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    NMDC's Donimalai Iron Ore Mine in Karnataka to Resume Operations

    Biznextindia : Public sector Iron Ore miner NMDC is set to resume operations at its Donimalai Iron Ore Mine in accordance with the Karnataka High Court decision. The mine was closed for almost 8 months. NMDC has approached Government of Karnataka to facilitate execution of lease deed and resumption of operations at Donimalai Mine. The resumption of mining at Donimalai would augment...

    • 12 hrs ago
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    BHEL bags Rs.750 Crore order form BRBCL for Emission Control System

    New Delhi : Public sector heavy engineering major Bharat Heavy Electricals Limited (BHEL) has won an order for emission control equipment from Bhartiya Rail Bijlee Company Limited (BRBCL), a joint venture of NTPC Ltd. and Indian Railways. Valued at about Rs.750 Crore, the order involves supply and installation of Flue Gas Desulphurization (FGD) system at 4×250 MW Nabinagar...

    • 12 hrs ago
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    L&T bags Marjan Oil Increment EPCI Project in Saudi Arabia

    Mumbai: L&T Hydrocarbon Engineering Limited (LTHE) has been awarded another Mega project in the Marjan Field by Saudi Aramco. Though the exact value of the project is not known, it is expected to be more than Rs.7000 Crore. The project scope for oil facilities for the Marjan Incremental Development Project consists of four tie-in platforms, one tie platform module, nine production...

    • 16 hrs ago
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    Wipro Q1 Profit jumps 12.6% to Rs. 2,388 Crore

    NEW DELHI: Indian IT services major Wipro on Wednesday reported a 12.6% year-on-year jump in Q1 profit to Rs.2,388 crore, as compared to Rs.2,121 crore in the corresponding quarter last year. The company's June quarter's consolidated revenue stood at Rs.14,716 crore as against Rs.13,978 crore last year, an increase of 5.3% on a year-on-year basis. Wipro's IT Services Segment Revenue...

    • yesterday
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    L&T Construction led JV secures contract for 100 MLD Desalination Plant in Gujarat

    Mumbai : The Water a Effluent Treatment Business of L&T Construction and Tecton Engineering a Construction LLC, UAE JV have secured a prestigious contract for a 100 MLD Desalination plant from Gujarat Industrial Development Corporation, Gujarat, India. L&T Construction will be the lead in this project. Though the L&T has not disclosed the exact value...

    • 2 days ago
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    India's Cotton import to rise in FY20 on narrowing gap between domestic and international prices: Ind-Ra

    Biznextindia : India's Cotton imports will continue to rise in 2019-20 due to lesser production in India this year and narrowing gap between the domestic and imported Cotton, estimated Credit Rating and Research Agency India Ratings (Ind-Ra) in its report on the Textile Industry. "Cotton accounts for 51% of the total raw material...

    • 2 days ago
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    Vakrangee to set-up Electric Vehicle charging infrastructure across India, to reach 3 lakh outlets by FY25

    Mumbai: Technology driven company Vakrangee has decided to set-up the Electric Vehicle (EV) Charging Infrastructure facility through its Nextgen Vakrangee Kendra Outlets. The company has 3,504 Nextgen Vakrangee Kendra's spread across 19 states, 366 districts and 2,186 postal codes. More than 68% outlets are from Tier 5 and tier 6...

    • 3 days ago
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    CIPLA and Jiangsu Acebright to form a JV company in China

    BiznextIndia : Cipla (EU) Limited, U.K., a wholly owned subsidiary of Indian pharma major Cipla limited has entered into a joint venture agreement with Jiangsu Acebright Pharmaceutical Company of China on 15th July 2019 for incorporation of a Joint Venture company in China. The JV Co. will be in the business of manufacturing, selling and distribution of pharmaceutical products, research...

    • 3 days ago
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    Adani Ports & SEZ Commences Cash Tender Offer for its US$650 million 3.50% Senior Notes due 2020

    Biznextindia : Adani Ports and Special Economic Zone Limited on Tuesday announced that it has commenced a tender offer to purchase for cash any and all of its outstanding US$650,000,000 3.50% Senior Notes due 2020. The Tender Offer is being made pursuant to a Tender Offer Memorandum, dated 16 July 2019. The Tender Offer will expire at 5:00 p.m., New...

    • 3 days ago
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    Tiktok to promote 'skill India', joins hand with NSDC

    BiznextIndia: The National Skill Development Corporation (NSDC) has partnered with TikTok, the world's leading short video platform to support Skill Development in India and celebrate World Youth Skills Day 2019. As part of the collaboration, NSDC would leverage the TikTok platform to educate latter's over 200 million users, including first-time Internet users in India about the...

    • 3 days ago

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