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Surana Solar reports standalone net profit of Rs 0.07 crore in the June 2021 quarter

Surana Solar reports standalone net profit of Rs 0.07 crore in the June 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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Surana Solar reports standalone net profit of Rs 0.02 crore in the March 2021 quarter

Surana Solar reports standalone net profit of Rs 0.02 crore in the March 2021 quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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SGX Nifty hints at flat opening for Nifty - The Hindu BusinessLine

SGX Nifty hints at flat opening for Nifty
May 05, 2021
But investors remain cautious due to shutdown fears
Markets to remain cautous though SGX NIfty points a flat opening, as pandemic-related local shut-downs continue keep investors on the edge.
The SGX Nifty at 14,589 (8 am IST) signals a mild positive opening for Nifty futures, which on Tuesday closed at 14,549.30. The US stocks, which slumped in early session on Tuesday due to Joe Biden s super rich tax fears, ended the day in the positive territory. However, the tech-heavy Nasdaq remained weak throughout the day as investors booked profits in heavy-weight stocks. S&P 500 too closed in the red. Most Asia-Pacific markets remained closed on Wednesday . Cues from Australia, Korea and Taiwan are positive. ....

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Surana Solar Ltd wins arbitration against Paradip Port Trust

Surana Solar Ltd wins arbitration against Paradip Port Trust
Posted On:
2021-04-08 23:31:40
(Time Zone: Arizona, USA)
Surana Solar Ltd was awarded an EPC contract for execution, operation & maintenance of a 10W (AC) Solar Power Plant by Paradip Port Trust (PPT) in the year 2016. However in the course of implementation, certain disputes arose between the Company and PPT with regard to the project. PPT had cancelled the LOI / terminated the contract and encashed the Performance Bank Guarantee and Mobilization advance Bank Guarantee.
The Company had challenged such arbitrary action before the Arbitral Tribunal constituted by the Hon ble High Court of Odisha. Upon the contest, the Tribunal on 8th April, 2021 has passed an Award in favour of the Company for a sum of Rs. 8,69,34,723/- towards the amount of encashed Bank Guarantee, interest on such amount and Arbitration cost. ....

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Surana Solar standalone net profit declines 57.89% in the December 2020 quarter

Read more about Surana Solar standalone net profit declines 57.89% in the December 2020 quarter on Business Standard. Sales rise 20.00% to Rs 3.66 crore ....

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