RITES in a Consortium has received work from Patna Metro Rail Corporation for consultancy Services for Implementation of Patna Metro Rail Construction Project. RITES Share is Rs 79.22 crore approximately excluding GST. The said order is expected to be completed in 68 months.
Power Grid Corporation of India has been declared as successful bidder under Tariff Based Competitive Bidding to establish Inter-State Transmission System for the project namely ‘Transmission System for integration of Krishnagiri REZ Phase-I’ on Build, Own, Operate and Transfer (BOOT) basis. The Letter of Intent (LoI) has been received by Powergrid on July 10, 2026. The project comprises establishment of 2 new 765/400kV Sub-stations in the state of Andhra Pradesh. Further, the project involves construction of 765kV & 400kV transmission lines traversing through the states of Andhra Pradesh, Telangana & Karnataka along with associated bays.
JSW Infrastructure has incorporated a wholly owned subsidiary (WOS) namely JSW Kolkata Outer Harbour Container Terminal on July 10, 2026. The company has received Letter of Award (LoA) for Integrated Development of Outer Container Terminal & Berth no. 1 through 5 at Netaji Subhash Dock, Kolkata Dock System issued by Syama Prasad Mookerjee Port Authority, Kolkata on Design Build Finance Operate Transfer basis through PPP mode. The terms of said LoA require incorporation of a Special Purpose Vehicle to enter into a concession agreement. Accordingly, the company has incorporated a new entity for the purpose of entering into the said concession agreement and to fulfil the obligations as stated in the said agreement.
Powerica has emerged as a winning bidder in the e-Reverse auction conducted by Gujarat Urja Vikas Nigam (GUVNL) for purchase of power through competitive bidding process from 250 MW grid-connected Wind Power Projects. The company has successfully secured the bid for 50MW project. The electronic reverse auction was finalized on July 09, 2026. The company’s discovered tariff was Rs 3.51 per unit, representing a 2.77% variance relative to the tender start-price. The Letter of Award (LoA) is expected to be awarded within the stipulated timelines prescribed in the tender document.
Mankind Pharma has received approval for the incorporation of a wholly owned subsidiary (WOS) company in Netherlands to act as a Special Purpose Vehicle for holding investments in R&D assets and business development activities focused on treatment of niche therapies. The Board of Directors of the company at its meeting held on July 11, 2026, has inter-alia, considered and approved the same.
Ajmera Realty & Infra India has divested its entire 36% equity stake in Ultra Tech Property Developers for a consideration of Rs 1.73 crore. The transaction, executed through a Share Purchase Agreement (SPA), is concluded on July 10, 2026. Consequent to the aforesaid transaction, Ultra Tech Property Developers has ceased to be an Associate Company of the Company.
KD Green Industries’ 51% subsidiary -- Shivam Pipes has secured orders aggregating to around Rs 4.40 crore for the supply of Galvanized Steel Tubular Electric Poles to Meghalaya Power Distribution Corporation (MePDCL). This order has been received under Revamped Distribution Sector Scheme (RDSS) with a delivery on immediate basis.
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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.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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