STATE OWNED NBCC LTD
NBCC inks pact with HUDCO to execute projects worth Rs 117 crore
NBCC (India) Ltd. and HUDCO have entered into an initial agreement to develop projects valued at Rs 117 crore across multiple locations. NBCC will undertake the development of a commercial complex in Kaushambi, redevelop a land parcel in Panchkula, construct new blocks in Ahmedabad, and reconstruct residential flats in New Delhi.
NBCC inks pact with HUDCO to execute projects worth Rs 117 crore
NBCC (India) Ltd. and HUDCO have entered into an initial agreement to develop projects valued at Rs 117 crore across multiple locations. NBCC will undertake the development of a commercial complex in Kaushambi, redevelop a land parcel in Panchkula, construct new blocks in Ahmedabad, and reconstruct residential flats in New Delhi.
HUDCO shares rise for 2nd straight session after signing MoU with NBCC for construction projects
HUDCO shares: HUDCO has signed an MoU with NBCC to execute four construction projects in UP, Haryana, Gujarat, and Delhi, including commercial, institutional, office, and residential developments.
NBCC inks MoU with RIICO to develop Rs 3,700 cr project including Rajasthan Mandapam
NBCC has partnered with RIICO to develop infrastructure projects worth Rs. 3,700 crore in Jaipur, including the Rajasthan Mandapam near the airport. NBCC will handle master planning, design, construction, and marketing on a 95-acre land parcel. RIICO will provide an initial advance, with the project targeted for completion within 30 months.
NBCC, Zee Entertainment, among 29 other stocks go ex-dividend today. Last day to buy
Investors eyeing dividend income faced a deadline. Many stocks, such as NBCC India and Zee Entertainment, traded ex-dividend. NBCC announced a final dividend. Zee Entertainment also declared a significant dividend. Other companies across various sectors also rewarded shareholders. These included Alfred Herbert India, Asian Hotels East, and Engineers India. Missing the cut-off means ineligibility for payouts.
NBCC gets Rs 3,700 cr-order from Rajasthan govt to build mixed-use project
State-owned NBCC Ltd has secured a contract to develop and market a 95-acre mixed-use project in Rajasthan with an estimated investment of around Rs 3,700 crore.
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NBCC gets Rs 3,700 crore-order from Rajasthan govt to build mixed-use project
NBCC Ltd has secured a contract to develop and market a 95-acre mixed-use project in Rajasthan, with an estimated investment of around Rs 3,700 crore. The project, approved by the Rajasthan government, includes the Rajasthan Mandapam Convention Centre, GCC Tower, IT Tower, luxury hotels, and commercial and residential infrastructure on RIICO land.
Share prices rise after you sell? Data from 967 retail-sold stocks confirms your worst fear
Data reveals a pattern of Indian retail investors selling stocks prematurely, missing out on significant gains. During the June quarter, retail investors reduced holdings in numerous stocks, which subsequently surged, costing them potential profits. This behavior, driven by fear, volatility, and a desire for quick returns, highlights poor timing and emotionally-driven investment decisions.
Supertech homebuyers seek CJI, PM intervention to let NBCC complete projects
Homebuyers of 16 stalled Supertech projects have appealed to the Chief Justice of India and Prime Minister Modi, urging them to assign the projects to NBCC instead of Apex Group. They seek the removal of a stay on an NCLAT order that favored NBCC, citing concerns about Apex Group's proposal and financial viability.
NBCC gets Rs 161.55-crore contract from PFC for office interior works in Delhi
NBCC Ltd. has secured a significant Rs 161.55-crore order from PFC to execute interior and fit-out works for its newly acquired office space at the World Trade Centre in Nauroji Nagar, New Delhi. PFC's purchase includes 2,70,758 sq ft of carpet area across all floors of tower-H, developed by NBCC.
NBCC bags Rs 3,500 cr work order in Lucknow to undertake mixed use development
State-owned NBCC (India) Ltd has secured a Rs 3,500-crore order to develop a mixed-use project in Lucknow. Through a Memorandum of Understanding with Sarkari Awas Nirman Avam Vitt Nigam Ltd, NBCC will manage the planning, design, and development of the initial 50-acre phase of the 588-acre Poorvi Vihar project as the Project Management Consultant.
NBCC gets Rs 300-cr work order in Varanasi, Rs 44 cr contract at AIIMS Gorakhpur
State-owned NBCC has secured contracts worth Rs 368.75 crore for various projects. The major projects include a Rs 300-crore contract for developing a commercial complex in Varanasi, a Rs 24.38-crore contract for constructing a school at IIT Roorkee, and a Rs 44.37-crore contract for building a multi-storey facility at AIIMS Gorakhpur.
NBCC arm HSCC bags work orders worth Rs 599.35 cr in Maharashtra
NBCC's subsidiary, HSCC, has secured two contracts totaling Rs 600 crore from National Health Mission, Maharashtra. One contract, worth Rs 259.35 crore, involves establishing and operating 'Hinduhridaysamrat Balasaheb Thackery Aapla Dawakhana'. The other, worth Rs 340 crore, is for setting up Radiation Oncology Units in four districts.
