-10.90 (-0.92%) KSB has received orders of around Rs 500 crore from Nuclear Power Corporation of India (NPCIL) for supply of Primary Coolant Pumps and Electric Motor along with spares and accessories for their Kaiga 5 & 6 Project. The sales / supply of products / services for these orders will be in a phased manner FY 2026 onwards.
Dilip Buildcon has been declared as L1 bidder for 'Gandhisagar-2 Multi-Village Water Supply Scheme' in the state of Madhya Pradesh, order worth Rs 1400.04 crore. The scope of the project is Engineering, Procurement, Construction, Testing, Commissioning, Trial Run and Operation & Mainlenance of Various Components of Gandhisagar-2 Multi-Village Scheme, Districts Mandsaur and Neemuch in Single Package on 'Turn-Key Job Basis' including Trial Run and Operation & Maintenance of the Entire Water Supply Scheme for l0 Years in thc state of Madhya Pradesh.
Hindustan Aeronautics (HAL) and Safran Helicopter Engines have signed an agreement to create a new joint venture intended to develop helicopter engines. The joint venture will be dedicated to the development, production, sales and support of helicopter engines and one of its main objectives will be to meet the requirements of HAL and Ministry of Defence’s future helicopters, including the 13-ton IMRH (Indian Multi-Role Helicopter).
Tata Motors has hiked prices of its passenger vehicles. A weighted average increase in price of 0.55% will come into effect starting July 9, 2022, across the range, depending upon the variant and model. The company has taken extensive measures to absorb significant portion of the increased input costs. However, to offset the residual impact of the accumulated increase in input costs, it is passing on a minimized price hike.
Bandhan Bank's advances grew by 20 per cent from a year ago to Rs 96,649 crore as of June 30, 2022. Total deposits of the private sector lender also grew by 20 per cent to Rs 93,057 crore by the end of Q1 FY23. The bank's CASA (Current Account Savings Account) rose by 21 per cent to Rs 40,195 crore. Retail deposits (including CASA) witnessed a rise of 15 per cent to Rs 73,780 crore. Bulk deposits were up 44 per cent year-on-year at Rs 19,278 crore.
Lemon Tree Hotels has signed new hotel in Anjuna, Goa. This property is likely to be operational by March, 2023, and shall be managed by Carnation Hotels, a subsidiary and the management arm of Lemon Tree Hotels. Located in North Goa, Anjuna is known for its trance parties held on its beach during the tourist season (October - April), as well as the famous flea markets that come alive every Wednesday and Saturday. It is well-connected with air and railway as the Thivim Railway Station is 16 km away while the Goa International Airport is at a distance of 44 km.
Dr. Reddy's Laboratories along with its subsidiaries together have launched Fesoterodine Fumarate Extended-Release Tablets, a therapeutic generic equivalent to Toviaz (fesoterodine fumarate) Extended-Release Tablets in the U.S. market following the approval by the U.S. Food and Drug Administration (USFDA).