Welspun Enterprises’ material subsidiary -- Welspun Michigan Engineers (WMEL) has been awarded the Letter of Acceptance (LoA) by the Brihanmumbai Municipal Corporation (BMC). This LoA pertains to Rehabilitation of man-entry sewers by trenchless technology, lines –17km (dia 1000mm to 1800mm), in the suburbs of Mumbai City (the project). The contract value excluding GST is Rs 159.75 crore. This Project is to be executed within a period of 24 months (excluding monsoon) from the date of notice of commencement.
BEML has entered into a Memorandum of Understanding (MoU) with Malaysia’s largest rolling stock manufacturer, SMH Rail. This strategic partnership marks a historic collaboration between India and Malaysia, aiming to strengthen bilateral relations and address the growing global demand for advanced rail and metro rolling stock. Together, BEML and SMH Rail will focus on marketing, supply, and servicing of rail and metro rolling stock products, with a particular emphasis on markets in Malaysia, Southeast Asia, and Africa.
Kilburn Engineering has proposed to acquire Monga Strayfield, a global leader in radio frequency drying and heating solutions, for a total consideration up to Rs 123 crore, subject to adjustments, if any, on account of due diligence findings and on terms to be agreed in the definitive agreements. This acquisition is aimed at a strategic and synergistic partnership that will enhance Kilburn’s portfolio and broaden its reach across various industries.
Rail Vikas Nigam (RVNL) has signed Memorandum of Understanding (MoU) with M/s Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA). The primary objective of this MoU is to outline the terms and conditions under which RVNL and DMIA may collaborate to work jointly to participate into the Railway Infrastructure and services projects in the ASEAN market and other markets as agreed, with special focus on establishing a manufacturing base in Malaysia for railway coaches and other railway products for catering to the growing need of ASEAN countries.
Housing and Urban Development Corporation (HUDCO) has signed a Memorandum of Understanding (MoU) with Yamuna Expressway Industrial Development Authority (YEIDA), a Government of Uttar Pradesh Undertaking on August 21, 2024 at New Delhi. The MoU is a collaboration to extend long-term financial assistance in terms of loan towards various projects on both sides of Yamuna Expressway undertaken by YEIDA, to undertake comprehensive range of Fee-based Consultancy services from concept to commissioning in identified sectors and Project Management Consultancy Services from project conceptualisation to completion, at mutually decided terms.
Nibe Ordnance and Maritime has incorporated subsidiary company in the name of ‘Nibe Maritime’ on August 20, 2024. The said subsidiary has been incorporated to construct and carry on the business of Ship Building and Ship Construction, sale, break or otherwise deal in any manner with ships, tugs, boats, ocean going vessels, harbours, crafts, pontoons, barges, dredgers, and any other floating vessels, and to acquire any business as a going concern, which is engaged in the aforesaid activities.
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To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
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MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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1187 |
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