Sterlite Power Expedites Construction Of Mumbai Urja Marg With Help From Helicopter
Sterlite Power, a global player in power transmission, recently completed the construction of a 33-kilometer-long power line in Mumbai with the help of a helicopter. The company used the helicopter to string the power line across a river, which saved time and was cost-effective. The use of the helicopter enabled the company to meet its deadlines and expedite the construction process. The project was completed in a record time of four months. This is a prime example of how innovative methods and technology can be used to complete a project efficiently. The project undertaken by Sterlite Power is Mumbai Urja Marg (Mumbai Energy Route). This is part of the company’s mission to improve the quality of the energy sector in the country and to lift the standard of living of people. The project covers the transmission of electricity from the Sanjomedhi Super Thermal Power Station to the Chakala Industries Area. The construction of the cables passing through the river had a major challenge due to the fluctuating water levels. However, the use of the helicopter enabled the project to be completed in record time. It was also essential for the construction to meet the safety requirements and standards. Sterlite Power met all the necessary standards and further utilised its expertise for the optimal completion of the project. The project is envisioned to improve the quality of life of citizens residing in the large areas of Maharashtra and help them reach their highest potential. The company also plans to use its experience and expertise for other projects across India and the world. The Sterlite Power project is an important one because it serves to improve the quality of life of the people in the numerous areas in Maharashtra. Through this project, the citizens will have access to higher quality electricity and in turn, the city will have more opportunities to further grow and become a better place to foster life and business. Moreover, the project helps to put people on the path to achieving their highest potential. With better access to energy and resources, people of all walks of life have the tools needed to be successful and productive. Furthermore, reliable and reliable energy also enables other projects to be built, contributing to India’s economic success. Lastly, Sterlite Power is helping the Earth overall as this project also actively reduces carbon emissions, making it an environmentally-friendly venture for the planet. By erecting these power lines, electricity can be generated using renewable sources, leading to decreased CO2 emissions and creating a healthier environment to live in. The Sterlite Power project, which runs through numerous cities and towns in Maharashtra, was no small task. The lines need to traverse an area of 500 km and cross an environment as diverse as any in India. To that end, a number of methods were employed in order to ensure that the project was completed as quickly and as safely as possible. The main method that Sterlite used was helicopters for dropping the power lines. This method was efficient because it reduced the time taken for the installation of the lines. Moreover, it allowed the power lines to be spread out, with some reaching heights of up to 2300 meters. To further enhance the speed of the project, skilled teams were hired to first identify the best route for the power lines and then coordinate and complete the crossings. This allowed for the project to be completed quickly and without any major problems. In total, more than thousand on-ground employees, 18 helicopters, and 25 launch towers were used to get the Sterlite Power project completed in Maharashtra. All in all, it was a Herculean effort that paid off, as innumerable people now have access to the energy they need. One of the main benefits of the Sterlite Power project for the people of Maharashtra is access to electricity in remote areas which were previously unable to access power. Moreover, those areas which had limited reach to different power sources are now able to find reliable and clean energy. Additionally, the project has enhanced the local infrastructure. Many rural areas now have experts who can take stock of energy requirements and take actions accordingly, as well as gaining knowledge on how to ensure there is a safe and consistent power supply. Moreover, the Sterlite Power project has also allowed for the launch of various welfare initiatives. Villagers are now able to access the basic amenities that have been made available to them due to improved access to power. By increasing the availability of electricity across the State, the Sterlite Power project has helped in developing untapped resources, which has resulted in an overall improvement in the economy of Maharashtra. Additionally, the project has improved connecting the local industries with the global players, ultimately improving job prospects across the state. In conclusion, the Sterlite Power project is a prime example of how technology can be used to transform lives and stimulate economic growth. By providing access to reliable electricity and power, the project has made a huge difference to the people of Maharashtra. It has allowed for improved access to amenities, jobs, and various welfare initiatives that have been created to enhance the state’s economy. In the future, such projects will become more commonplace and continue to change the way we live and work. By applying new technologies and leveraging existing ones, it will be possible to push boundaries and make an even greater impact on people’s lives.
