Besides, kitchen appliances maker Stove Kraft and wire and cable maker Polycab India obtained the regulator's go- ahead to launch their respective initial public offers (IPOs).
ITI has filed draft red herring prospectus (DRHP) with SEBI in September 2018 as part of its follow on public offer (FPO) for offering 18 crore shares to public.
The procurement quota will also include 20 percent of the orders for the turnkey projects (like GSM network roll-out, Wi-Fi of BSNL and MTNL and BharatNet project network roll-out of BBNL).
Under the project, ITI is expected to establish 40,000 outdoor Wi-Fi access points in Rajasthan, the company said in a release. It said the project envisages supply, installation and maintenance of outdoor Wi-Fi access points along with associated RF Radio equipment in six months followed by operation and maintenance of the network for five years.
The Union Minister of State for Skill Development and Entrepreneurship said the Centre wants to take these ITIs to every community and rural development block in the country.
Earlier this month, L&T had quoted the lowest price for smart meters at Rs 2,722 per unit, which was 40-50 per cent lower than the current market price.
Mitessh made his first investment call in the year 1999 when he purchased Lupin and ITI. The general market conditions were quite bullish and both these stocks turned out to be multibaggers.
Rakesh Bansal of RK Global advises buying Adani Enterprises with a target of Rs 147.
Stocks in news | ITC | Sun Pharma | Britannia | Cipla | NMDC | Fortis Healthcare | Renaissance Jewellery | Lypsa Gems | ITI | Max Ventures | VA Tech Wabag | Tata Power | Infosys | NALCO | Dr Reddys Laboratories and UPL are stocks, which are in news today.
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The company has reported a net loss at Rs 65.6 crore in the Q3FY17 versus profit of Rs 7.1 crore, in the same period of last year.
The company has signed a Memorandum of Understanding (MOU) with ITI, an undertaking of Government of India, for its technology and product in defence and paramilitary.
Dynamic Levels is bullish on ITI has recommended buy rating on the stock with a target price of Rs 55 in its research report dated December 09, 2016.
Rakesh Bansal of R K Global suggests buying Cairn India with a target of Rs 262.
Ashish Kyal of Waves Strategy Advisors is of the view that oen may buy Adani Power with a target of Rs 35.
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have Just Dial, Interglobe Aviation, Jet Airways Dish TV India, Tata Communications.
ITI has reported a sales total income from operations of Rs 325.90 crore and a net profit of Rs 11.24 crore for the quarter ended Jun '16
Grasim Industries | Aditya Birla Nuvo | SBI | Prime Focus | Sharon Bio Medicine | Alkem Laboratories | JK Lakshmi Cement | Hero Motocorp | Gitanjali Gems | SP Apparels | DHFL | Sunil Healthcare | Rane Engine Valve | Bharat Financial Inclusion | NLC India | Coffee Day and Trent are stocks, which are in the news today.
Axis Bank | Cairn India | Vedanta | Canara Bank | Hinduja Ventures | IL&FS Engineering | IOC | ONGC | BPCL | Chennai Petroleum | Godawari Power | Cyient | Vivimed Labs | ITI | Gujarat Fluorochemicals | Religare Enterprises and Ponni Sugar are stocks, which are in the news today.
In an interview with CNBC-TV18, market expert SP Tulsian gave his stock picks for the day and shared his views on the IT raid at Indiabulls Housing.
ITI Limited will be allowed to transfer the requisite number of shares from President of India to SNIF as and when Capital grant is released in the form of equity infusion to ITI Limited as part of revival plan approved by Cabinet in February 2014 to meet for SEBI's minimum 10 percent Public Shareholding requirement.
ITI shares rallied 16 percent after the Cabinet has approved the sale of assets of the company while NBCC lost 9 percent on equity dilution concerns after the government cleared stake sale in the company. The Government of India holds 90 percent stake each in companies.
The Cabinet also cleared the stake sale in NBCC, the construction company, wherein the government has 90 percent shareholding as of March 2016.