Jindal Steel Opens Capex Window
15/05/2021 , by in ALLIED

Having reduced its debt considerably over the last few quarters, Naveen Jindal-led Jindal Steel & Power (JSPL) plans to deploy its cash generated for doubling of capex—an option it had shut itself to on account of strong deleveraging focus. “With company’s consolidated net debt having come... Read more...

Laser Based Quality Control of Roads in Bihar
May 2021 , by in ALLIED

Bihar road construction department (RCD) now to use a “high precision laser-based technology” to check the quality of newly constructed roads and maintenance of old ones to save time, cost and ensure accuracy in assessment. The department till now relied on manual verification of quality cont... Read more...

IDFC First Bank to Become Aggressive on Home Loans
May 2021 , by in ALLIED

After stablising the liabilities (deposits) side of business, private lender IDFC First Bank intends to become aggressive in home loans to make it 40 per cent of total loan portfolio in long run. The bank has liabilities with a low cost Current Account and Savings Account (CASA) share of over... Read more...

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