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MEIL HOLDINGS
MEIL's MD taps private credit funds Elham, DK, Oaktree to raise Rs 1,500 crorePV Krishna Reddy, managing director of MEIL, is seeking ₹1,500 crore in debt financing from firms like Elham Credit and Oaktree Capital to ...
Megha deal: Krishna Reddy plans Rs 15,000 crore buyout of uncle PP Reddy’s 51% stakeMegha Engineering's shareholders, the Reddy duo, are finalizing a family settlement where PV Krishna Reddy will acquire Pamireddy Pitchi Re...
Big electoral bond buyer Megha Engineering to sell city gas businessMegha City Gas Distribution (MCGDPL), a wholly-owned subsidiary, has decided to consolidate operations and reached out to state-run Indian ...
Complete electoral bond data made public: Megha’s Rs 600 cr to BJP single biggest donationElectoral Bond: This emerged from analysis of data provided by State Bank of India (SBI) on electoral bonds as directed by the Supreme Cour...
Electoral bonds: A look at top buyers, other key numbersHere’s a look at the top electoral bond buyers along with an examination of some of the other key numbers that have emerged from the initia...
Olectra Greentech shares plunge 6% after promoter's name appears on electoral bond listOlectra Greentech's shares declined by 6% as MEIL Holdings acquired electoral bonds worth Rs 966 crore. The company's revenue showed sequen...
MEIL secures Rs 5,400 cr crude oil refinery project in MongoliaMegha Engineering and Infrastructures Ltd (MEIL) has secured a $648 million work order in Mongolia from Mongol Refinery State Owned LLC. Th...
Ladakh: Zoji La tunnel expected to be completed by Dec 2030, say OfficialsThe construction of the Zoji La Tunnel, which will establish all-weather connectivity between the two Union Territories of Ladakh and Jammu...
Olectra Greentech shares up 3% on awarding contract to build EV facilityAs per the contract, construction of the greenfield EV manufacturing facility will be completed within 12 months from the date of approval ...
Megha Engineering completes 71% stake buy in Lanco Anpara"The UP Power Corporation was the last among the regulators or agencies to give the go-ahead because it was a change in management. Other r...
Stocks in the news: HDFC Bank, Infy, M&M, UltraTech, Lupin and MindTreeMindTree, Mishtann Foods, Sheetal Cool, Swiss Military Consumer, Star Housing, DRC Systems India and SM Gold are among the companies that w...
Nitin Gadkari launches work on strategic Zojila tunnel, initiates first ceremonial blastingUnion Minister Nitin Gadkari was addressing an event after the virtual launch of construction work of the 14.15-km Zojila tunnel project th...
Gadkari to initiate blasting process for Zojila tunnel construction work tomorrowThe project holds strategic significance as Zojila Pass is situated at an altitude of 11,578 feet on the Srinagar-Kargil-Leh National Highw...
Critical road infra building to put India on par with US, UK in 2 years: GadkariApart from a number of strategic tunnels and bridges being built across the length and breadth of the country, 22 green expressways at an e...
Megha Engineering lowest bidder for Zojila tunnel, quotes Rs 4,509 cr for projectAmong the three bidders in the race including Larsen & Toubro and Ircon International JV, the Hyderabad-headquartered company had quoted th...
Stocks in the news: RIL, Aurobindo Pharma, Hero MotoCorp, Adani Ports, Future Retail and ONGCStrides Pharma said it has ceased distribution of its ranitidine tablets in the US market.
TruJet mulls IPO after 3 years; expects Rs 600 Cr topline by FY22Trujet is the first airline in India to have started operations to all the routes under UDAN 1 and 2.
TV9 group revenues touch Rs 200 crore in FY 18The company made Rs 5.86 crore profit after tax during the year, according to Care Ratings.
Why Xi picked Wuhan to reset China's ties with IndiaSelecting Wuhan had several important reasons including the fact that it is the home of the Chinese Ambassador to India.
Asia’s largest drip irrigation project by MEIL in Karnataka to take off SundayThe project, executed by one of India’s largest infrastructure firms Megha Engineering & Infrastructures (MEIL), will be inaugurated by the...