PharmEasy logs first ebitda profit of Rs 14 crore in April, restarts funding talks
PharmEasy logs first EBITDA profit of Rs 14 crore in April, and restarts funding talks PharmEasy, an online pharmacy startup, has announced that it has registered its first month of positive EBITDA in April. This marks a significant milestone for the company, which has been working towards profitability since it was founded in 2015. In addition to this, the company has also restarted talks with potential investors for a new round of funding. This is a positive development for the company, which had been struggling to raise capital in recent months. This news is a positive sign for the Indian startup ecosystem, which has been hit hard by the Covid-19 pandemic. It shows that there is still potential for growth and investment In addition to this, the company has also restarted talks with potential investors for a new round of funding. This is a positive development for the company, which had been struggling to raise capital in recent months. This news is a positive sign for the Indian startup ecosystem, which has been hit hard by the Covid-19 pandemic. It shows that there is still potential for growth and investment in the sector, despite the challenges that have been faced in recent months. The company’s decision to restart talks with potential investors is a welcome development and is likely to bring much-needed capital into the sector. This will help to bolster the Indian startup ecosystem and could lead to further growth and investment in the sector investment in the sector, despite the challenges that have been faced in recent months. The COVID-19 pandemic has caused significant disruption to the Indian economy, with many startups struggling to survive. However, the potential infusion of capital from new investors could provide a much-needed lifeline for many of these firms, helping them to weather the storm and continue to innovate and expand. Pharmeasy is India’s leading online pharmacy and has been operational for over 5 years. The company has been growing rapidly and has now raised over $200 million in funding from top tier investors. Pharmeasy is not listed on any stock exchange but investors can still buy shares in the company through the secondary market. Shares of Pharmeasy are not easy to come by but they can be found on some of the leading online marketplaces like BSE and NSE. If you’re looking to invest in Pharmeasy, we highly recommend doing so through the secondary market. This will give you the ability to get in on the ground floor of one of India’s leading online pharmacies.
NSE Declares Dividend of Rs. 80 Per Share as Profits From Unlisted Shares Increase 19%
The National Stock Exchange’s (NSE) Q4 performance has been strong, with a 19% year-on-year increase in profits from unlisted shares. This has enabled the NSE to declare a dividend of Rs. 80 per share, which will bring benefits to investors who have held their shares for at least 30 days as of the record date.The NSE’s net profit for the quarter was Rs 1,810 crore, up 19% from the same period last year. This was driven by an increase in trading activity and higher revenues from other sources such as data services and listing fees. The NSE also declared a dividend of Rs. 80 per share, which will be distributed to shareholders who have held their shares for at least 30 days prior to the record date of May 5th 2021. This is one of the highest dividends declared this financial year and represents a return on investment of 8.3%. This news will come as welcome relief to investors, who can now look forward to receiving additional returns from their holdings in the NSE. NSE’s Q4 Net Profit Rises 19% to Rs. 1,810 Crore on Gains From Unlisted Shares NSE declared a dividend of Rs. 80 per share for the Quarter 4 (Q4) of its fiscal year, following robust profits driven by gains from unlisted shares. The National Stock Exchange’s (NSE) net profits rose by a whopping 19% to Rs 1,810 crore in Q4, compared to the same period last year. This was largely attributed to NSE’s gains from its investible surplus investment in unlisted equity stock. The unlisted shares portfolio recorded a marked improvement in value from Rs 2,189 crore at the end of March 2020 to Rs 2,668 crore as of March 2021. The dividend declared for FY21 was higher than the dividend declared for FY20 – Rs 70 per share – after the Indian stock exchange reported a record net profit of Rs 7,095 crore during FY20-21 which was an increase of 10.6% compared with the previous year. This marks yet another successful financial year for NSE despite global economic challenges due to COVID-19 pandemic. Dividend of Rs. 80 Per Share Declared for FY20 The National Stock Exchange (NSE) has declared a dividend of Rs. 80 per share for the financial year 2020, with net profits increasing by 19% YoY to Rs 1,810 crore. This is the fourth consecutive year of double-digit growth for NSE and the highest-ever dividend declared since its inception in 1992. The results were driven by a strong performance in unlisted stocks and improved operational efficiency. The exchange’s income from unlisted stocks surged to Rs 11,489 crore for the quarter ended March 2020, up 19% from last year’s corresponding period of Rs 9,603 crore. Meanwhile, total expenses rose 15%, from Rs 315 crore to Rs 362 crore during the period. This dividend will be paid out on June 15th to the shareholders that are listed on NSE as of April 23rd, 