Shares of GE Power India surged 11 percent on April 4 to hit a 52-week high of Rs 369 apiece on NSE on account of the company bagging two orders worth Rs 774.9 crore from Jaiprakash Power Ventures.The orders are for dilation and evacuation, and supply of wet limestone-based FGDs for the Nigrie Super Thermal Power Plant at Nigrie and Bina Thermal Power Plant at Bina in Madhya Pradesh, GE Power said...

Gensol Engineering bags two solar project orders worth Rs 337 crore, The contracts cover design, engineering, procurement, construction, and commissioning services, with modules as free-issue items, Gensol Engineering said in an exchange filing.Gensol Engineering Ltd on Monday said it has secured two new solar projects worth Rs 337 crore in Rajasthan and Maharashtra.The contracts cover design, eng...

PSP Projects bags construction order worth Rs 631 crore, The order has been bagged to construct Gati Shakti Vishwavidhyalaya at Vadodara for Rail Vikas Nigam Ltd, the construction firm said in a regulatory filing.PSP Projects on Thursday said it has bagged a construction order amounting to Rs 630.90 crore in Gujarat.The order has been bagged to construct Gati Shakti Vishwavidhyalaya at Vadodara fo...

As Swiss regulator FINMA decided to write down $17 billion worth of Additional Tier 1, or AT-1, Credit Suisse bonds in its rescue merger with UBS, Indian investors are reminded of similar horrors regarding AT-1 bonds, as experienced by the Yes Bank shocker in 2020. The RBI, supported by the SBI-led consortium, wrote down private lender Yes Bank’s Rs 8,400 crore in perpetual bonds, while restruct...

Foreign institutional investors (FII) sold shares worth a net Rs 2559.96 crore while domestic institutional investors (DII) bought shares worth a net Rs 639.82 crore on Tuesday, February 7, 2023, according to the data available on NSE. For the month till February 7, FIIs sold shares worth a net Rs 5,990.68 crore while DIIs bought shares worth a net Rs 6,008.48 crore. In the month of January, FIIs ...