Mobile Tele Communications Ltd said it signed an agreement with Israel-based remote video monitoring and surveillance (RVMaS) services provider NeoVSP to launch the video surveillance service in India.
No financial details were provided but Mobile Tele said it expects to connect 1 lakh customers across India over next three years with the technology on monthly subscription.
On Friday, Mobile Tele Communications shares ended 4.8% higher at Rs5 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.9% down at 17,574 points.
MIC Electronics Ltd said it entered in partnership with Indian Oil Corporation Ltd (IOC) for study and development of combined solar and light-emitting diode (LED) light source based products as well as projects for foray into green and energy efficient technologies. No financial details were provided.
The two companies have successfully initiated pilot marketing of solar based LED lanterns on commercial scale in select state offices of IOC marketing division.
On Friday, MIC Electronics and IOCL shares ended 3.2% and 10.4% up at Rs40 and Rs377, respectively on the Bombay Stock Exchange. The benchmark Sensex closed 0.9% down at 17,574 points
Hindustan Construction Company Ltd (HCC) said it received a letter of award from Himachal Pradesh Power Corporation of India Ltd for execution of engineering, procurement and construction (EPC) work for 100 MW Sainj hydroelectric project in Kullu. The contract, worth Rs431 crore, is to be completed in 48 months.
On Friday, HCC shares ended 1.3% down at Rs116 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.9% lower at 17,574 points.