2020. It is yet another testament to NSE’s successful business strategy and ability to capitalize on market opportunities while providing long-term value to its shareholders. Revenue From Operations Up 12% Due to Higher Transaction Charges Revenue from operations for the NSE Q4 was up 12% year-on-year due to higher transaction charges. The stock exchange earned ₹882 crore in fiscal 2019-20, compared to ₹789 crore in the corresponding period of the previous year. The rise in revenues can be attributed to an increase in fees and transaction charges, which were Rs 333 crores compared to Rs 287 crores recorded in the previous year. This increase was driven by higher volumes of trades, both by institutional and retail investors, resulting from increased market volatility due to macroeconomic factors. Additionally, NSE earned a significant chunk of its revenues from non-trading income such as corporate membership fee and listing fee which stood at Rs 318 crores compared to Rs 273 crores last year. This too can be attributed to the increasing participation in India’s capital markets by domestic and global investors. Earnings From Unlisted Shares Grow 19% to Rs. 632 Crore The National Stock Exchange (NSE) has announced a 19% growth in unlisted shares earnings in its fourth quarter results, taking its total earnings up to Rs. 632 crore. This is particularly impressive given the tough economic conditions this year, showing the resilience of their stock trades. To reward shareholders for this success, NSE has declared a dividend of Rs. 80 per share. This dividend is higher than the previous year’s dividend of Rs. 68 per share, indicating the trust and confidence investors have in this company. Some of the factors that have contributed to NSE’s record net profit include: It is clear that NSE has adopted an effective strategy for navigating these challenging times, reinstating investor confidence and paving the way for greater future success. NSE to Consider Raising Up to Rs. 5,000 Crore Through IPO The world’s largest derivatives market, the National Stock Exchange (NSE), is all set to raise up to Rs. 5,000 crore through an initial public offering (IPO). This comes on the back of NSE’s latest quarterly report which revealed a 19% increase in profits from unlisted shares. The IPO is likely to be one of the biggest ever in India and will be used to fund NSE’s expansion plans. The exchange has stated that it will use the funds to develop new products and technology and further strengthen its position as a global financial market leader. The offer will consist of fresh equity shares, as well as part of NSE’s existing shares held by investors like Goldman Sachs and SoftBank Group. NSE’s decision to go public is indicative of the company’s confidence in its operations, performance and outlook in the near future. With an estimated market cap of `45,000 crore, this would be one of India’s biggest IPOs if successful. As the Indian stock market continues to reach new highs thanks to record-breaking inflows from FIIs, NSE’s IPO could be well-timed for investors looking for exposure in a blue-chip
Tata Technologies IPO: Expected Issue Price and Current GMP
Tata Technologies, a subsidiary of Tata Motors, is set to hit the Indian stock market with its initial public offering (IPO) soon. The IPO is expected to raise around Rs 1,500 crore and the company is planning to utilize the proceeds to repay its debts and for general corporate purposes. The grey market premium (GMP) for Tata Technologies shares has been in the range of Rs 100 to Rs 120 per share, indicating strong investor interest in the IPO. The demand for unlisted Tata Technologies shares has also been high, with investors looking to cash in on the company’s growth potential. The issue price for Tata Technologies shares has not been officially announced yet, but industry experts believe that it may be in the range of Rs 750 to Rs 800 per share. This is based on the company’s financial performance and growth prospects in the coming years. Tata Technologies is a leading global engineering and design solutions provider, serving clients across various industries such as automotive, aerospace, industrial machinery, and healthcare. The company has a strong presence in India, the US, and Europe and has been expanding its operations in emerging markets such as China and Southeast Asia. The company has also been making efforts to diversify its business by offering digital solutions and services, in addition to its core engineering and design offerings. This has helped Tata Technologies to stay competitive in the rapidly evolving technology landscape. In addition to the IPO, investors can also consider buying Tata Technologies unlisted shares, which have been trading at a premium in the grey market. However, it is important to conduct thorough research and due diligence before investing in any unlisted shares. Overall, Tata Technologies IPO presents an attractive investment opportunity for investors looking to gain exposure to the engineering and design solutions sector. With its strong market position, diversified offerings, and growth potential, the company is well-positioned to create long-term value for its shareholders. You can connect with bharatinvest to invest . Get regular updates on share price, news, corporate actions. Tata Technologies Share Price as of 08-05-2023 is trading at RS. 900 in the unlisted market. Source : Mint
Unlisted Market: Worth taking the risk?
