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Nifty, Sensex reverses gains as the US premarket futures fall – Weekly closing report

Nifty, Sensex reverses gains as the US premarket futures fall – Weekly closing report Moneylife Digital Team  0 We had mentioned in last week’s closing report that Nifty, Sensex will follow global cues on tech stocks. The major indices rallied this week but faced a correction on Friday ending the week with minor gains over previous Friday’s close.       On Monday, the indices opened higher but lost all gains and ended flat. On the NSE, there were 1,175 advances, 728 declines and 85 unchanged.   Muthoot Group Chairman MG George Muthoot was admitted to a hospital after falling from the fourth floor of his house in Delhi and was later declared dead.

JMC Projects bags order worth Rs 1,000 crore from Maldives Fahi Dhiriulhun Corporation

JMC Projects bags order worth Rs 1,000 crore from Maldives Fahi Dhiriulhun Corporation
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JMC Projects bags Rs 1,000 cr orders from Maldives Fahi Dhiriulhun Corp

Engineering firm JMC Projects (India) on Tuesday said it has bagged construction order worth Rs 1,000 crore from Maldives Fahi Dhiriulhun Corporation. In a filing to the BSE, JMC Projects (India) Ltd said it has signed an agreement with Fahi Dhiriulhun Corporation Ltd, a state-owned company of the Government of the Republic of the Maldives, for the design, finance and construction of 2,000 social housing units in Hulhumale Island of Maldives. The company said the total value for this project is estimated to be around USD 137 million (Rs 1,000 crore) and is planned to be financed via a loan from a multilateral funding agency.

JMC Projects bags order worth ₹1,000 crore from Maldives Fahi Dhiriulhun Corporation

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