Quess Corp in focus on acquiring majority stake in TBSS

Quess Corp said that its board approved the acquisition of 51% equity stake in Tata Business Support Services (TBSS) for cash consideration of upto Rs 153 crore. The announcement was made after market hours yesterday, 20 November 2017.

Shares of NBCC (India) and Simplex Infrastructures will be in focus. NBCC (India) said it has awarded the contract for construction of various buildings for IIT Bhubaneswar at Bhubaneswar and its extended campus to Simplex Infrastructures, Kolkata for about Rs 524.12 crore with completion period of 15 months. NBCC will get project management consultancy fee on the same. The announcement was made after market hours yesterday, 20 November 2017.

Aksharchem (India) said it has planned a shutdown of CPC green plant at Mehsana district with effect from 24 November 2017 to carry out the process of streamlining utilities for expansion capacity of CPC Green and to commission violet plant, which will affect CPC green production in Q3 December 2017. The shutdown is expected to last up to 6 December 2017. The announcement was made after market hours yesterday, 20 November 2017.

Satin Creditcare Network said that National Housing Bank has granted certificate of registration to the company's wholly owned subsidiary Satin Housing Finance on 14 November 2017, to commence housing finance business. The announcement was made after market hours yesterday, 20 November 2017.

ARSS Infrastructure Projects announced that it received a work order worth Rs 87.09 crore from Rail Vikas Nigam. The order is for execution of balance work of roadbed, major & minor bridges, track linking, S&T service buildings, other civil works and outdoor signaling in connection with doubling work between BLSN to RVH (In) section (Excluding ANMD yard) and residential & other service buildings at MSMD & ANMD of Sambalpur Division of East Coast Railway & Raipur division of SECR in the state of Chhattisgarh, India a part of Raipur - Titlagarh doubling. The announcement was made after market hours yesterday, 20 November 2017.

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