Corporate News     04-Mar-21
NBCC (India) signs MoU with Rashtriya Ispat Nigam
For redevelopment and monetization of land at Maddilapalem, Visakhapatnam
NBCC (India) has executed a MoU with Rashtriya Ispat Nigam (RINL) for redevelopment and monetization of 22.19 acres of Land Parcels at Maddilapalem, Visakhapatnam on 26 February 2021 on self sustainable model.

NBCC shall be paid Project Management Consultancy (PMC) fee @7% of the estimated/approved project cost or actual project cost (whichever is lower).

NBCC shall also be paid Project Marketing fee @1% of actual sale proceeds on account of expenditure towards appointment of real estate consultant, publicity, marketing, sale etc of commercial and residential spaces.

Previous News
  Benchmarks trade in positive terrain; broader mkt outperforms
 ( Market Commentary - Mid-Session 12-Sep-24   12:33 )
  NBCC (India) fixes record date for final dividend
 ( Market Beat - Reports 24-Aug-24   13:59 )
  NBCC gains on inking MoU with MTNL for Rs 1,600 cr project
 ( Hot Pursuit - 12-Sep-24   11:15 )
  NBCC update on sale of commercial built-up space at Down Town Sarojini Nagar
 ( Corporate News - 29-Aug-24   14:17 )
  HSCC (India) wins order of Rs 1,261 cr for setting up AIIMS in Darbhanga, Bihar
 ( Corporate News - 23-Sep-24   14:09 )
  NBCC gains after arm bags order worth Rs 1,261 cr from Health Ministry
 ( Hot Pursuit - 23-Sep-24   14:26 )
  Board of NBCC (India) approves increase in authorised share capital
 ( Corporate News - 27-Jun-24   17:52 )
  Mahanagar Telephone Nigam signs MoU with NBCC
 ( Corporate News - 12-Sep-24   11:13 )
  NBCC zooms on securing new orders worth Rs 878 cr
 ( Hot Pursuit - 11-Jun-24   15:05 )
  NBCC (India) rises on Rs 560-cr order win
 ( Hot Pursuit - 20-Feb-24   12:46 )
  HSCC (India) wins order of Rs 459 cr from Govt. of Maharashtra
 ( Corporate News - 29-Feb-24   15:24 )
Other Stories
  GAIL (India) signs MoU with AM Green
  04-Oct-24   19:27
  EaseMyTrip.com resumes bookings to the Maldives
  04-Oct-24   19:25
  BLS completes acquisition of Dubai-based Citizenship Invest
  04-Oct-24   19:23
  Insecticides India launches new maize herbicide 'Torry Super'
  04-Oct-24   19:21
  Landmark Cars receives LoI from Mercedes-Benz India
  04-Oct-24   19:19
  Astra Microwave Products receives affirmation in credit ratings from CRISIL
  04-Oct-24   19:16
  Supreme Petrochem receives affirmation in credit ratings
  04-Oct-24   19:10
  Astec LifeSciences director resigns
  04-Oct-24   19:08
  Board of Gravita India approves change in directorate
  04-Oct-24   19:05
  Board of Gravita India approves fund raising up to Rs 1,000 cr
  04-Oct-24   19:03
Back Top