SJVN Limited, a joint venture between the Government of India and the Government of Himachal Pradesh, signed a Memorandum of Understanding (MoU) with the Energy Department of Rajasthan on November 21, 2024. The MoU focuses on advancing renewable energy development in the state. MoU Highlights Parties Involved: SJVN Limited Energy Department, Government of Rajasthan Signatories:…
Tata Powe On November 21, 2024, at the Climate Conference (COP29) in Baku, Azerbaijan, Tata Power and the Asian Development Bank (ADB) signed a Memorandum of Understanding (MoU) to explore financing options for Tata Power’s strategic energy projects. The initiatives, with an estimated cost of $4.25 billion, aim to: Enhance India’s power infrastructure Expand renewable…
On November 22, 2024, VIP Industries Limited responded to a news on November 21, 2024. The article, titled “VIP Ind up 7% on reports Advent Int’l may acquire controlling stake,” suggested that private equity firm Advent International might acquire a controlling stake in VIP Industries. The report triggered a notable rise in the company’s stock…
The Board of Directors of Wipro Limited approved a bonus share issue on October 17, 2024, followed by shareholder approval via a remote e-voting process on November 21, 2024. Bonus Share RatioThe bonus shares will be issued at a 1:1 ratio, meaning shareholders will receive one bonus share for every existing share held. Eligible shareholders…
Afcons Infrastructure Limited has been awarded a major infrastructure project, marking a significant achievement for the company. Below are the key details: Award Announcement:Afcons received a Letter of Acceptance on November 21, 2024, from the Uttarakhand Project Development and Construction Corporation Ltd. This confirms their role in constructing the 130.6-meter-high concrete gravity dam and appurtenant…
In a significant legal development, the United States Department of Justice and the US Securities and Exchange Commission (SEC) have filed both a criminal indictment and a civil complaint against Gautam Adani and two other directors of Adani Green Energy Limited. The charges have been filed in the US District Court for the Eastern District…
BEML Limited, a public sector enterprise under the Ministry of Defence, has secured a major order worth ₹246.78 crore from Central Coalfields Limited (CCL), marking a significant achievement for the company in the mining sector. Key Highlights: Order Details: BEML will supply 48 BH60M Rear Dump Trucks to CCL, along with spares, consumables, and after-sales…
The Memorandum of Agreement (MoA) between Tata Technologies Limited (TTL) and the Government of Tripura, based on the provided sources: Parties Involved: On November 20, 2024, Tata Technologies Limited (TTL) signed a Memorandum of Agreement (MoA) with the Department of Industries & Commerce, Government of Tripura. Project Objective: The MoA is for an ITI Upgrade…
NSE:NBCC Rs.88.09% On November 21, 2024, NBCC (India) Limited announced that it has received a work order as part of its regular business activities. The order pertains to Project Management Consultancy (PMC) services for the construction of the Unity Mall (PM-Ekta Mall) in Jaipur, Rajasthan. The project is being undertaken for the Rajasthan State Industrial…
Incorporated in May 1996, Hyundai Motor India Limited is a part of the Hyundai Motor Group, which is the third largest auto original equipment manufacturer in the world based on passenger vehicle sales. Hyundai Motor India Limited’s investment in renewable energy, based on the sources provided: Partnership Overview: Hyundai Motor India has entered into an…