Page 5 - Constructions Ltd News Today

Supreme Court”) in the matter of  Government of Maharashtra v. M/s Borse Brothers Engineers & Contractors Pvt. Ltd. (“ Borse Brothers”) overturned one of its earlier verdict in the matter of  NV International V. State of Assam (“ NV International”). 1 The Supreme Court clarified that an aggrieved party must file an appeal under Section 37 of the Arbitration and Conciliation Act, 1996 (“ A&C Act”) within 60 days from date of order. The Supreme Court further held that a delay in...

Brief Facts R. Narayanan v. The Government of Tamil Nadu and Ors. 1, the Nagercoil Municipal Corporation ( Municipal Corporation) had conducted a public tender cum auction sale of licenses to occupy ( License) shops in a bus stand. The petitioner herein was one of the successful bidders, who offered to pay a sum of INR 1,15,000 as a monthly fee for the License ( License Fee). The Municipal Corporation issued the License to the petitioner for a tenure of three years commencing from 1 November 20...

Supreme Court of India (File photo) NEW DELHI: With high commercial value disputes getting regularly referred to arbitration in India, the Supreme Court has decided to sort out prevailing confusion over what is the limitation period for filing of appeal against arbitral award - 90 days or 120 days. But, the attempt to clear the confusion saw parallel proceedings in the Supreme Court as two coordinate benches took up the matter and passed orders. The confusion over the limitation period for fil...

Karda Constructions Ltd Q3FY21 PAT at Rs. 3.73 crore Posted On: Karda Constructions Ltd has reported financial results for the period ended December 31, 2020. Financial Results (Q3 FY20-21) - QoQ Comparison The company has reported total income of Rs.41.33 crores during the period ended December 31, 2020 as compared to Rs.21.63 crores during the period ended September 30, 2020. The company has posted net profit / (loss) of Rs.3.73 crores for the period ended December 31, 2020 as against net pro...

KNR Constructions Ltd Q3FY21 consolidated net profit drops QoQ to Rs. 97.55 crore

Read more about Industrials shares rise on Business Standard. Industrials stocks were trading with gains, with the S&P BSE Industrials index rising 157.65 points or 4.17% at 3940.44 at 09:48 IST.

Finolex Industries Ltd saw volume of 11.15 lakh shares by 14:14 IST on NSE, a 16.44 fold spurt over two-week average daily volume of 67786 shares KNR Constructions Ltd, K E C International Ltd, ITI Ltd, Ujjivan Small Finance Bank Ltd are among the other stocks to see a surge in volumes on NSE today, 02 February 2021. Finolex Industries Ltd saw volume of 11.15 lakh shares by 14:14 IST on NSE, a 16.44 fold spurt over two-week average daily volume of 67786 shares. The stock increased 6.31% to Rs....

KNR Constructions Ltd, IIFL Finance Ltd, MSTC Ltd and Tata Motors Ltd are among the other gainers in the BSEs A group today, 02 February 2021. KNR Constructions Ltd, IIFL Finance Ltd, MSTC Ltd and Tata Motors Ltd are among the other gainers in the BSEs A group today, 02 February 2021. Tata Motors-DVR surged 10.95% to Rs 124.1 at 11:48 IST. The stock was the biggest gainer in the BSEs A group. On the BSE, 8.54 lakh shares were traded on the counter so far as against the average daily volumes of ...

State-run banks The government announced it was forming an asset management company to take over stressed assets of banks in an effort to clean up one of the world’s worst pile of bad loans. Banks, insurers rose on plans for setting up a bad-debt manager. State Bank of India Ltd., Bank of Baroda, Canara Bank, Union Bank of India, Bank of India and Punjab National Bank could be among the beneficiaries. Textiles Sitharaman’s announcement of the establishment of seven mega textile parks to be...

Union Budget 2021: Who Gained & Who Lost? Published by GulteDesk February 01, 2021 The Union Budget 2021 announced today by Finance Minister Nirmala Sitharaman attracted huge criticism, especially from the Telugu states. The Finance minister sanctions for Tamil Nadu and other southern states but snubbing the Telugu states’ demands once again is fueling more angst. Apart from the center and finance ministries’ biased budget this year, there are fields that gained and there are losers with...