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L&T wins orders worth Rs 2,388 cr

Mumbai, July 12(UNI) Engineering Major Larsen & Toubro said its construction has won
orders worth Rs 2,388 crore.
Orders have been secured from the Madhya Pradesh Jal Nigam Maryadit for the execution of
Satna, Kundatiya and Mohanpura Multi Village Rural Water Supply Schemes on turnkey basis.
The projects are funded by the New Development Bank.
The aggregate scope of work includes design, engineering, supply a erection of 11,272 km of raw
and clear water transmission a distribution pipelines, construction of intake wells, 3 water
treatment plants with a cumulative capacity of 260 MLD, 1.5 km of D-shaped tunnel, pump
houses, clear water reservoirs, master balancing reservoirs, 129 ml water storage structures with
associated electromechanical a instrumentation works and house service connections.
The project involves automation, including measurement of input and output of water quantity and
quality at each level through suitable SCADA a other instrumentation works thus aiming to have unaccounted
for water at desired levels. The projects will cover 1,954 villages in Satna and Rajgarh districts of Madhya Pradesh.
Another EPC order has been received from the Tirunelveli Municipal Corporation for providing Underground Sewerage Scheme (UGSS) to additional areas of Tirunelveli Corporation - Phase II. The scope of
work includes laying 225 km of sewer pipelines, construction of RCC manholes, pumping stations, lifting stations and providing sewer connections to 55,000 households.
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Govt to infuse Rs 11,336 cr in 5 public sector banks

17 Jul 2018 | 10:55 PM

New Delhi, July 17 (UNI) The government on Tuesday announced an infusion of Rs 11,336 crore in five public sector banks as part of its Indradhanush scheme.

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WE Hub hosts MSME workshop for women entrepreneurs

17 Jul 2018 | 9:37 PM

Hyderabad, July 17 (UNI) 'WE HUB' along with MSME-DI organised a workshop to showcase the various schemes and financial assistance programs available from the Government of India, Government of Telangana and Banking institutions, here on Tuesday.

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IDBI board to seek govt decision over LIC proposal

17 Jul 2018 | 9:30 PM

New Delhi, July 17 (UNI) A day after board of state-run insurance company LIC gave its nod to increase its stake in debt-ridden Public Sector Bank IDBI up to 51 per cent; the IDBI board decided to seek the decision
of the government over the LIC proposal.

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Max Life Insurance to distribute Rs 1,084 crore as bonus to its participating policyholders

17 Jul 2018 | 7:26 PM

Gurugram, July 17 (UNI) Max Life Insurance, one of the leading life insurance companies of India, announced that it will be paying Rs 1,084 crore as policyholder bonus on the participating policies in-force, an increase of 27 per cent over Rs 854 crore in the same period in the previous year.

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MediaTek unveils new chipset to power smartphones

17 Jul 2018 | 7:21 PM

New Delhi, July 17(UNI) Taiwanese semiconductor company MediaTeK on Tuesday unveiled its Helio A series, expanding its Helio family of feature-packed and power-efficient chipsets with the company's new Helio A22 system-on-chip (SoC).

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