Check out the companies which will be in focus during trade today based on recent and latest news developments.
ONGC, RIL: State run oil and gas exploration company ONGC has demanded compensation of $1.4 billion from Reliance Industries for siphoning of gas from its well in the Krishna-Godavari basin, as per reports.
Cairn India, Vedanta & PNB: Cairn India, Vedanta & PNB to be excluded from Nifty 50 with effect from April, 1.
Aurobindo Pharma, Bharti Infratel, Eicher Motors: Aurobindo Pharma, Bharti Infratel will be included in Nifty 50, while Eicher Motors, Tata Motors DVR will also be included In Nifty 50 with effect from April, 1.
Vijaya Bank: Vijaya Bank has said it will issue additional Tier-I bonds to raise Rs 500 crore.
BHEL: Bharat Heavy Electricals Ltd (BHEL) is all set to secure a major power contract worth $1.6 billion in Bangladesh beating competition from China as per reports.
Thermax: The company received an order worth Rs.353 crore from Rashtriya Chemicals and Fertilizers Limited (RCF) to execute an energy efficiency improvement project.
Wipro: Wipro has entered into a partnership with Verveba Telecom, LLC, a premiere telecom network engineering company specializing in network planning, design, deployment and mobile radio network optimization services for telecom service providers.
Inox Wind: The company has commissioned common power evacuation systems at its Lahori site in Madhya Pradesh.
UltraTech Cement: US buyout firm KKR and Ultra-Tech, are in the race to acquire cement division of Jaiprakash Associates, according to reports.
Ujaas Energy: The company has received an order from Airport Authority of India (AAI) for Grid Connected Ground Mounted Solar Photo Voltaic Power Plant for Jaipur Airport of 1800 KWp. The approx cost of the order is Rs. 10.82/- Crore.
Tata Comm: Tata Communications launched Data Roaming Boost, a global service that enables mobile network operators and service providers to deliver a significantly improved mobile internet experience for their customers, with the potential to halve the time it takes to open a webpage or application on their smart device whilst they are traveling overseas.
Godrej Consumer: The company will increase shareholding in many of its joint ventures as part of its consolidation process.
JSW Steel: The company said that it has re-commissioned the Blast Furnaces at its Viiayanagar and Salem Works.
HCL Tech: HCL Technologies (HCL) and Symantec announced their plan to expand their current partnership to help enterprises in areas of cloud security, cyber threats, and forensic solutions.
Adani Ports: Adani Ports & Special Economic Zone Ltd. is actively looking at acquisitions to complete its “string of pearls” ports strategy, reports a business daily. CEO Karan Adani is leading the drive, it adds.
Bharti Airtel: The promoters of Bharti Airtel Ltd, the Mittal family and SingTel, are looking to acquire an additional 6% stake in the telecom firm, as per media reports.
Ricoh India: The company has got an order worth Rs. 344 crore from Kerala State Electronics Development Corporation for Supply, Installation and Commissioning of Computer Hardware, Connected Accessories, Software, Maintenance of Equipment(s) and provision of Computer Education Services in 2000 Government & Government Aided High Schools in the State of Odisha on Five Years BOOT Model Project under ICT@School Scheme.
Rajesh Exports: The company bagged an order worth Rs.840 crore in the UAE.
Jet Airways: Jet Airways is expanding its operations to Bangkok with the launch of new daily flights from its hubs in Mumbai and Delhi.
PVV Infra: PVV Infra Ltd has informed BSE that the company has received an order for construction of prefab toilets under "Swatch Vidayalaya Abhiyan programme" from NPCC Ltd (NATIONAL PROJECT CONSTRUCTION CORPORATION LIMITED), a Government of India undertaking, for construction/installation of pre-fabricated toilets in six districts of Odisha.
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