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Monday, December 22, 2014

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BHEL bags Euro 16.96 million contract in Turkey; stk gains
Bharat Heavy Electricals Ltd ( BHEL) rose over 3%, touching to Rs266.75,  after the company bagged a contract for rehabilitation of 3 units of Electrostatic Precipitators for the 430 megawatts Tuncbilek Thermal Power Project in Turkey on EPC basis. BHEL achieves breakthrough by making maiden entry in the Turkish market; Bags Euro 16.96 million contract for Thermal Power Project in Turkey

McNally Bharat bags an order worth Rs117.95 cr
McNally Bharat Engineering Company announced that the Company has received an order for Design, Engineering, Supply and Construction of various sub-stations for a Power Project for a value of Rs117.95 crore (approx).

Thomas Cook launches 'Silver Breaks'
Thomas Cook (India) has launched a new product line 'Silver Breaks', exclusively focusing on segment of over 58 years of age - Senior Citizens or 'Silvers'.The specialised Silver Breaks itineraries offer support for special dietary needs, on-trip medical assistance, handpicked elder friendly hotels, experienced tour managers accompaniment, pre departure meetings, entertainment evenings and high quality easy access vehicles covering destinations such as Thailand, UK and Italy in an outbound segment as well as the Golden Triangle and Kerala on the domestic front.

MOIL gains on government's plan to dilute stake
MOIL rose by 3% touching to Rs303, after the Department of Disinvestment issued a newspaper advertisement for appointment of merchant bankers for divesting 10% stake in the state-run firm.The Department of Disinvestment issued a newspaper advertisement for appointment of merchant bankers for divesting 10% stake in state-run MOIL. The government intends to divest 10% stake in MOIL during the current fiscal year through the Offer for Sale ( OFS) route via the stock exchanges mechanism. The government currently holds 71.57% stake in MOIL.

Suzlon's arm signs new contract in UK; stk gains
Suzlon Energy rose nearly 9%, touching to Rs13.9,  after the company said its wholly owned subsidiary signed four new contracts totaling over 60 megawatts in the UK.
Suzlon Energy said that its wholly owned subsidiary Senvion SE signed four new contracts totaling over 60 megawatts (MW) in the UK, including the first contract to be signed in the UK with developer RES.

Essel Propack gets High Court approval for amalgamation
Essel Propack has announced that at the hearing held on December 19, 2014, the Honble High Court of Judicature at Bombay has approved the Scheme of Amalgamation of EP Lamitubes (the wholly owned subsidiary of Essel Propack) with Essel Propack and their respective shareholders.

Winsome Diamond board approves closure of Goa unit
Winsome Diamonds & Jewellery announced that the Board of Directors of the Company at its meeting held on December 20, 2014, has accorded its approval by requisite majority for closure of industrial establishment situated at Goa.

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