Power Grid bags 5 electricity transmission projectsPower GridPower Grid bags 5 electricity transmission projects

The state-owned Power Grid Corporation announced that it had won five inter-state electricity transmission projects through a tariff-based competitive bidding process. According to a BSE filing, the company will build, own, operate, and transfer (BOOT) the inter-state transmission system for the aforementioned projects. The first transmission network expansion project in Gujarat is for the establishment

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MIDHANI gains on signing 11 MoUs in Aero India 2023

Mishra Dhatu Nigam (MIDHANI) increased 2.20% to Rs 197.05 after the company announced the signing of eleven memorandums of understanding (MoUs) with various organisations during Aero India 2023. MIDHANI signed MoUs with Hindustan Aeronautics, Nashik, Hindustan Aeronautics, Koraput, Hindustan Shipyard (HSL), Visakhapatnam, Weispun Speciality steels, Micron Instruments, Chandigarh, Jay Jagadamba, Mumbai, Bay Forge, Chennai, Oorja

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UltraTech Cement rises after commissioning new cement capacities

UltraTech Cement rose 2.50% to Rs 7,348.85 after the company announced the commissioning of cement capacities in Chhattisgarh and Odisha. The cement company announced the commissioning of 1.30 million tonnes per annum (mtpa) brownfield cement capacity at Hirmi in Chhattisgarh. It has also started up a 2.80 mtpa greenfield grinding capacity in Cuttack, Odisha. According

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Shalby Academy signs MoU with IIPH, Gandhinagar

Shalby Academy, Shalby Ltd’s healthcare education division, signed a Memorandum of Understanding (MOU) with the Indian Institute of Public Health University (IIPH), Gandhinagar, Gujarat, to jointly develop and run a one-year Advance Management Program in Hospital Leadership, for capacity building of Healthcare Professionals in India and abroad, using the University’s and Shalby Academy’s LMS platform.

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Engineers India and Oil India have signed MoU

Oil India and Engineers India signed a Memorandum of Understanding (MoA). The MoA envisions Oil India engaging EIL to conduct niche technological studies and feasibility reports for the Upstream, Midstream, and Downstream value chains, including HSE aspects pertaining to statutory and regulatory compliances.

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PTC Industries subsidiary bags contract from Safran Aircraft Engines

PTC Industries was locked in a 10% upper circuit at Rs 2832.95 after the company announced that its subsidiary had won a contract from Safran Aircraft to supply Titanium cast components for aero engines. Aerolloy Technologies (ATL), a wholly owned subsidiary of PTC Industries, is a manufacturer of strategic and critical materials, as well as

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Zydus has received USFDA approval for Sirolimus Tablets

The United States Food and Drug Administration (USFDA) has granted final approval to Zydus Lifesciences for Sirolimus Tablets, 1 mg and 2 mg (USRLD: Rapamune Tablets). Rapamune is an anti-rejection medication used to prevent rejection in people 13 and older who have received a kidney transplant. It is also used to treat lymphangioleiomyomatosis, a rare

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RPP Infra spurts on bagging new orders

RPP Infra Projects rose 9.88% to Rs 45.05 after receiving new orders totaling Rs 183.59 crore for the construction of integrated storm water drain works in M1 and M2 components in Chennai’s Kovalam basin. The first order was for Rs 59.92 crore for construction work in the Kovalam basin in expanded areas under Greater Chennai

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