DSIJ Mindshare

Gas Authority of India Limited (GAIL) launches commencement of work for Talcher Fertilizers Limited (TFL), coal gasification based urea production facility of TFL is first of its kind project in India, estimated investment Rs. 12,000 crore; output 1.27 MMTPA ‘Neem’ coated urea.

The subsidiary of Mercator, Mercator Petroleum Limited has begun the oil production and dispatch from its first well, Jyoti-1 in Cambay basin. Reacting to the news, shares of the Mercator surged almost 2 per cent intraday on Monday.

L&T Technology Services Limited (LTTS) secured a deal worth US$ 40 million in Europe. LTTS will provide AI and Virtual Reality based Engineering Content Management (ECM) solutions, thereby catering to the industrial products segment of a major technology corporation.

The book building initial public offerings (IPO) of two companies Garden Reach and Manorama Industries are open for subscription. Garden Reach is a PSU shipbuilders, while Manorama Industries is a speciality forest products company.

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 13,33,834.52 crore.