Corporate News
L&T Finance has picked up 11.42 per cent stake or 32.93 lakh shares in PVR by invoking pledged shares. L&T Finance notified the stock exchanges today of the development that had happened on November 27.
GMR Infrastructure Ltd has started commercial operations of the Hyderabad- Vijayawada section of National Highway 9 and the Hungund - Hospet section of National Highway 13. With the commencement of these two projects, the Group now has a portfolio of eight operating highways. While the Hyderabad-Vijayawada section is expected to generate revenue in the range of Rs 75-80 lakh a day, the Hungund- Hospet section is likely to generate Rs 18-20 lakh/day.
NMDC has suffered Rs 745.94-crore revenue loss during 2007-10 for not revising the domestic prices in line with prevailing market rates.
L&T Finance has picked up 11.42 per cent stake or 32.93 lakh shares in PVR by invoking pledged shares. L&T Finance notified the stock exchanges today of the development that had happened on November 27.
GMR Infrastructure Ltd has started commercial operations of the Hyderabad- Vijayawada section of National Highway 9 and the Hungund - Hospet section of National Highway 13. With the commencement of these two projects, the Group now has a portfolio of eight operating highways. While the Hyderabad-Vijayawada section is expected to generate revenue in the range of Rs 75-80 lakh a day, the Hungund- Hospet section is likely to generate Rs 18-20 lakh/day.
NMDC has suffered Rs 745.94-crore revenue loss during 2007-10 for not revising the domestic prices in line with prevailing market rates.
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