The first consortium includes Afcons Infrastructure, IRCON International and JMC Projects, while the second group of companies include NCC, Tata Projects and J. Kumar Infra Projects.
LN Mittal, who is a frontrunner for acquiring a 51 per cent stake in Sesa Goa from Mitsui and has announced plans for projects in Jharkhand and Orissa worth Rs 40,000 crore each, is planning a $2 billion (Rs 8,600 crore) foundation.
'The win will change a lot of things in Praggu... the confidence in his potential will be one of them. The win has ensured a lot of visibility which will give him a lot of opportunities.'
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Technical rallies and short covering may arise only if the markets break this 500 point band
Firms generated free cash flows in 2013-14, for the first time since the 2008 Lehman crisis
'If Indians are as smart as their counterparts in university, and have equal opportunity, then what is the reason that we cannot produce inventions of quality that are recognised by the world?'
When it comes to key hands-on management positions, India Inc is still largely run by men.
Pharma shares extended losses after the government's ban on combination drugs.
ICICI Bank was the top Sensex gainer after S&P Global Ratings affirmed its 'BBB-' long-term issue ratings on the senior unsecured bonds.
The 30-share Sensex ended higher by 46 points at 26,360 and the 50-share Nifty gained 16 points at 7,891.
With the dizzying rise in the number of Covid-19 cases in the country, India Inc has transitioned from a wait-and-watch policy to full-on emergency mode, bringing back remote and flexi work, stringent safety protocols, and allowing only essential travel. Companies - especially in metros like Delhi, Mumbai and Kolkata - that had adopted a hybrid work model during the last few months when the caseload remained low, are either switching back entirely to work-from-home (WFH), or calling skeletal staff to office on select days. Take the case of cigarettes-to-hotels major, ITC, which had been on a hybrid work model over the last few months.
Kejriwal runs his party with the proverbial iron fist and has learnt to temper his aggression, say people close to him.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
A large chunk of the Rs 8.8 lakh crore of investments the Patnaik government had attracted is in uncertain territory.
TCS has done better than Infosys in sequential and yearly revenue growth so far this financial year.
CII, in a communication with the state industries department, cited it had a packed schedule for the year and the dates frozen for the Make in Odisha conclave clashed with a major national summit hosted by the industry body.
With his third draw in five games, the reigning world rapid champion remained in joint lead on 3.5 points and now shares the lead with Anish Giri of Holland and Shakhriyar Mamedyarov of Azerbaijan.
So far, nine companies have raised Rs 17,860 crore - nearly three times of last year's tally - by way of rights issues.
The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.
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The debt-equity ratio was as high as 1.4 times the net worth as certificates of deposit and inter-corporate deposits gained popularity.
Benchmark indices finished higher on hopes of economic reforms
The recovery was led by information technology exporters.
No capital came in through the approval route, while the rest of $9,86,681 was by way of issuance of rupee denominated bonds.
In the broader markets, the BSE Midcap and Smallcap indices extended gains and were up over 1% each
Arvind Kejriwal, engineer, civil servant and Delhi's man with a development agenda, is the David who slayed the government's Goliath.
The broader NSE Nifty scaled a high of 10,856.55 before closing up by 55.90 points, or 0.52 per cent
'In investing, you have to first make sure you don't make big mistakes.' 'I would advise small investors to be systematic, don't be arbitrary; don't be on either end of the risk spectrum.' 'Don't go from fixed deposit to option trading or crypto trading.'
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
With a net worth of $12.6 billion, Mistry is well known for constructing some of Mumbai's landmarks such as the Reserve Bank of India headquarters, The Taj Mahal Palace and Towers, and the Oberoi Hotels
Hemant Shivsaran lists the number of projects the Modi government has announced since August to woo Gujarat voters.
Indian chess great Viswanathan Anand sees signs of greatness in Nihal Sarin but says it's a long journey ahead for the impressive 14-year-old since there has been a trend of players struggling to replicate success as they age.
From 5G to Tesla to Covid vaccine, 10 things will shape India's future.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers' stock market queries. Ajit will offer his unbiased views on a weekly basis
Sensex closed the day 416 points higher.
As many as 52 Indian companies raised money from external sources in October, of which $719.52 million was raised through automatic route for which no approval is required from the Reserve Bank of India or the government.
An increase in sales across all categories in the automobile industry, has made need for higher working capital inevitable.
'The entire government-owned banking system (excluding SBI) is now in the red.' 'But worse is to come,' warns T N Ninan.
Viswanathan Anand's woes in the Grenke Chess Classic continued as the five times world champion blundered yet again and went down to Levon Aornian of Armenia in the fifth round that concluded in Baden-Baden in Germany.
