NCC hit 52-week high of Rs 115, up 6% on the BSE in early morning trade on back of heavy volumes after the company said consortium formed by it and BGR Infra has bagged coal mine project from NTPC to develop and operate around Rs 25,071 crore coal block in Chhattisgarh.
The Euro-VI grade petrol and diesel will be supplied to the national capital by three oil PSUs from their refineries at Mathura, Bina and Bhatinda from April to help it fight the alarming levels of air pollution.
NCC rose 2.97% to Rs 110.95 at 9:35 IST on BSE after the company said its consortium with BGR Mining & Infra has received mine development contract from NTPC.
The Indian Railways has decided to go ahead with its global tender for rails despite stiff opposition from the steel ministry, which had flagged the government’s policy of giving preference to domestic manufactured iron and steel for government procurement.
With crude oil going above $60 a barrel and the Organisation of the Petroleum Exporting Countries (OPEC) expected to extend ouput cuts later this month, the Indian government faces a difficult decision to renew the excise reduction on transport fuels in this election season.
Reliance Industries on Tuesday said it has raised $800 million by selling 10-year bonds – the first offering since Moody’s raised India’s sovereign rating.
India is considering regulatory changes to let power companies pass on costs of installing emission-cutting equipment to consumers, a government official said, a politically sensitive proposal amid rising pollution in big cities.
Reliance Industries gained over 2% on Tuesday and was the top index gainer after the company hit the overseas debt market with a $800-million bond sale programne as it seeks to pare a portion of its high cost debt that stands at over Rs 2.14 lakh crore.
The overseas arm of Oil and Natural Gas Corporation ONGC Videsh will acquire 15 percent stake in offshore Namibia block from Tullow Oil.
Nagaland, Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu Sign MoU With Government Of India Under UDAY Scheme
On the 2nd Anniversary of Ujwal DISCOM Assurance Yojana (UDAY), the Government of India signed four Memorandum of Understanding (MoU) under the Scheme with the State of Nagaland.