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JMC Projects secures new orders worth Rs 874 cr

Capital Market
  • Kal Somani has taken full ownership of IPL’s Rajasthan Royals, valuing the Jaipur franchise at about $1.6–1.63B. Beating The Times Group, Somani, formerly a minority holder, now leads a consortium backed by Walmart-linked investors and US business families, acquiring 100%.
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JMC Projects (India) has secured new orders of Rs 874 crore. The details are as follows:

Construction of elevated viaduct & five elevated stations of Kanpur Metro Rail Project of Rs 459 crore
Civil works for a Data Centre and B&F Projects in India of Rs 415 crore.

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First Published: Jun 22 2022 | 9:06 AM IST

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