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Rajesh Exports has received an order worth ₹887 crore from a global white label importer in the United Arab Emirates.The order has to be completed by July 2017, the company on Wednesday said in a notification to the exchanges. The company will execute the order from its Bangalore facility. This facility has a processing capacity of 250 tonnes of jewellery and gold products per annum. With the order, the company’s order book at the consolidated level stands at ₹37,928 crore. Shares of Rajesh Exports were up 0.26 per cent at ₹585.15 on the NSE.
Kalpataru Power Transmission has bagged orders worth ₹1,200 crore. In an exchange filing, the company said the orders were for a transmission line turnkey project from the Transmission Corp of Telangana, Hyderabad, worth ₹402 crore; a Railway infrastructure construction project in Hyderabad for Rail Vikas Nigam, worth ₹464 crore; and a transmission line turnkey project in Abu Dhabi worth ₹336 crore. The stock of Kalpataru Power jumped 7.2 per cent at ₹310.10 on the NSE.
Panacea Biotec has launched a vaccine to protect newborn babies against six common diseases — diphtheria, tetanus, whooping cough, meningitis, hepatitis B, and polio, the company said in an exchange filing. Panacea Biotec said the vaccine wouldn’t require reconstitution or the need to be dissolved, as it is in liquid form. Shares of Panacea Biotech gained 4.22 per cent at ₹161.90 on the NSE.
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