The government has awarded contracts worth over Rs 1.09 lakh crore for two- and four-laning of national highways in Madhya Pradesh, Rajasthan, Chhattisgarh, Maharashtra, Odisha and Jharkhand since 2014-15, Parliament was told on Monday.
GVK Power & Infrastructure hit a 52-week high of Rs 11.70, extending its Friday’s 20% surge on the National Stock Exchange (NSE), after Equity Intelligence India Private Limited bought an over 1% stake in the company through open market purchases.
Fourteen under construction hydro power projects of above 25 Mw have been stalled due to various reasons, leading to cost overrun of Rs 25,593.78 crore, the government said on Monday.
State-owned Coal India will close down high-risk mines that are beyond mitigation, Parliament was informed on Monday.
The country’s crude oil output rose 0.24 per cent and natural gas production was up 4.04 per cent in the June quarter of 2017 due to a push from state-run companies like Oil and Natural Gas Corporation (ONGC) and Oil India (OIL).
Honourable Members, I would like to acknowledge my deep gratitude and appreciation to Honourable Speaker and the Honourable Chairman, Rajya Sabha and Honourable Members of Parliament for organizing this farewell ceremony on the eve of my demitting office as the 13th President of the Republic of India.
Ahead of a proposed merger with Shriram Group, IDFC’s infrastructure lending arm is planning to raise Rs 1,500 crore of bonds and Rs 400 crore of commercial papers.
State-owned Engineers India’s (EIL) Rs 658.80 crore share buyback will open on July 25 and close on August 7.
The news of Indraprastha Gas (IGL) getting a go ahead from the Haryana government to operate its city gas distribution (CGD) network in Gurugram led to more gains on the bourses.
Reliance Industries is paying 6 per cent more price to buy coal-bed methane gas from its own block in Madhya Pradesh in the second quarter of current fiscal, the company said in an investor presentation.