Category : News

Of the overall amount being raised, the company plans to retain Rs. 500 cr. It will use Rs. 300 cr of the proceeds towards working capital, Rs. 100 cr for repaying short-term debt. February 11, 2019 Polycab India plans to raise Rs. 2500 crore by issuance of fresh equity and......

The company is set to establish a steel wire manufacturing plant called BSRM Wires in Chattogram citing a booming steel industry supported by mega projects that the government has set in motion. February 15, 2019 BSRM Group plans to spend approximately USD 54 million to build a steel wire manufacturing......

UAE’s Ducab has won three major contracts in Abu Dhabi for the supply of over 5000 km of cables and AAAC overhead conductors. January 29, 2019 The contracts include the design, manufacturing, and supply 220 kV EHV cables, 132 kV HV cables along with range of MV, LV power and......

The company has signed an export cable Pre-Construction Agreement (PCA) for delivery and installation of export cable system to the UK offshore wind farm project Inch Cape. January 29, 2019 NKT has signed a Pre-Construction Agreement (PCA) for delivery and installation of an export cable system for a prospective U.K.......

The company will supply optical fibre cables (OFC) for creating OFC network infrastructure worth Rs. 117 cr. to Tata Project Ltd. in the state of Chhattisgarh. March 6, 2019 Himachal Futuristic Communications Ltd. (HFCL) has received the Purchase Order (‘PO’) worth Rs. 117 cr. from Tata Project Ltd. for supply......

LS Cable & System is selling a stake in its subsidiary with the aim of securing capital to grow its EV parts business. March 6, 2019 LS Cable & System is slated to sell a 49 percent stake in its subsidiary LS Alsco to local private equity fund Keistone Partners......

The company will install underground electric cables in Kathmandu to minimise the risk of electrocution and to beautify the city. KP Industries Ltd will undertake the project worth Rs 6.60 billion with a deadline of 30 months from its initiation. In the first phase of the project, underground cables would......

The company has invested SGD 1,000,000 in Singapore-based Wilson Cables Private Limited, a manufacturer of premium cables for industrial and other critical applications. March 13, 2019 The Company has made additional investment to the extent of INR 50 millions in the equity capital of wholly owned subsidiary company namely Wilson......

TruRibbon™ is one such innovative solution that brings massive connectivity for multiple applications, at reduced cost. March 5, 2019 Sterlite Tech has launched TruRibbon™– Ribbon Reinvented at the Optical Networking and Communication Conference (OFC2019), happening at California. TruRibbon™– is a fully backward compatible ribbon cable that offers the high density......

This strategic cable system will connect many underserved Chilean regions to a state-of-the-art, high-speed broadband fiber network. February 21, 2019 Prysmian Group has been awarded with new contracts worth around €50 million by Gtd Teleductos S.A., a Chilean telecom operator, to develop a turnkey repeaterless submarine cable system connecting Arica......