Rail Vikas Nigam has received Letter of Acceptance from Maharashtra Metro Rail Corporation (Nagpur Metro) for Construction of 6 Nos Elevated Metro Stations (Cantonment, Kamptee Police Station, Kamptee Municipal Council, Dragon Palace, Golf Club and Kanhan River Metro Station) between Ch. – 7576.78 mm to Ch -13457.76 m in Reach 2B of NMRP Phase 2.
Lloyds Metals and Energy (LMEL) has successful raised of Rs 1,218 crore through a Qualified Institutional Placement (QIP). The proceeds from the QIP will be utilised for setting up a 4 MTPA pellet plant at Konsari, Maharashtra along with an iron ore and grinding unit, primarily for the production of blast furnace and DRI grade pellets, in line with the company’s business strategies and growth plans to achieve forward integration.
Infosys has entered into strategic five-year collaboration with Sector Alarm, one of Europe’s leading providers in security, who are partially owned by global investment firm KKR, to transform their core enterprise business systems on the cloud. Through this collaboration, Infosys will work closely with Sector Alarm to migrate their disparate, on-premises Enterprise Resource Planning (ERP) platform onto Microsoft Dynamics 365 Finance and Operations (F&O), helping them modernize their financial and business operating models.
HP Adhesives has subscribed to the additional 40,000 Equity Shares of Rs 10 each fully paid-up at Rs 500 each (Issue Price) including premium of Rs 490 each by way of subscription towards the rights issue of Unitybond Solutions (USPL), a Wholly Owned Subsidiary, the shares rank pari-passu to existing Equity Shares of the Company. USPL intends to carry on the business of manufacturing, distribution and/or trading of adhesives and sealants.
Shashijit Infraprojects has been awarded Letter of Intents (LoIs) worth Rs 8.5 crore for various civil works from Apar Industries and Mastercook Houseware LLP. The company has received various LoIs from Apar Industries worth around Rs 4.5 crore (excluding taxes). The project sites of Apar Industries are situated at their Khanvel Unit and Rakholi Unit, UT of DNH & DD. Besides, it has received LoI from Mastercook Houseware LLP worth around Rs 4 crore (excluding taxes). The project site of Mastercook Houseware LLP is situated at Valsad, Gujarat.
Krishna Institute of Medical Sciences (KIMS) is all set to acquire 200-bed multi-specialty hospital at a prime location in Vizag currently operating under the brand name of ‘Queen's NRI Hospital’ (QNRI). In this regard, KIMS has inked Share Purchase agreement with the erstwhile promoters and shareholders of Chalasani Hospitals, owners of QNRI, to purchase 100% holding in the company. KIMS already have a multi-specialty hospital and gastro unit at Vizag and this addition will help it garner a larger share in the market. Besides the hospital is situated in a prime locality which makes it an attractive proposition.
Adani Ports and Special Economic Zone has won a 30-year concession to develop, operate, and maintain Berth No. 13 at Deendayal Port, marking a substantial addition to its infrastructure portfolio. The company secured the contract through a competitive bidding process.
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