IRB Infra emerges lowest bidder for Jaipur to Deoli Section of NH12 project

Engineering and construction firm, IRB Infrastructure Developers has emerged as a lowest bidder for a project from National Highways Authority of India (NHAI). The project envisages design, engineering, finance, construction, operation and maintenance of Jaipur to Deoli Section of NH12 from km 18.700 to km 165 in Rajasthan under NHDP Phase III on BOT Basis. … Read more IRB Infra emerges lowest bidder for Jaipur to Deoli Section of NH12 project

Tech Mahindra to raise fresh funds from institutional investors

IT firm Tech Mahindra is looking to raise fresh funds by issuing up to 1.36 crore equity shares to institutional investors through private placement or qualified institutional placement (QIP) route. The total size of the issue is not made public by the company but as per its Monday’s closing price of Rs 740.15 a share … Read more Tech Mahindra to raise fresh funds from institutional investors

Delhi LED Dsiplay Advertisement to MIC Electronics

MIC Electronics has been awarded the rights for display of advertisements through 50 LED True colour display systems in the select market areas under the jurisdiction of Municipal Corporation of Delhi. The proposed contract is for a period of 5 years, extendable for another 2 years. Established in 1986, MIC Electronics is a pioneer in … Read more Delhi LED Dsiplay Advertisement to MIC Electronics

IRDA to define pre-existing illness for Customer’s benefit

Indian regulators always wake up after consumer complain and shout of injustice. Likewise, IRDA is no exception. located at Mumbai and Thane have observed a surge in disputes over medical insurance claims because insurance companies are rejecting claims on the basis of ‘pre-existing illnesses’. As per the regulation, when an applicant takes a medical insurance … Read more IRDA to define pre-existing illness for Customer’s benefit

Jindal Saw wins orders from domestic & overseas mkts

Jindal Saw (JSL), part of the fourth largest industrial house in India Jindal Group, has said that it has received orders for supply of large diameter pipes and ductile iron pipes from domestic as well as overseas customers, valued at over Rs 1,000 crore. The domestic orders have been received from state-run Gas Authority of … Read more Jindal Saw wins orders from domestic & overseas mkts