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| March 17, 2024, 7:55 a.m.
Mother Dairy Announces ₹750 Crore Investment to Expand Operations
Mother Dairy plans to invest ₹650 crore in setting up two new processing plants for milk, fruits, and vegetables, along with an additional ₹100 crore for expanding existing capacities. The investment aims to meet the rising consumer demand and expand distribution networks. The new dairy plant in Nagpur, Maharashtra, and the fruit processing plant in Karnataka are expected to enhance production capacities and serve markets across central and southern regions. Despite challenges, Mother Dairy anticipates a moderate growth rate in the current fiscal year.
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| Feb. 7, 2024, 5:55 a.m.
Larsen & Toubro Bags Orders Worth ₹2,500-₹5,000 Crore in Power Sector
Larsen & Toubro Ltd, a prominent name in India's infrastructure sector, has clinched multiple orders valued between ₹2,500 to ₹5,000 crore. The company's power transmission and distribution (PT&D) business secured significant orders both domestically and in the Middle East. These orders encompass diverse projects ranging from a 75MW Floating Solar PV plant in India to turnkey construction of a 380kV Substation in Saudi Arabia. The stock of Larsen & Toubro traded positively following this news, reflecting investor confidence in the company's capabilities and growth prospects.
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