Update "Win Contract for Water & Effluent Treatment Business" The Water & Effluent Treatment business of L&T Construction (arm of Larsen & Toubro Ltd) has secured a repeat order from the Department of Water Resources (Government of Odisha) to execute a “Pressurized Underground Pipeline Irrigation Network System” for the Right Command of Lower Suktel Irrigation Project. The project involves Survey, Design, Engineering, Supply, Laying, Installation, and Commissioning of
Update "Approval for Disbursement of PLI Incentives" Padget Electronics Private Limited, known as “Padget Electronics” (a wholly owned subsidiary of Dixon Technologies (India) Limited) has received approval for disbursement of INR 53.28 Cr from the Empowered Committee of MEITY (GOI), under the Production Linked Incentive (PLI) Scheme for manufacturing of Mobile Phones (Domestic Companies) Earlier, Padget Electronics (one of the 16 companies Domestic and International) received
Harsha Engineers International Limited (part of the Harsha Groups) over 35 years of operating history in the “engineering business” is planning to raise INR 755 Crore via IPO [Fresh Issue 455 Cr + 300 Cr OFS] Harsha Engineers: Company Details Incorporated in the year 2010, Harsha Engineers International Ltd are the largest manufacturers of precision bearing cages (in terms of Revenue) in organised sector in India, and among the leading manufacturers of precision bearing cages in the
Update Dreamfolks Services ‘LISTING’ Dreamfolks Services Limited, as the name in itself, made a dream debut on the stock market today. The stock was listed at INR 508.70 on the NSE - National Stock Exchange as against the issue price of INR 326, while the opening on the BSE - Bombay Stock Exchange was at INR 505; just about 56 percent listing gains for the IPO holders. The Initial Public Offering was open for subscription between 24 to 26 August 2022 and received a strong response
Tamilnad Mercantile Bank Limited - a bank headquartered at Thoothukudi, Tamil Nadu (India) is planning to raise INR 831.60 Cr via IPO [831.60 Cr Fresh Issue + 0 Cr OFS] Tamilnad Mercantile Bank - History Incorporated in the year 1921 as ‘Nadar Bank Limited’, Tamilnad Mercantile Bank (name changed in the year 1962), TMB is one of the oldest and leading old private sector banks in India. >> Must Read: Nifty prediction for September 2022 Business TMB offers
The month of August 2022, as predicted, ended on a high note (check the below listed screenshot to find out what Finblab has said in that article “HOW THE NIFTY WILL BEHAVE IN AUGUST 2022”) delivered 3.50% positive returns as far as NIFTY Index is concerned, (closing of 17759 on 30 August 2022 as compared to a close of 17158 on 29 July 2022) Thanks to the Foreign Institutional Investors (FIIs) who turned out to be buyers in the Indian Stock Market (according to the
The result season ‘Q1 FY2022-23’ has just come to end. Keeping the quarterly numbers in mind, one can say that Indian companies have put up a good show even though there was a pressure of higher inflation, higher commodity prices, and Russia-Ukraine war. While flipping through numbers I have found out companies where fii holding increase since last 5 quarters. I am presenting here 10 such companies where FIIs (Foreign Institutional Investors) have more than 10% of stake and still they are
Financial Freedom! These two words sound fabulous when we hear them from someone as it gives us the feeling of having a lot of money and of course retiring early and not working unless we want to work. Enjoying financial freedom is very much possible if we thoroughly follow a perfect set of rules in our life. Continue reading.… What is Financial Freedom? To put it in a simple way “Financial Freedom or Financial Independence is the prestige of having plenty of wealth or plenty of money
