Company News

Kalpataru Power gets order worth Rs 373 crore

Kalpataru Power gets order worth Rs 373 croreKalpataru Power Tran

Dunlop India announces reopening of Sahagunj plant

Dunlop India announces reopening of Sahagunj plantDunlop India is likely to resume operations at its tyre manufacturing plant at Sahagunj from March 6 after halting the production activities for more than three months.

About 229 workers out of the total 1,189 workers from the maintenance and engineering division have been called back to restart the operations at the major plant mainly for maintenance and refurbishment of the company. However, the company is unlikely to reopen the Ambattur unit in Tamil Nadu.

Parsvnath Developers launches ‘Affordable Residential Project’ in Lucknow

Parsvnath Developers launches ‘Affordable Residential Project’ in LucknowParsvnath Developers Limited (PDL), a New Delhi-based real estate developer, has notified that it has finally launched Parsvnath Royale Floors, an affordable residential project as part of its integrated township plans in Lucknow.

Under the latest project, the company offers 2, 3 and 4 bedroom units in a price range of Rs 13.95 lakh to Rs 27.50 lakh.

Tata Motors inks deal with Punjab National Bank

Tata Motors inks deal with Punjab National BankTata Motors, India's largest passenger automobile and commercial vehicle manufacturing company, has informed that it has joined hands with public sector lender Punjab National Bank (PNB) for financing its entire range of passenger cars.

The latest tie-up will provide a single window for both cars as well as car loans and will make car buying easier for customers.

The lender offers car loans up to 90 per cent of invoice for tenure ranging up to seven years at a rate of 10.5 per cent to 11 per cent.

Areva T&D bags order worth Rs 60 crore; stock soars 4%

Areva T&D bags order worth Rs 60 crore; stock soars 4%Areva T&D India Ltd, the Indian arm of French energy firm Areva SA has signed a contract worth Rs 60 crore for Hybrid Gas-Insulated Substation with Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for Indira Gandhi Nagar substation (Jagatpura) at Jaipur.

A company official said, that this is the first 145 kV hybrid GIS order for AREVA T&D in India and only the second order of its kind in the country.

IVRCL Infra wins seven various projects worth Rs 670 crore

IVRCL Infra wins seven various projects worth Rs 670 croreHyderabad-based IVRCL Infrastructures and Projects Ltd (IVRCL) has notified that it has bagged seven projects worth Rs 670.03 crore from different agencies for construction related works.

The company picked first order worth Rs 332.55 crore from Narmada Development Division in Madhya Pradesh for the execution of Lower Goi project in the state.

Under the project, the company will construct dam, canals and its distribution network for irrigation purpose in the state in a period of four years.

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