DSIJ Mindshare

Under pressure to reach its divestment target of Rs 1 trillion by March 2019, the Government of India is eager to list ONGC Videsh to unlock its value. If the government's proposal is approved, this will be another important IPO to watch out for.

Steel pipe maker Hi Tech Pipes has witnessed a growth of 59.3 per cent in its revenue on a yearly basis in the first quarter of FY19.

Dilip Buildcon, India’s largest road construction company, informed the bourses that it has been announced L-1 bidder for Bhopal Metro rail project, Phase-1. The order is amounting to Rs. 247.06 crore.

A subsidiary of Man Infraconstruction, Manaj Tollway Private Limited has won an arbitration case against Government of Maharashtra's PWD, the company informed through a filing to the exchange on Tuesday.

The Indian key benchmark indices reclaimed all-time high level for the first time after August 9 where Nifty Metal index led the move gaining 2.5 per cent on Monday. Recently, the index broke out of the downward sloping trendline yet again on closing basis supported by volumes and 14-period RSI positive crossover cuing momentum.