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Epic Update : Mangalore Chemicals & Fertilizers

Mangalore Chemicals & Fertilizers (MCF). In this regard, the company has readied funds to make an open offer to Zuari. Zuari Fertilisers is planning to exit MCF by February this year. Zuari Fertilisers holds 16.40% stake in MCF, while Deepak Fertilisers is holding 24% stake in the company. https://www.epicresearch.co/

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Epic Update : Hindustan Motors

Hindustan Motors (HM), a C K Birla Group firm, is reportedly planning to sell its Chennai plant to raise minimum of Rs 150 crore. This decision was taken to bring in fresh funds to cut losses and improve performance of its other plants at West Bengal and Madhya Pradesh. The company sought members’ approval for […]

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Epic Update : L&T Construction

L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged a major international EPC order in the Kingdom of Saudi Arabia from the Saudi Arabian Oil Company (Saudi Aramco). Larsen & Toubro Saudi Arabia LLC is one among multiple joint ventures of L&T in the high-growth market of Saudi Arabia. The project […]

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Epic Update : Orient Paper & Industries

Orient Paper & Industries has reported the operational performance of Electrical Division of the company for the month of December, 2013. The production of its CFL Lamps for December, 2013 stood at 1,229,000 units compared to 1,182,000 units in November 2013. https://www.epicresearch.co/

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Epic Update : IL&FS Transportation Networks

IL&FS Transportation Networks’ Joint Venture (JV) has received Provisional Completion Certificate from Andhra Pradesh Road Development Corporation (APRDC) for project of Four Laning of Narketpally – Addanki – Medarametla Road (SH-2) from km 0.000 to km 212.500 in the State of Andhra Pradesh. https://www.epicresearch.co/

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Epic Update : Canara Bank

Canara Bank is all set to open a branch in New York. In this regard, the State-owned bank has received regulatory approvals from the Board of Governors of the Federal Reserve System. With opening of this branch, the bank would be foraying in the US market. https://www.epicresearch.co/

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Epic Update : Valecha Engineering

Valecha Engineering has bagged projects worth Rs 133.45 crore. The company has bagged first project for Design & Construction of flyover at Pune worth Rs 58.98 crore. The company has also bagged piling projects worth Rs 74.47 crore. https://www.epicresearch.co/

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