Inox Wind, H.G. Infra and Central Bank of India to see some action today

Inox Wind has entered into a share purchase agreement with its subsidiary, Inox Wind Infrastructure Services (IWISL) to acquire the entire issued and paid up equity share capital of Resco Global Wind Services (Resco), a step down subsidiary company. Consequent upon the said acquisition, Resco Global Wind Services which was earlier a step down subsidiary shall become the Company's direct wholly owned subsidiary.

H.G. Infra Engineering has been declared as L-1 bidder by National Highways Authority of India (NHAI) for two HAM projects. Development of Six Lane Kaliagura - Baunsaguar Section of NH-130-CD Road from km 249+000 to km 293+000 under Raipur-Visakhapatnam Economics Corridor in the state of Odisha on Hybrid Annuity Mode (Package - OD-5) (Length 44.000 km). The NHAI bid project cost is Rs 1338.27 crore and HGINFRA's bid project cost is Rs 1,492.11 crore. Development of Six Lane Baunsaguar - Baraja Section of NH-130 CD Road from km 293.000 to km 338.500 under RaipurVisakhapatnam Economics Corridor in the state of Odisha on HAM (Package OD-6). The NHAI bid project cost is Rs 958.98 crore and HGINFRA's bid project cost is Rs. 1,123.11 crore.

To take India one step ahead and provide self-service convenient banking to its customers Central Bank of India has introduced passbook printing kiosk. Bank has planned to install 1000 such machines in the coming days to enhance customer experience while inaugurating its first passbook printing kiosk at Bank's Main office in Mumbai.

Choice International has incorporated a wholly owned subsidiary in the name of Choice Housing Finance. Through it's a wholly owned subsidiary Choice Housing Finance, the group is keen on expanding its horizon of services by providing Housing Finance Services, subject to the approval from the statutory Authorities.

Sanco trans has sold its entire equity holding of 50,000 equity shares of Rs. 10/- each held in its wholly owned subsidiary, SANS CFS (formerly known as Sanco Clearance) to Triway Container Freight Station. Subsequent to the afore said sale, SANS CFS has ceased to be the wholly owned subsidiary / subsidiary of the Company.

Rama Phosphates has received Consent to Operate from Rajasthan State Pollution Control Board, for manufacturing of Single Super Phosphates (SSP) and Granulated Single Super Phosphate (GSSP) with enhanced capacities at Udaipur Unit. Single Super Phosphates’ (SSP) additional capacity is 69000 MTPA and Granulated Single Super Phosphate’s additional capacity is 69000 MTPA. Thus, the total aggregate capacity of the Company as whole is increased from 5.63 lakh TPA to 6.32 lakh TPA.

Vodafone Idea and smart world and communication business of engineering and construction conglomerate Larsen and Toubro (L&T) have joined hands for a pilot project to test 5G-based smart city solutions. This is part of the ongoing 5G trials on government-allocated spectrum. The companies will collaborate to test and validate 5G use cases built on Internet of Things (IoT), Video AI (Artificial Intelligence) technologies leveraging L&T's Smart City platform - fusion, addressing the challenges of urbanisation, safety and security and offering smart solutions to the citizens.