The Memorandum of Understanding primarily pertains to designing as well as delivering critical equipment for jack-up rigs customized for the Indian market.
Revenue from operations grew 8% YoY to ₹4,700 crore from ₹4,352 crore for the corresponding quarter of FY2023.
The revised order puts more focus on the commitment of RITES to further Indian railway electrification projects.
Total value of the project is estimated at ₹1,110 crore and completion will take 1.5 years.
The Zinka Logistics Solution IPO price range has been set at ₹259 to ₹273 per equity share.
As of 3:36 pm, The retail Investors portion was subscribed 1.62 times, the NII portion was subscribed 2.01 times and the QIB portion was subscribed 1.78 times.
All of the qualified institutional buyers (QIBs) sector and 69% of the non-institutional investors (NIIs) segment are booked.
It further stated that a formal notification recognizing the business as the victorious bidder is expected shortly.
Indian manufacturers are already supplying Uniqlo's international outlets with items like T-shirts and heattech apparel.
The USFDA examined Torrent's manufacturing plant in Pithampur during the September quarter and issued a Form 483 with one observation.
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