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BOM:534309

3 stories mentioning BOM:534309

Every FINWIRES story that references BOM:534309, newest first.

Asia

NBCC (India) Wins Two Construction Contracts; Shares Up 3%

NBCC (India) (NSE:NBCC, BOM:534309) received two work orders for construction projects from Navodaya Vidyalaya Samiti and Indian Bank (NSE:INDIANB, BOM:532814), according to a Saturday filing on Indian bourses.Shares of the company rose nearly 3% in Monday's trade.Navodaya Vidyalaya Samiti awarded NBCC a project worth 69.2 million rupees for extension work of an existing school building and additional staff quarters, the filing said.Separately, Indian Bank awarded NBCC a 356.3 million rupees contract for the construction of office premises in Andhra Pradesh.

BOM:534309NSE:NBCC
Asia

NBCC (India) Emerges as Highest Bidder for Commercial Tower in New Delhi, India

NBCC (India) (NSE:NBCC, BOM:534309) has emerged as the highest bidder in an e-auction for the purchase of a commercial tower at the Bharat Business Park, Sarojini Nagar in New Delhi, India, according to a Friday filing to the Indian stock exchanges.The total investment by the construction and infrastructure company for the proposed purchase is estimated at 13.7 billion Indian rupees, payable in stages on a construction-linked basis.The acquisition is subject to the completion of necessary formalities and execution of definitive agreements.The company's shares were up nearly 1% in recent trade.

BOM:534309NSE:NBCC
Asia

NBCC (India), HUDCO Sign MoUs for Redevelopment, Asset Monetization

NBCC (India) (NSE:NBCC, BOM:534309) and Housing and Urban Development Corp. (NSE:HUDCO, BOM:540530) signed two memorandums of understanding, according to a Monday filing on Indian bourses.The first MoU covers redevelopment of a leasehold plot of about 18,830 sq m at Bhikaji Cama Place in New Delhi, India. This includes feasibility study, construction, project management and monetization of built-up space, the filing said.The second MoU relates to asset monetization of self-sustainable model projects of NBCC. Under the deal, HUDCO will provide funding, subject to government approval, while NBCC will offer project management and consultancy services, it added.

BOM:534309BOM:540530NSE:HUDCONSE:NBCC