Shakti Pumps
The company received an order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 25,000 standalone off-grid DC Solar Photovoltaic Water Pumping Systems.
Ashok Leyland
The company received an order win worth Rs 345.58 crore from Tamil Nadu State Transport Corporation.
Board of Directors in its meeting held Tuesday, December 10, 2024 considered and approved Issuance of Bonus Shares to the Shareholders of the Company in the ratio of 1 :1, i.e. 1 (one) Bonus Equity Shares of face value of Rs 2/- each fully paid up for every 1 (one) existing equity shares of face value of Rs 2/- each fully paid up, to the eligible shareholders of the Company as on the record date.
CG Power has entered a definitive agreement to acquire Renesas Electronics Corporation’s radio frequency (RF) components business for $36 million, marking its entry into semiconductor design.
The RF components business, part of Japan-based Renesas, generated $56 million in revenue in 2023. Under the agreement, CG Power will acquire intellectual property, equipment, inventories, and select employees, helping to enhance its expertise in RF component design and marketing.
A new subsidiary, CG Semi Pvt Ltd, has been formed to manage the Outsourced Semiconductor Assembly and Test (OSAT) operations.
NBCC (India) Ltd on September 2 after the PSU firm’s board recommended issuing bonus shares to shareholders at a 1:2 ratio.
NBCC (India) has set October 7 as the record date to determine eligibility for the bonus shares.
GPT Infraprojects bagged The contract, awarded by CAO Construction, South Eastern Railway, involves the construction of multiple Road Over Bridges (ROBs) and associated bridge approaches between Andul-Sankrail and Nalpur-Bauria Stations on the Howrah-Kharagpur section.