BEML has bagged an order worth Rs. 6.45bn from Delhi Metro Rail Corporation (DMRC) for design, manufacture, supply, testing and commissioning of 74 nos broad guage metro cars for their RS-13 project.
The Crime Investigation Department (CID) Telangana has registered a case against Abbott Health Care Pvt Ltd, a subsidiary of drug maker Abbott India, and their associates in an alleged case of smuggling cough syrup ‘Phensedyl’ to Bangladesh. The investigation was prompted when cough syrup (containing narcotic substance) worth Rs.576 mn on its way to Bangladesh was intercepted in Shillong six months ago, according to a statement issued by state Drug Control Administration (DCA).
BEML, a defence public sector undertaking, has bagged an order worth Rs. 6.45bn from Delhi Metro Rail Corporation (DMRC) for design, manufacture, supply, testing and commissioning of 74 nos broad guage metro cars for their RS-13 project.
Apollo Hospital recent acquisition is a 51% stake in a Guwahati-based Assam Hospitals for about Rs.570mn, which will strengthen the company’s presence in the North-East. While this investment is small, Apollo Hospitals has also approved a rights issue to raise Rs7.5bn for investing in capacities and newer hospitals and also for acquisition-led growth in a few key segments.
The patent office in India has decided to grant patent for automobile manufacturer TVS Motor for an engine for a three wheeler, with a cooling system for the rear mounted liquid cooled engine.
Vedanta (formerly known as Sesa Sterlite) is set to make an official announcement of its merger deal with wholly-owned subsidiary Cairn India on June 14th. The deal will give Vedanta access to Cairn India's cash and investments worth Rs160bn.
Larsen and Toubro, which is developing the Rs160bn Hyderabad Metro Rail project, said it will develop the entire 18.5 million sq ft commercial space around the project in a phased manner over the next ten years.
Videocon Telecom, the telecom arm of the USD10bn Videocon Group, will launch its 4G services in Uttar Pradesh and Bihar within the next 6-8 months.
The Kerala cabinet cleared the lone bid submitted by Adani Ports and SEZ Limited for developing the Vizhinjam International port. It approved the recommendations of a high power committee, headed by the chief secretary, for the Rs.65bn project.
ICICI Bank country’s largest private sector lender is looking at raising Rs500bn through private placement of securities including bonds and non-convertible debentures (NCDs).
BEML, a defence public sector undertaking, has bagged an order worth Rs. 6.45bn from Delhi Metro Rail Corporation (DMRC) for design, manufacture, supply, testing and commissioning of 74 nos broad guage metro cars for their RS-13 project.
Apollo Hospital recent acquisition is a 51% stake in a Guwahati-based Assam Hospitals for about Rs.570mn, which will strengthen the company’s presence in the North-East. While this investment is small, Apollo Hospitals has also approved a rights issue to raise Rs7.5bn for investing in capacities and newer hospitals and also for acquisition-led growth in a few key segments.
The patent office in India has decided to grant patent for automobile manufacturer TVS Motor for an engine for a three wheeler, with a cooling system for the rear mounted liquid cooled engine.
Vedanta (formerly known as Sesa Sterlite) is set to make an official announcement of its merger deal with wholly-owned subsidiary Cairn India on June 14th. The deal will give Vedanta access to Cairn India's cash and investments worth Rs160bn.
Larsen and Toubro, which is developing the Rs160bn Hyderabad Metro Rail project, said it will develop the entire 18.5 million sq ft commercial space around the project in a phased manner over the next ten years.
Videocon Telecom, the telecom arm of the USD10bn Videocon Group, will launch its 4G services in Uttar Pradesh and Bihar within the next 6-8 months.
The Kerala cabinet cleared the lone bid submitted by Adani Ports and SEZ Limited for developing the Vizhinjam International port. It approved the recommendations of a high power committee, headed by the chief secretary, for the Rs.65bn project.
ICICI Bank country’s largest private sector lender is looking at raising Rs500bn through private placement of securities including bonds and non-convertible debentures (NCDs).
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