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Infra development through PPP to spur growth, create job; Projects worth Rs 27,514 cr in FY20 till date
Infrastructure development through pubic-private partnership spurs economic growth besides crating jobs and a related committee has approved projects worth Rs 27,514 crore this fiscal till date, a budget document said.
IndiGrid to acquire Rs 1,020 cr-transmission project from Sterlite Power
IndiGrid, the infrastructure investment trust backed by KKR, will ac...
Edelweiss Q3 profit drops 93% to Rs 17 crore; debt-to-equity ratio improves
Consolidated expenditure of the company increased to Rs 2,598.06 ...
Ed-tech startup WizKlub raises Rs 7 cr in seed round
The company, founded in February 2018 by serial entrepreneur Amit Bansal, plans to use the fresh capital for product and market expansion.
I-T refunds of Rs 1.7 lakh cr to hurt FY20 direct tax mop-up
Refunds have increased largely due to ease of online return filing and pre-filled form facility along with Aadhaar one-time-password authentication. Combined with a 10% increase in personal tax collections, this makes for a notable increase in refunds. Gross collections stood at Rs 9 lakh crore this year against Rs 9.11 lakh crore in the same period last year.
Sebi slaps Rs 1.89 cr fine on 21 entities for fraudulent trading in Sarang Chemicals' shares
Penalties levied by the regulator on the entities are in the range of Rs 2 lakh-Rs 20 lakh, for flouting market norms.
Telecom gear maker ITI to invest Rs 150 cr to boost solar panel capacity
The company is expecting at least Rs 500 crore from the government in the next fiscal for meeting its various capital expenditure (capex) requirements.
Sell Mahindra & Mahindra, price target Rs 515: CK Narayan
The analyst suggested a stoploss at Rs 540.
Large part of Rs 2K-cr borrowings to come from overseas for AAI
The Airports Authority of India (AAI) is set to tap capital from overseas in the next fiscal to fund its airport development projects, a top official told ET, in what is perhaps the first time it would raise money abroad.
RBI to sell & purchase bonds worth Rs 10,000 crore each on Monday
The Reserve Bank of India (RBI) on Thursday announced simultaneous purchase and sale of government securities through special open market op...
Force Motors plans Rs 600-cr capex to develop 2 new models
The BSVI-compliant vehicle will also be available in electric and CNG versions and has been developed over the past four years at an investment of Rs 1,000 crore. The company is building an entirely new bodyshop with robotic and laser-welding facilities with an installed capacity of 35,000 units for T1N, which will be an 18-seater van that boasts of 25 industry-first features.
Bharti Realty ties up with Asthetic Township to build commercial project in Gurugram at Rs 350 cr
Asthetic Township Developers Pvt Ltd owns nearly 3 acres of licensed land parcel in Sector 27, Gurugram, while Bharti Realty will develop the commercial project under the real estate asset management model. The project is located centrally between IFFCO Chowk and Huda metro stations, amid the residential hub and current business districts of Gurugram.
Three expressways/green corridors to be completed in 3 yrs; 22 to be built at Rs 3 L cr: Nitin Gadkari
"We will complete the flagship Delhi Mumbai Express Highway in the next three years. The work will be done in 51 packages and work has already been started on 18. This will be India's longest expressway at 1,320 km and will reduce travel time between Delhi and Mumbai from 24 hours to 13 hours," the road transport and highways minister said.
'Tanhaji' enters Rs 200 cr-club, becomes Ajay Devgn's highest-grossing film
The movie earned another title of the 'first non-holiday success story of 2020'.
Bhutani Infra gives Rs 500 cr contract to BL Kashyap Ltd to construct commercial project in Noida
Realty firm Bhutani Infra on Saturday said it has given a Rs 500 crore contract to BL Kashyap and Sons Ltd for development of a commercial project in Noida, Uttar Pradesh.
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