Posts in category Business Standard
Bharat Electronics secures orders worth Rs 3,653 cr (28-06-2024)
Bharat Electronics (BEL), has signed a contract valued at Rs.3,172 crore with Armoured Vehicles Nigam (AVNL) on 28 June 2024, at AVNL Headquarters in Chennai. The project entails the supply and installation of an advanced, indigenously designed and developed Sighting and Fire Control System (FCS) for the upgrade of BMP 2/2K Tanks of the Indian Army, along with a comprehensive Engineering Support Package.
Tide Water Oil Co. appoints Sourav Ganguly as brand ambassador of Veedol (28-06-2024)
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eMudhra announces acquisition of New Jersey-based TWO95 International Inc. (28-06-2024)
TWO95 International Inc (TWO95) is based in New Jersey, USA. TWO95 has been engaged in technology solutions and services relating to digital transformation and has been in operations since 2009 with a focus on Healthcare, Utilities, Financial Services and Government. The revenue from digital transformation and cyber security services during the year ended December 31, 2023 amounted to USD 7.6 million.
Blue Cloud Softech Solutions forays into affordable healthcare space (28-06-2024)
Deploys its flagship Healthcare AIOT Product - 'Truhealthz' in ESI Primary Healthcare Centres in Assam State
Zydus and Dr Reddy’s ink licensing agreement to co-market Pertuzumab in India (28-06-2024)
Zydus Lifesciences and Dr. Reddy's Laboratories announced the execution of a licensing agreement to co-market Pertuzumab biosimilar in India.
Crompton Greaves Consumer Electricals allots 6,143 equity shares under ESOP (28-06-2024)
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Investor subscribe Vraj Iron IPO 119 times of offer size on last day (28-06-2024)
The initial public offer of Vraj Iron and Steel got subscribed 119 times on the last day of bidding on Friday helped by heavy participation from institutional investors.
The Rs 171-crore initial share sale received bids for 73,07,13,312 shares against 61,38,462 shares on offer, as per NSE data.
The quota for non-institutional investors received a whopping 208.81 times subscription, while Qualified Institutional Buyers (QIBs) part got subscribed 163.90 times. The category for Retail Individual Investors (RIIs) fetched 54.93 times subscription.
Vraj Iron and Steel on Tuesday said it raised a little over Rs 51 crore from anchor investors.
The IPO is entirely a fresh issue of equity shares with no offer-for-sale component.
Shares were available for public subscription in the range of Rs 195 to Rs 207 per scrip.
The company will use the IPO proceeds for expansion projects at the Bilaspur facility in Chhattisgarh and general corporate purposes.
Raipur-based Vraj Iron and Steel is into
Godawari Power & Ispat invests further Rs 18.89 cr in Alok Ferro Alloys (28-06-2024)
Consequent upon said allotment of 1,88,96,100 equity shares by AFAL, GPIL's holding in AFAL has increased from 78.96% to 88.34% in the enhanced equity capital of AFAL with effect from 27 June 2024.
Sensex six-day winning run ends, drops by 210 points; Nifty down by 34 (28-06-2024)
The Nifty closed at 24,011, down 34 points, or 0.14 per cent, as gains in Reliance Industries (RIL) were offset by losses in banking
Udupi Cochin Shipyard wins order of Rs 1,100 cr (28-06-2024)
From Wilson ASA, Norway