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JSW Energy: The company's unit, JSW Neo Energy, received a letter of award from Solar Energy Corp for an additional 500 MW of wind capacity.
Anup Engineering: The company entered into a pact to acquire a 100% stake in Mabel
Engineering.
RailTel Corp: The company received a work order worth Rs 130 crore from the Bihar Education
Project Council.
KPIGreen: emerges as successful bidder for 100MWAC Solar Power Project at Maharashtra State Power Generation Co (MAHAGENCO)
TorrentPower: receives Letter Of Award for setting up of 300 MW Wind Solar Hybrid Projects with tariff of Rs 3.65/kWh. The contract period shall be 25 years
ZydusLife: receives final US FDA Approval and 180 days Competitive Generic Therapy Exclusivity for Finasteride and Tadalafil Cap Capsules which are used to treat benign prostatic hyperplasia
DroneAcharya secures: contract to supply IT hardware for the Indian Army's drone lab in J&K
HAL: gets ₹2,890 crore order from Defence ministry for mid life upgrade of 25 dornier aircraft of Indian Navy
NHPC: wins bid for 200 MW solar power project in Gujarat
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STOCKS IN ACTION 18 MARCH
Life Insurance Corp: The government has approved a 17% overall hike in wages for more than 1.10 lakh employees of the insurance giant.
ITC: The company entered into a share purchase agreement with its arm, Russell Credit, to acquire a 45.36% stake in International Travel House.
Asset Management Companies: Mutual funds reported their stress test results on Friday, following the market regulator's concern about "forth" in the mid- and small-cap space.
Zee Entertainment: The company's Managing Director and Chief Executive Officer, Punit Goenka, streamlined the technology and data vertical.
Gujarat Gas: The company has invited expressions of interest from ceramic customers for the purchase of natural gas.
Hindustan Aeronautics: The company signed a contract worth Rs 2,890 crore with the Ministry of Defence for the mid-life upgrade of 25 Dornier aircraft along with associated equipment for the Indian Navy.
Jindal Stainless: The company supplied stainless steel for India's first underwater metro line in Kolkata. This landmark project is worth Rs 4,965 crore.
Rail Vikas Nigam: The company received a Letter of Acceptance worth Rs 339 crore from Maharashtra Metro Rail for the design and construction of the Pune Metro Rail Project.
Punjab National Bank: The bank, in its EGM, approved raising equity capital of up to R$ 7,500 crore through qualified institutional placements or any other permitted mode or a combination.
Brigade Enterprises: The company announced the launch of BuzzWorks in Bengaluru. BuzzWorks introduces flexible and managed workspace solutions to cater to the evolving needs of modern businesses.
Metro Brands: The company received an NCLT nod to demerge Metro Athleisure from the company.
Housing & Urban Development Corp.: The company will consider fundraising up to Rs 40,000
crore in bonds or debentures on March 20.
Dish TV India: The company appointed Manoj Dobhal as axecutive director, effective Friday.
ICICI Prudential: The company redesignated Sandeep Batra as chairman of the board, effective
June 30.
Aditya Birla Fashion: The company received a no-objection observation from NSE and BSE for a merger with TCNS Clothing.
Crompton Greaves: The company received a patent for a linear node tubular lighting system for 20 years.
Lupin: The USFDA inspected the company's manufacturing facility in Aurangabad from March 6
to March 15, 2024, and closed with the issuance of a Form 483 with one observation.
CSB Bank: The company appointed BK Divakara as executive director for three years, effective
Friday.
SJVN: The company received a letter of intent from Gujarat Urja Vikas Nigam for a 200 MW solar project.
Vinati Organics: The Finance Ministry imposed an anti-dumping duty on the import of 'Para-Tertiary Butyl Phenol' for five years.
Star Health and Allied Insurance: The company has been granted registration as an IFSC
Insurance Office for setting up a branch office in Gujarat.
KSB: The company received a letter of award of Rs 63.22 crore for a for a contract for 2500 solar water pumping systems under the PM-Kusum I|I Scheme.
Omaxe: The company has acquired 34.55% of Secure Properties Pvt.'s equity shares and subscribed 35% of 'Omaxe be Together Amausi Busport' and 'Omaxe be Together Ayodhya Dham Busport', making them associate companies.
Amber Enterprises: The company announced the incorporation of a wholly owned subsidiary, AT
Railway Sub Systems, to specialise in manufacturing railway components and sub-systems for the rolling stock industry in India and overseas.
GTPL Hathway: The company has completed the acquisition of Metro Cast Network India, increasing its holding from 34.34% to 50.10%.
Ashoka Buildcon: The company acquired 4.9 crore shares of GVR Ashoka Chennai ORR from GVR
Infra Projects. It will further acquire a total of 9.5 crore shares in GVR Ashoka Chennai ORR.
IRCON International: The company received a Letter of Acceptance for the construction of a twintube unidirectional tunnel in Mizoram for Rs 631 crore.
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