Tril
Tata Realty appoints Gaurav Jain as MD and CEO to lead next growth phase
Tata Realty & Infrastructure Ltd (TRIL) on Friday said it has appointed Gaurav Jain as its new MD and CEO with effect from October 1st. TRIL, a wholly-owned subsidiary of Tata Sons Private Ltd, is one of the leading real estate developers in the country. Jain will succeed Sanjay Dutt, who became TRIL's MD and CEO in April 2018. Jain, who has more than 23 years of experience in the real estate sector, has worked at Birla Estates, Godrej Properties, Mahindra Lifespace Developers Ltd, and Unitech Group. Jain, as Managing Director (MD) and Chief Executive Officer (CEO) will lead TRIL through its next phase of growth, building on its strong presence across pan-India. His focus will be on strengthening the company's capabilities and advancing its vision for high-quality, sustainable and future-ready urban development, the statement said. Praveer Sinha, Chairman of TRIL, said Jain has strong real estate expertise across residential and commercial segments, along with a proven track ...
 "Tata Realty appoints Gaurav Jain as MD and CEO to lead next growth phase")
Transformers & Rectifiers share up 5% on Rs 565-cr order from Power Grid
The Transformers and Rectifiers (India) Ltd share soared after the company announced that it has secured an order worth Rs 565 crore from Power Grid Corporation of India.
 "Transformers & Rectifiers share up 5% on Rs 565-cr order from Power Grid")
TRIL freezes at 20% upper limit; hits new high on healthy business outlook
The company had a strong order book position of Rs 2,572 crore as on December 31, 2023 (Q3FY24).
 "TRIL freezes at 20% upper limit; hits new high on healthy business outlook")
TRIL terminates agreement to buy out IVRCL road projects
BS ReporterHyderabad, 14 August: Tata firm TRIL Roads Private Limited has terminated the share purchase agreement with Hyderabad-based IVRCL and revoked the bank guarantee to recover the advance of Rs 85 crore paid to the debt-laden infrastructure firm.In 2013 TRIL Roads had signed a definitive agreement to acquire BoT road projects related to Salem Tollways Limited, Kumarpalyam Tollways Limited and Chengapalli Tollways in Tamil Nadu from IVRCL while both the parties have agreed to extend and revive the key terms of the agreement last year.IVRCL has informed the stock exchanges about this development on Monday. It was not immediately known as to what triggered the exit of TRIL from the deal though lack of interest in strategic investor as far as taking the agreement to its logical conclusion was evident in years of delay.Hyderabad-based company reiterated that the sale consideration agreed for the divestment was lower than the carrying value of investment and outstanding advances by .
 "TRIL terminates agreement to buy out IVRCL road projects")