H.G. Infra Engineering has received the certificate of incorporation dated April 25, 2023 from the Registrar of Companies (RoC) with respect to incorporation of the wholly owned subsidiary company namely 'H.G. Varanasi-Kolkata PKG-13' a Special Purpose Vehicle ('SPV'), to undertake the below-mentioned project awarded by National Highways Authority of India (NHAI).
HCL Technologies (HCLTech) has been selected by Heubach Group to drive digital transformation agenda. HCLTech will deliver an IT system for Heubach Group across 11 countries to include deployment of hybrid cloud, cybersecurity solutions, end-user services and secure networks. The new IT system will help Heubach Group achieve its strategic objectives and drive productivity and growth.
Maruti Suzuki India has received approval for the creation of additional capacity of upto one million vehicles per year. The total existing capacity is around 13 lakh units in Manesar and Gurugram. In addition, the company is supplied vehicles by Suzuki Motor Gujarat (SMG) under the Contract Manufacturing Agreement. The companyâ€™s Board, in its meeting held on April 26, 2023, has approved the same.
L&T Technology Services has reported rise of 18.12% in its consolidated net profit at Rs 310.90 crore for fourth quarter ended March 31, 2023 as compared to Rs 263.20 crore for the same quarter in the previous year. Total consolidated income of the company increased by 19.35% at Rs 2146.00 crore for Q4FY23 as compared to Rs 1798.00 crore for the corresponding quarter previous year.
Dhruv Consultancy Services in Joint Venture (JV) with Global Infra Solution has received the Letter of Acceptance (LoA) for the consultancy services for feasibility study and preparation of detailed project report for Chhapra-Manjhi-Darauli-Guthani Road, â€˜Package-6â€™ from the office of Chief General Manager, Bihar State Road Development Corporation (A Govt of Bihar Undertaking) (the Authority) having dated April 25, 2023, as received by the company i.e. Dhruv Consultancy Services JV with Global Infra Solution. (for the said Project). The contract amount is Rs 54.91 lakh inclusive of all taxes and GST. The contract period will be 6 months.
Bajaj Finance has reported results for fourth quarter (Q4) ended March 31, 2023. Bajaj Finance has reported 25.11% rise in its net profit at Rs 2,837.36 crore for the quarter under review as compared to Rs 2,267.95 crore for the same quarter in the previous year. Total income of the company increased by 27.55% at Rs 9,718.09 crore for Q4FY23 as compared to Rs 7,619.26 crore for the corresponding quarter previous year. On consolidated basis, the company has reported rise of 30.51% in its net profit at Rs 3,157.79 crore for fourth quarter ended March 31, 2023 as compared to Rs 2,419.51 crore for the same quarter in the previous year. Total income of the company increased by 31.68% at Rs 11,363.14 crore for Q4FY23 as compared to Rs 8,629.35 crore for the corresponding quarter previous year.
The Board of Directors of Shoppers Stop at its Meeting held on April 26, 2023, approved additional investment in Global SS Beauty Brands (formerly known as Upasna Trading), wholly owned subsidiary (GSBBL) of upto Rs 25 crore in one or more tranches, by way of subscription to Right Issue of 2,500 preference shares i.e. 0.01% NonCumulative Optionally Convertible Preference Shares (NOCPS) each at par at face value of Rs 1,00,000 each of GSBBL.
H.G. Infra Engineeringhas received the certificate of incorpora..