business

GMR Infrastructure Ltd has informed BSE that GMR Holdings Pvt Ltd (‘GHPL’), promoter and holding Company of GMR Infrastructure Ltd (‘the Company’) has purchased 5,65,000 Equity Shares of Rs 2/- each on February 04, 2009 through open market purchase in normal segment on the Stock Exchanges. Consequent to the aforesaid acquisition of 5,65,000 Equity Shares, … Read more GMR Infrastructure – Promotrs BUY 5.65 lakh shares

Following a directive by the Securities and Exchange Board of India (SEBI), Hyderabad-based Maytas Infra has announced the pledging of shares by the company’s promoters that include three members of the Raju family who are also promoters of the fraud-ridden Satyam Computer Services. As per the disclosure, Ramalinga Raju, the former chairman of Satyam, has … Read more Maytas Infra discloses pledging of stake by Rajus

Bharat Heavy Electricals has bagged four contracts to the tune of Rs 7,000 crore from various producers for the supply and installation of equipment for thermal power projects. The contracts were placed by NTPC, NLC Tamil Nadu Power (NTPL) and Mahagenco. NTPC has placed two orders of steam generator packages for the Super Thermal Power … Read more BHEL bags four contracts totaling to Rs 7,000 cr

State owned BEML has bagged an order from Bangalore’s Namma Metro project modelled on the liens of Delhi metro. Details awaited. The prestigious order from Bangalore Metro Rail Corporation (BMRCL) is for the supply of 150 metro coaches valued around Rs 1672.50 crore. The company is also likely to get an additional order for 63 … Read more BEML Bags Bangalore Metro Orders

Parsvnath Hotels, a subsidiary of India’s leading real estate and infrastructure company Parsvnath Developers (PDL), has received 5 star category project approval from the Union ministry of tourism for its hotel project at Hyderabad. The construction of the hotel is undertaken by Parsvnath Hotels which is expected to be operational by late 2011. The hotel … Read more Parsvnath 5 star Hotel project in Hydrabad