Stocks in News
Arvind SmartSpaces: The company raises Rs 85 crore from HDFC Capital Affordable Real Estate Fund-1 (H-CARE 1) and promoters at a price of Rs 124 per share.
JMC Projects (India): CARE has upgraded the rating of long term bank facilities & non-convertible debentures of the company as 'AA-'; Stable from 'A+'; Stable. Further, it has upgraded the rating of short term bank facilities of the company as 'A1+' from 'A1'.
Hinduja Global Solutions: Crown Commercial Services (CCS) Framework renewed the company's approval to supply contact centre and business services solutions on the CCS Framework in the UK.
Reliance Infrastructure: The company won arbitration award against Delhi Metro Rail Corporation (DMRC). The Supreme Court directed DMRC to pay damages of Rs 2,950 crore plus interest upto the date of payment to Reliance Infrastructure promoted Delhi Airport Metro Express Private Limited (DAMEPL). The proceeds from the arbitral award will be utilized for debt reduction.
Prakash Industries: The company has been declared as successful bidder in respect of Bhaskarpara Coal Mine in the 12th tranche of auction of coal mines.
Dilip Buildcon: Subsidiary Bangalore Malur Highways has received the financial closure from the National Highways Authority of India.
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