NBCC secures Rs 500 cr contract from BIS
State-owned NBCC has secured a Rs 500 crore contract from the Bureau of Indian Standards (BIS) to construct buildings at multiple locations, including BIS headquarters in New Delhi, Central Laboratory in Sahibabad, and several regional labs in Noida, Mohali, and Bengaluru. NBCC, known for its project management and real estate services, announced the contract in a regulatory filing.
NBCC arm HSCC gets Rs 1,322.48cr worth work orders from Employees State Insurance Corporation
State-owned NBCC's subsidiary, HSCC (India) Ltd, has received contracts worth Rs 1,322.48 crore from the Employees State Insurance Corporation to construct a hospital in Manesar, Haryana, and add 500 beds to the ESIC Medical College and Hospital in Faridabad. The projects aim to enhance healthcare infrastructure.
NBCC arm bags Rs 1,261 cr contract to build AIIMS hospital in Darbhanga
NBCC's subsidiary, HSCC, has secured a Rs 1,261 crore contract to establish an AIIMS hospital in Darbhanga, Bihar, as announced in a regulatory filing. The contract was awarded by the union health ministry, highlighting NBCC's focus on project management consultancy and real estate.
NBCC announces issue of bonus shares in 1:2 ratio; to use Rs 90 crore free reserve for this purpose
NBCC Bonus Shares: State-owned NBCC (India) Ltd has approved the issuance of bonus shares in a 1:2 ratio, utilising Rs 90 crore from free reserves. The company will distribute 90 crore bonus shares, with October 7, 2024, set as the record date. This move aims to boost shareholder value and reflects the company's strong financial position.
NBCC gets Rs 100 crore contract from Oil India to build centralised core repository with lab facilities
State-owned NBCC (India) Limited has secured a Rs 100 crore contract from Oil India to build a centralised core repository with advanced laboratory facilities in Guwahati, Assam. The project is one of several collaborations between NBCC and Oil India, including works like hospital construction, group housing, guest house projects, and installation of solar rooftop panels in Assam, totaling approximately Rs 900 crore.
NBCC bags contracts worth Rs 450 crore in Chhattisgarh, Kerala
NBCC obtained Rs 450 crore contracts from the Supreme Court's Receiver for projects in Chhattisgarh and Kerala. ASPIRE aims to complete 38,000 flats. R Venkataramani is involved. The contracts were disclosed in a regulatory filing.
NBCC, HUDCO sign MoUs to collaborate in consultancy services, asset monetisation activities
State-owned NBCC and Housing and Urban Development Corporation Limited (HUDCO) have entered into a Memorandum of Understandings to collaborate on consultancy services and asset monetisation. NBCC focuses on Project Management Consultancy and real estate, while HUDCO provides financial assistance for housing and urban infrastructure projects.
NBCC gets Rs 332 crore order from Rani Lakshmi Bai Central Agriculture University
State-owned NBCC secures Rs 332 crore contract for infra development for Rani Lakshmi Bai Central Agriculture University. It constructs hostels, academic buildings, auditorium, sports facility, fisheries ponds, and offices. Along with this, NBCC has been granted the responsibility of renovating and furnishing of the Institute of Chartered Accountants of India (ICAI) Bhawan in Noida.
NBCC inks MoU to help in construction of 1 lakh housing units in Zambia
The MoU was signed through virtual mode by K P M Swamy, Director (Commercial), NBCC (India) Ltd and MaustafaSaadi, Chief Executive Officer, Scirocco Enterprises Ltd in the presence of P K Gupta, CMD, NBCC. The housing units are to be constructed by 2030.
Housing society built by state-owned NBCC declared unsafe, residents asked to vacate
The decision to demolish the society comes days after a portion of a housing complex named Chintels Paradiso in Gurugram's Sector 109 collapsed, leaving two women dead.
NBCC shares jump as company bags its largest ever overseas contract
The contract is NBCC’s biggest in the overseas market so far.
Jaypee Infratech acquisition: NBCC moves NCLAT seeking relief on certain conditions
ources said NBCC has made an appeal for modifying certain conditions mentioned in the NCLT order related to farmers' compensation for land acquisition in Noida and Greater Noida in Uttar Pradesh. It has also sought relief on payments to be made to some dissenting financial creditors like ICICI Bank.
NBCC India bags orders worth Rs 129 crore in February
"NBCC (India) Ltd has secured the total business of Rs 128.66 crore (approx) in the month of February, 2020," the company said in a filing to BSE.
NBCC climbs 2% on bagging Rs 720 crore order from CCL
The estimated project cost is Rs 720.32 crore, NBCC said.
Jaypee Infratech creditors meet to take stock of insolvency process
The NCLAT had clarified on June 10 that it did not bar lenders from voting against state-owned NBCC's resolution plan. It also directed Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain to report the outcome of voting process directly to it.
Jaypee Infratech insolvency: NBCC offers Rs 20 crore to operational creditors
Adani group has shown interest in making bid for Jaypee Infratech, while Jaypee group too has submitted bid for regaining control of its realty firm.
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