Day: March 10, 2021

Indian Oil Corp, IDCO sign MoU for Paradip Plastic Park in Odisha

NEW DELHI: Indian Oil Corporation Limited (IOCL) and Odisha Industrial Infrastructure Development Corporation (IDCO) today signed an agreement and a Memorandum of Understanding (MOU) to developParadip Plastic Park. The MoU was signed on a hybrid mode, in the presence of Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan, Naveen Patnaik, Chief Minister of […]

Indian Navy signs contract with Suryadipta Projects for 11 ACTCM barges

NEW DELHI: The Indian Navy has signed a contract with Suryadipta Projects to construct 11 ammunition-cum-torpedo-cum-missile (ACTCM) barges, said an official statement on Tuesday. A contract for construction & delivery of Eleven Ammunition Cum Torpedo Cum Missile (ACTCM) Barges has been concluded with M/s Suryadipta Projects Private Limited, Thane, an MSME on 05 March 2021. […]

Magma Fincorp shareholders approve 60% acquisition by Poonawalla-led firm

NEW DELHI: Non-banking finance company Magma Fincorp Ltd (Magma) on Tuesday said its shareholders have approved the company’s plan to raise up to Rs 3,456 crore by issuing preference equity shares to Adar Poonawalla-controlled Rising Sun Holdings Ltd (RSHPL) and two members from the promoter group. The members of the company approved with requisite majority […]

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