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HG Infra jumps 9 per cent on receiving LoA from NHAI for road project in Delhi

The project is in regard to the development of a 6-lane urban extension road (UER) – 2 –NH344 M, package 1 (From NH 1 to Karala-Kanjhawala road, km - 0+700to15+000) in the state of Delhi on an EPC mode. The estimated project cost is Rs 1,646.57 crore. HG Infra’s bid project cost is Rs 1,393.11 crore while the completion period stands at 2 years.

Armaan Madhani / Article rating: 3.0

HG Infra received a letter of acceptance (LoA) dated July 23, 2021 from National Highways Authority of India (NHAI) for a 15.7 km road project in Delhi. 

JSPL climbs over 3 per cent on introducing transparent competitive bidding process for JPL divestment

The company has planned to put minority shareholders’ interests at the forefront of the decision-making process and decided to launch an additional transparent competitive bidding process for the proposed stake sale of Jindal Power Limited (JPL).

Shreya Chaware / Article rating: 3.4

On Monday, Sensex & Nifty traded on a flat note at the start of the trading session. Jindal Steel & Power Limited (JSPL) caught investors' attention by zooming 4.12 per cent in the initial minutes of Monday's trading session. The company's introduction of a transparent competitive bidding process for JPL divestment has given a boost to the company's share price. 

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