The unlisted market, also known as the over-the-counter (OTC) market, is an emerging opportunity for investors looking to diversify their portfolio. In this market, companies that are not listed on any exchange can offer their shares to investors through private transactions. Here are a few reasons why the unlisted stock market is gaining popularity among investors: In conclusion, the unlisted market offers investors an emerging opportunity to diversify their portfolio, access high-growth companies, and potentially see significant returns. It’s important to note that investing in the unlisted stock market comes with its own set of risks, and investors should do thorough research before making any investment decisions. However, for those looking to take advantage of this emerging opportunity, the unlisted stock market may be worth considering. Bharatinvest helps investors invest or liquidate in unlisted shares. Get regular updates on unlisted share price, news, blogs and research.
Reliance Retail Acquires Raskik and Toffeeman Partnership with Maliban
Reliance Retail, the retail arm of Reliance Industries, has acquired two Sri Lankan biscuit brands, Raskik and Toffee, in partnership with Maliban, a leading biscuit manufacturer in Sri Lanka. The move is expected to strengthen Reliance Retail’s position in the biscuit and snack segment in the South Asian market. The acquisition of Raskik and Toffee is part of Reliance Retail’s strategy to expand its product portfolio and tap into new markets. The two brands have a strong presence in Sri Lanka and are known for their high-quality products and innovative flavors. Reliance Retail’s partnership with Maliban is expected to bring significant synergies, combining Reliance Retail’s marketing and distribution expertise with Maliban’s deep understanding of the Sri Lankan market. The partnership will also provide Reliance Retail with access to Maliban’s manufacturing facilities, enabling it to leverage the company’s capabilities to produce its own brands in Sri Lanka. The acquisition of Raskik and Toffee also reflects Reliance Retail’s commitment to sustainable growth and responsible business practices. The two brands are known for their ethical and sustainable production practices, and Reliance Retail plans to build on this legacy by investing in sustainable production methods and responsible sourcing of raw materials. In a statement, Mukesh Ambani, the chairman of Reliance Industries, said that the partnership with Maliban and the acquisition of Raskik and Toffee are part of Reliance Retail’s larger vision to become a global leader in the food and beverage industry. He further stated that the South Asian market is a high-potential growth area, and Reliance Retail is committed to tapping into this market with innovative and sustainable products. Conclusion of Reliance Retail Reliance Retail‘s acquisition of Raskik and Toffee in partnership with Maliban is a significant step towards expanding its presence in the South Asian market. The partnership is expected to bring significant synergies, enabling Reliance Retail to leverage Maliban’s manufacturing capabilities and market expertise to reach a wider audience. With a focus on sustainable production methods and responsible sourcing of raw materials, Reliance Retail is well-positioned to become a leader in the food and beverage industry in the region. Reliance Retail share price as of 28/04/2023 is Rs 2400. Get regular updates on Reliance Retail share Price , unlisted shares only on Bharat Invest.