Max Healthcare Institute Ltd. (MHIL) said that it has acquired exclusive rights to help in the development and provide medical services to a 500-bed children’s hospital to be built in South Delhi. The Indian private healthcare provider has bagged the rights through its fully-owned subsidiary — Alps Hospital Limited, which in turn got them through […]
Bharat Heavy Electricals Limited (BHEL) has inaugurated a solar electric vehicle (EV) charging station at Karna Lake Resort in Karnal, Haryana. According to BHEL, the EV charging station is located strategically at the midpoint of the Delhi-Chandigarh highway. It is equipped to serve all types of electric cars that are presently on the road in […]
Reliance Jio Infocomm (RJIL) has closed its previously announced deal with Bharti Airtel for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh (2 x 3.75 MHz), Delhi (2 x 1.25 MHz), and Mumbai (2 x 2.5 MHz) circles. As per the deal signed in April 2021, the Reliance subsidiary has […]
Capital India Financial Limited (CIFL), an Indian finance conglomerate, has invested $25 million in education lending fintech platform Credenc to add another business to its portfolio. The investment, which will be made in mixed equity and debt, is said to align with Capital India’s objective to make digital financial products and services available to customers […]
NBCC (India) Limited (formerly National Buildings Construction Corporation), an Indian government-owned enterprise, said that it has bagged five orders with a combined worth of around INR 321.5 crores ($43 million). The biggest of the orders is worth INR 189.53 crores from Varindera Constructions Limited. It involves the redevelopment of GPRA colony in Sarojini Nagar, New […]
ITO Cementation India Limited, a Mumbai-based construction engineering company, said that it has bagged a couple of orders with a combined worth of INR 585 crore. The first order is from Gujarat Metro Rail Corporation Limited. Under this contract, ITO Cementation India will be responsible for the development and construction of Dream City Depot. According […]
RattanIndia Enterprises claimed that its subsidiary Revolt Motors, a next gen-mobility company, has closed new bookings of its RV400 electric motorcycle in less than two hours on the latter’s website. Revolt Motors is said to have sold INR 50 crores worth of RV400s during the flash sale to buyers from Delhi, Mumbai, Pune, Chennai, Hyderabad, […]
New Delhi-based Newgen Software Technologies Limited said that some of its promoters have sold a total of 10.57% stake in the company to a consortium of institutional investors at Rs 454 per share. The sale of the stake was announced by the company’s chairman and managing director Diwakar Nigam and its whole time director T […]
Confidence Futuristic Energetech Ltd. said that its CEO Jarugula Siva Prasad has put down his papers because of pre occupancy and personal reason. The Indian LPG retailer company said that there is no any material reason for Jarugula Siva Prasad’s resignation. In a filing to the BSE, Confidence Futuristic Energetech, stated: “This is to inform […]
Reliance Jio Infocomm (RJIL) has signed a spectrum trading deal with Bharti Airtel for acquiring the right to use spectrum in the 800MHz band in Andhra Pradesh, Mumbai, and Delhi circles for an amount of INR14.97 billion ($200 million). The trading deal is in compliance with the spectrum trading guidelines defined by the Indian Department […]