Indian Hume Pipe Company has received two Letters of Acceptance aggregating to Rs. 551.40 crore (including GST) from Water Resources Investigation Division, Palanpur, Gujarat, the company informed bourses on Tuesday.

The board of directors of Mahindra CIE Automotive has approved the acquisition of 100 per cent of the issued and outstanding share capital of Aurangabad Electricals and authorized the signing of a share purchase agreement. 

KEC International, an infrastructure EPC major, has secured new orders of Rs. 1,323 crore across its various businesses, according to the company’s exchange filing.

When it comes to short-term investment in equities, then large-caps are the way to go. However, index funds have come a long way and have proved to be one of the better ways to invest with a passive investment strategy. So, should you consider investing in it as against large-cap fund? Let’s find out.

Adani Transport, a wholly-owned subsidiary of Adani Enterprises, has received Letter of Awards for 2 hybrid annuity road projects (HAM) from National Highways Authority of India (NHAI) in the state of Telangana.

Welspun Corp has received additional pipe orders of 212 KMT on a global basis. The shares gained almost 5 per cent on an intraday basis.

PSP Projects has received work orders worth Rs 601.21 from multiple clients. The shares of the company have climbed over 3 per cent in the morning session.

Following stocks are close to their 52-weeks low as at 2.28 p.m. on March 12, 2019.

The markets on March 12, 2019 opened gap up. BSE Sensex is trading at 37,448.35, up by 394.25 points and the Nifty is trading at 11,282.90, up by 114.85 points. 

Standard Life will sell 4.93 per cent stake in HDFC Life Insurance for Rs. 3,570 crore in order to comply with the public shareholding norm. Standard Life is the joint venture partner in HDFC Life Insurance. Standard life holds 29.2 per cent whereas HDFC holds 51.5 per cent.