Total income of the company increased to Rs 2,889.74 crore during April-June 2019, from Rs 694.98 crore in the same quarter last fiscal. New Delhi: Adani Transmission on Thursday reported 26 per cent rise in consolidated net profit to Rs 213.42 crore for the June quarter, mainly driven by higher revenues. The company’s consolidated net […]
NTPC inks two agreements with PNB for Rs. 650 crore
NTPC’s joint venture firm NSPCL has inked two agreements with Punjab National Bank (PNB) for Rs. 650 crore for financing two projects. The agreements are for part financing of two of its under-construction projects at Durgapur (2X20 MW) for Rs. 100 crore and Rourkela (1X250) for Rs. 550 crore. NSPCL is a joint venture of […]
Jain Irrigations tanks 22% on rating downgrade, hits 14-year low
The rating agency said the downgrade reflects deterioration in the liquidity profile of JISL on account of a delay in the realisation of its receivables from its micro-irrigation systems (MIS) segment Shares of Jain Irrigation Systems (JISL) tanked 22 per cent to Rs 21.25 on the National Stock Exchange (NSE) on Wednesday after rating agency […]
