Larsen and Toubro arm bags Large order, stock in green Larsen and Toubro arm bags Large order, stock in green DSIJ Intelligence / Wednesday, March 6, 2019 0 1251 Article rating: 5.0 Larsen & Toubro’s arm, L&T Construction’s Heavy Civil Infrastructure Business has bagged a large order that is between Rs. 2,500 to Rs. 5,000 from Bangalore Metro Rail Corporation. Read more
Two patents granted to Newgen Software Two patents granted to Newgen Software Apurva Joshi / Wednesday, March 6, 2019 0 1899 Article rating: 4.3 Newgen Software Technologies has received patents for its inventions from the Indian Patent Office. These patents will help the company expand the reach of its products. Read more
Edelweiss: CDPQ to invest US$250 million in NBFC arm Edelweiss: CDPQ to invest US$250 million in NBFC arm DSIJ Intelligence / Wednesday, March 6, 2019 0 908 Article rating: 3.8 CDPQ, a Canadian institutional investor, plans to invest approximately Rs. 1,800 crore or US$ 250 million in Edelweiss's credit business. CDPQ will invest the amount in ECL Finance in three tranches. Read more
Grasim Industries to acquire Soktas India Grasim Industries to acquire Soktas India Apurva Joshi / Wednesday, March 6, 2019 0 1426 Article rating: 5.0 Grasim Industries is set to acquire 100 per cent equity shareholding of Soktas India Private Limited (SIPL) from its current promoters for an enterprise value of Rs. 165 crores. This acquisition is compatible with Grasim’s linen business. Read more
DHFL surges up by 13 per cent DHFL surges up by 13 per cent DSIJ Intelligence / Wednesday, March 6, 2019 0 1154 Article rating: 4.3 The stock of housing finance major was buzzing in Wednesday's early morning session as the company informed that an independent audit firm found no evidence of shell companies being promoted by DHFL. Read more