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Buzzing Stocks
· Post split, the Hero group plans to enter the three-wheeler business, pitting itself against market leader Bajaj Auto.
· Reliance Power has signed the power purchase agreement with the state-owned NTPC for its upcoming 100 MW solar power project at Jaisalmer in Rajasthan.
· Sterlite Technologies got its financial closure for `700Cr for its mega transmission project connecting North-east with the Northern states India.
· JSW Steel has emerged as the highest bidder for acquiring the assets of Bellary Steel and Alloys, put on the block by a consortium of lenders led by IFCI.
· Subex has bagged $12mn revenue operations center (ROC) managed services-cum-license deal from a global telecom service provider.
· CCCL Infrastructure, a wholly owned subsidiary of Consolidated Construction Consortium Ltd. has signed a Power Purchase Agreement with NTPC Vidyut Vyapar Nigam Ltd. (NVVN) in connection with setting up of 5MW Solar PV Power Project under Jawaharlal Nehru national Solar Mission Phase I Batch I at Tuticorin, Tamil Nadu.
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