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The Centre has made privatisation of state-run firms a key policy priority and it is seen as a major source of much-needed funds for the government, which is battling a tough situation with the spiralling of Covid cases.
L&T likely to bag Rs 24,958 cr bullet train projectAccording to two sources, for the package, namely C4, the Tata Projects-led consortium bid at around Rs 28,000 crores, while the Afcons Infrastructure-led consortium bid at close to Rs 37,000 crore.
from Stocks-Markets-Econo… Read MoreJet’s 2nd coming will depend on reclaiming slotsThe winning consortia, London-based Kalrock Capital and UAE businessman Murari Lal Jalan, are likely to initially put in Rs 400 crore and infuse about Rs 650 crore in all in the first year for Jet-2.0 to take to the skies aga… Read MoreBuy JSW Steel, target price Rs 328: Motilal OswalJSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 75223.90 Crore) operating in Metals - Ferrous sector.
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… Read MoreKishore’s cousin may script retail re-entry of BiyanisBut the deal has hit a roadblock with Amazon approaching an arbitration body in Singapore, claiming that Future Group has breached contractual obligations by excluding the e-tailer from discussions.
from Stocks-Markets-Econo… Read MoreStocks in the news: HUL, L&T, Britannia, M&M, ACC and BPCLLarsen & Toubro is close to bagging its largest order ever as it has emerged the lowest bidder to construct a significant part of the Ahmedabad-Mumbai bullet train project.
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