The company has reported a mixed set of numbers in its quarterly results (Q3FY24) and nine-month results (9MFY24).Bharat Heavy Electricals Limited (BHEL) secured a significant domestic order worth approximately Rs 4,000 crore (excluding GST) from Adani Power Limited on March 27, 2024. This contract involves BHEL supplying equipment (boilers, turbines, generators) and supervising the erection.
Open FlipThe eagerly awaited T+0 settlement cycle in the Indian capital markets became operational on 28 March, albeit on an optional basis, after the Securities and Exchange Board of India (Sebi) board approved a pilot. For now, T+0 settlement will run parallel to the existing T+1 settlement cycle in the equity cash segment. Sebi will assess the pilot after three and six months.
Open FlipThe Gujarat high court on Wednesday ordered the state govt to take possession of Surat’s Agriculture Produce Market Committee’s (APMC) five-star hotel constructed on the market yard’s land. It also ordered a public auction of the property and directed authorities to deposit the amount to state’s market funds.
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