Torrent Power announced that with regard to the tender process where the company had emerged as the highest bidder for 51% equity stake in Power Distribution Company for the Union Territories of Dadra
& Nagar Haveli and Daman & Diu.
In this connection, the Hon ble Bombay High Court has, inter alia, suspended the tender process in a
PIL case before the Court until further orders in the matter.
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Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to rem
HDFC has reduced its Retail Prime Lending Rate (RPLR) on housing loans, on which its Adjustable Rate Home Loans (ARHL) are benchmarked, by 5 basis points, with effect from March 4, 2021. The change will benefit all existing HDFC retail home loan customers.
Adani Ports and Special Economic Zones (APSEZ) is acquiring the 31.5% stake held by Windy Lakeside Investment (an affiliate of Warburg Pincus) in Gangavaram Port (GPL). The acquisition is valued at Rs.1,954 crore and subject to regulatory approvals.
IRCTC said the company will operate trips through Golden Chariot from 14th March, 2021 onwards.
IRCON International has been awarded the work for replacement of mechanical signaling at various locations at Moradabad at the expected completion cost of Rs 187 .80 crore. The tenure for execution of the works is 24 months. This work has been awarded on competitive bidding basis among PSUs by the Northern Railways, Ministry of Railways.
At unit located at Budihyal Kirloskar Electric Company announced that the company made an
application to the concerned labour department to extend the lay-off period for 60 days of all workmen at the
Company s Unit located at Budihyal (unit-15).
Accordingly, 39 workmen will continue to be in lay off from 05 March 2021 to 04 May 2021 and 24 workmen s
layoff continues upto 10 March 2021.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain com
The project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat, Narayanganj, located approximately 40 km southeast of Dhaka.Reliance Power and Japan s JERA Co. Inc., through their joint venture project company, are developing a new gas-fired power generation project in Bangladesh. The project company has achieved financial closure for the project with a group of lenders that includes Japan Bank for International Cooperation & Asian Development Bank and all requisite conditions for availing drawdown under the loan agreements have been satisfied.
The project is to build, own, and operate a 745 MW (net output: 718 MW) natural gas combined-cycle power project in Meghnaghat, Narayanganj, located approximately 40 km southeast of Dhaka (the Project / Phase 1).
Read more about Metal stocks edge higher on Business Standard. Metal stocks were trading in green, with the S&P BSE Metal index increasing 464.31 points or 3.29% at 14557.8 at 09:48 IST.