insurance linked savings bank deposits, resident foreign currency accounts and senior citizens deposit schemes.




Top News Today
Vascon Engineers bags contract worth Rs 119 crore
(19-Apr-2018)

Vascon Engineers bags contract worth Rs 119 croreVascon Engineers has received Work Order from Adhiraj Constructions, a Domestic Entity for the work of Civil and Structural Works (Residential Township) at Rohinjan Village, Taloja Node, Navi Mumbai amounting......click on news to read complete article.

ACC reports 19% rise in Q1 consolidated net profit
(19-Apr-2018)

ACC reports 19% rise in Q1 consolidated net profitACC has reported results for first quarter ended March 31, 2018. The company has reported rise of 15.89% in its net profit at Rs 245.10 crore for the quarter ended March 31, 2018, as compared to Rs 211.50......click on news to read complete article.

Bajaj Auto unveils new Pulsar 150 with twin disc brakes
(19-Apr-2018)

Bajaj Auto unveils new Pulsar 150 with twin disc brakesBajaj Auto has launched its new Pulsar 150 with twin disc brakes priced at Rs 78,016 (ex-showroom - Delhi). The new variant will be made available in addition to the existing single disc model.The new......click on news to read complete article.

International Stock News
Asian markets trade mostly in green in early deals on Wednesday
(18-Apr-2018)

Asian markets trade mostly in green in early deals on WednesdayMost of the Asian equity indices are trading higher in the early deals on Wednesday, following the positive cues overnight from Wall Street on upbeat corporate earnings results as well as economic data.......click on news to read complete article.

US markets closed higher on upbeat earnings news
(18-Apr-2018)

US markets closed higher on upbeat earnings newsThe US markets closed higher on Tuesday, with major indices ending at the highest levels in about a month as the latest round of corporate earnings supported the thesis that valuations are supported by......click on news to read complete article.

US markets closed higher on Monday
(17-Apr-2018)

US markets closed higher on MondayThe US markets closed higher on Monday, as optimism persisted over the first-quarter earnings season and as geopolitical tensions showed signs of fading. According to FactSet, earnings for companies in......click on news to read complete article.

 

     
  
Recent Top News 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.