Anant Raj, Rail Vikas Nigam and NTPC to see some action today

30 Aug 2024 Evaluate

Anant Raj has received approval from Finance and Investment Committee for acquisition of 100% equity shares of Sheetij Properties and to enter into Share Purchase Agreement for acquisition of equity shares of Sheetij Properties.

Rail Vikas Nigam has signed a memorandm of understanding with Patel Engineering for hydro and other infrastructure projects in India and overseas.

NTPC’s step-down subsidiary NTPC REL has started commercial operations from the first part of the 320 MW Bhainsara solar PV project in Jaisalmer, Rajasthan, with a capacity of 160 MW. The total installed capacity of the NTPC group has now reached 76,294 MW after this development.

Infosys has expanded its collaboration with NVIDIA for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos. Leveraging Infosys Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies, the collaboration will help telcos enhance their customer experiences, streamline network operations, and accelerate service delivery.

Great Eastern Shipping Company (GE Shipping) has contracted to sell its 2011 built Supramax Dry Bulk Carrier, Jag Rani of about 56,820 dwt on August 29, 2024 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3FY25.

Sharika Enterprises has received a letter of Award (LoA) from Himachal Pradesh State Electricity Board (HPSEB) for design, engineering, supply, installation, testing, and commissioning of 22Kv Gas insulated switchgear (GIS) and 22/6.6Kv power transformers of 10 MVA and 6.3 MVA Capacity for SOP (Supply of Power) to LWSS (Lift water supply scheme) Shimla Town (SJPNL) (Shimla Jal Prabandhan Nigam) Stage 1st at Shakrori, Stage 2nd at Dwada under ED Sunni and Stage 3rd at Dummi under ED No-1, HPSEBL Shimla.

Shipping Corporation of India has received a tax demand order of Rs 160.37 crore from the Department of Goods and Services Tax, Maharashtra, for FY20. The company said it is in the process of filing an appeal before the Joint Commissioner of State Tax.

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