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February 17, 2023

Ultratech: Company announced commissioning of 1.30 mtpa brownfield cement capacity at Hirmi in Chhattisgarh, and 2.80 mtpa greenfield grinding capacity at Cuttack in Odisha.

This is a part of the ongoing capacity expansion. With this, company’s total cement manufacturing capacity in India now stands at 126.95 mtpa.

Railtel: Company has received the work order from Bangalore Metro Rail Corporation for supply, installation testing and commissioning of the IT network Infrastructure amounting to Rs 27.07 crore.

Bharat Forge: Bharat Forge, Hindustan Aeronautics’ foundry and forge division, and Saarloha: Advanced Materials have signed MOU for collaboration in development and production of aerospace grade steel alloys

Vedanta: Company has been declared as preferred bidder for nickel, chromium and associated platinum group elements block in Chhattisgarh. The preferred bidder is based on highest final price offer of 4.15% submitted by the company.

Crisil: Board of Directors of the company is scheduled to meet on February 17 to consider consolidated and standalone financial results for the quarter and year ended December 2022 and recommend dividend, if any, for the financial year (2022)

Siemens: Company on Thursday announced the launch of private 5G industrial router, which is believed to be a critical component for the manufacturing industry In its digital transformation.

HDFC: Company on Thursday concluded its largest ever rupee bond issuance on Thursday by raising Rs 25,000 crore of 10- year non-convertible debentures (NCDs) carrying a coupon of 7.97 percent per annum (annualized), it said in a statement.

Hindustan Zinc: Management said that the planning to get in touch with the mines company is ministry to resolve the differences over the acquisition of overseas assets of holding company Vedanta Ltd, Hindustan Zinc.