Tantia Constructions wins contract worth Rs50.5 crore

Tantia Constructions Ltd has received a contract worth Rs50.5 crore from the Metro Railway, Kolkata.

The contract includes execution of civil engineering works between Noapara and Dum Dum cantonment, said the company in a regulatory filing. 

On Wednesday, Tantia Constructions shares jumped 14.2% to Rs94 on the Bombay Stock Exchange, while the benchmark Sensex ended 1.2% up at 18,257 points.

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Arshiya International launches its Free Trade Warehousing Zone in Panvel

Arshiya International Ltd, a supply-chain and logistics infrastructure solutions company, said it launched its free trade warehousing zone (FTWZ), a first of its kind in India, at Panvel near Mumbai.

The 165-acre facility will be operational over two phases. The facility will employ over 25,000 people at full capacity and is expected to cost around Rs1,500 crore, said the company in a regulatory filing.

On Wednesday, Arshiya International shares gained 3.7% to Rs292 on the Bombay Stock Exchange, while the benchmark Sensex ended 1.2% up at 18,257 points.

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Reliance Broadcast Network in joint venture with CBS Studios

Reliance Broadcast Network Ltd, formerly known as Reliance Media World Ltd, said it signed a joint venture agreement with CBS Studios Inc, a division of CBS Corporation for various media deals. No financial details were provided.

The joint venture will initially create three new television channels. The channels will be English entertainment channels, customised for the Indian market offering audiences immediate access to new and current CBS programmes, said the company in a regulatory filing.

On Wednesday, Reliance Broadcast Network shares closed 5% higher at Rs81 on the Bombay Stock Exchange, while the benchmark Sensex ended 1.2% up at 18,257 points.

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