SMPL Infra bags Orders worth Rs883Cr, Stock Up

Leading Infrastructure Company SMPL Infra Ltd said it secured four new orders consisting of water supply & irrigation projects worth Rs883.00-Crore from Gujarat, Manipur and Punjab. The order received from Gujrat is worth Rs723crore for the implementation of Phase-III of Read more

NHB gives clean chit on DHFL, Stock surge

Shares of Dewan Housing Finance Limited (DHFL) rose near 7% intraday after media reports suggested that the National Housing Bank (NHB), a wholly owned subsidiary of RBI, completed its inspection of DHFL’s book last week and found no major deviation. Read more

Dilip Buildcon Wins On NHAI Project, Shares Spurt

Shares of Dilip Buildcon Limited (DBL) jumped over 6percnet on Monday, on the BSE and NSE after the construction company emerged as the lowest bidder for road project in Maharashtra, of National Highway Authority of India (NHAI). In a filing to the Read more

Ashoka Buildcon rises after JV emerges as L-1 for rail project

Infrastructure Company Ashoka Buildcon Limited has submitted Bid to Rail Vikas Nigam Limited in Joint Venture (JV) with Stroytech Services LLC.  Post submission, the company today (Tuesday) said that its JV has emerged as the lowest bidder for Rs443.23-crore worth railway project Read more

The Bank Stock Up after RBI lifted the lending curbs

Shares in Corporation Bank, Allahabad Bank and Dhanlaxmi Bank surged in early morning deals after the RBI took them out of the PCA framework and permitted them to resurrect normal lending activities and expansion of businesses. However, the relaxation is conditional Read more

Reliance group shares rise on report of deal with banks on pledges

Shares of Dhirubhai Ambani Group advanced on Monday after media reports suggested that the group may have reached an in-principle understanding with more than 90% of its lenders concerning sale of shares. As per reports, the lenders to Dhirubhai Ambani Group have agreed Read more