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Business Economy


BHEL bags order worth Rs 1,360 cr

BHEL bags order worth Rs 1,360 cr

New Delhi, Jan 24 State-owned Bharat Heavy Electricals Limited (BHEL), in partnership with ABB, has secured a landmark order from Power Grid Corporation of India Limited (POWERGRID) worth of Rs 1,360 crore. BHEL’s scope of work is valued at Rs 1,360 crore, for setting up a + 800 kV, 6,000 MW HVDC Link between the Western Region Grid (Raigarh, Chattisgarh) and the Southern Region Grid (Pugalur, Tamil Nadu), the company said in a statement. Significantly, this is the second Ultra High Voltage Direct Current (UHVDC) transmission project contract for BHEL. The company is presently executing the North-East Agra + 800kV, 6,000 MW, Multi Terminal HVDC link, jointly with ABB. UNI ASH SB 1251

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Sensex up over 100 points

Sensex up over 100 points

26 Apr 2024 | 11:03 AM

Mumbai, April 26 (UNI) The BSE Sensex was seen firm on Friday too, advancing 170 points to open at 74,509.31 following gains in IT, Consumer Durable and Energy stocks.

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USD, Yen down ;Pound, Euro up

26 Apr 2024 | 10:02 AM

Mumbai, Apr 26 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

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After RBI’s action, Kotak Mahindra Bank assures customers of uninterrupted services

25 Apr 2024 | 9:46 PM

New Delhi, April 25 (UNI) A day after the Reserve Bank of India (RBI) barred Kotak Mahindra Bank to cease and desist from onboarding of new customers due to IT related deficiencies in its network, the MD and CEO of the Bank on Thursday said they are actively working to address concerns raised and are in constant communication with the regulator to resolve issues promptly.

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Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

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Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

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