H.G. Infra Engineering Limited (HGINFRA), in collaboration with D.E.C. Infrastructure, has secured a LOA from RLDA for the ₹2,469 crore redevelopment of New Delhi Railway Station under the EPC model, with a bid project cost of ₹2,195.68 crore.

Project Award and Acceptance

HGINFRA, in partnership with D.E.C. Infrastructure and Projects (India) Private Limited, has been awarded a major contract by the RLDA. The company received a Letter of Acceptance, marking a crucial milestone in its infrastructure development portfolio. This project aligns with the company’s ongoing expansion efforts and reinforces its position as a key player in the infrastructure sector.  

Project Scope and Financial Details

The awarded contract focuses on the redevelopment of the New Delhi Railway Station and its associated infrastructure under the Engineering, Procurement and Construction (EPC) mode. The estimated bid project cost stands at ₹2,195.68 crore, while the overall estimated project cost is ₹2,469 crore. The project is expected to be completed within a timeframe of 45 months, emphasising efficiency and timely execution.  

About the company 

H.G. Infra Engineering Limited is a major Indian infrastructure firm specializing in roads, bridges, railways and metro projects. It partners with government bodies like NHAI and MoRTH, as well as industry giants such as Adani and Tata Projects, with a market capitalization of ₹76.11 billion.

Share Performance 

As of February 12, 2025, at 12:40 PM, the shares of HG infra are trading at ₹1,168.75 per share, reflecting a loss of 0.10% from the previous day’s closing price. Over the past month, the stock has registered a loss of 10.71% and over the last year it has declined by 22.37%. The stock’s 52-week high stands at ₹1,879.90 per share, while its 52-week low is ₹855.05 per share.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

BP Plc, a leading global energy company, has signed a Memorandum of Understanding (MoU) with Engineers India Ltd (EIL) to explore opportunities in oil, gas, and refining operations. The agreement aims to leverage EIL’s engineering expertise to support BP’s global assets, strengthening technical collaboration between the two firms. The MoU was signed during the India Energy Week (IEW).

Strategic Collaboration for Technical Support

Under the agreement, BP and EIL will form joint working teams to assess and enhance technical capabilities across BP’s refining, terminals, pipelines, and offshore/subsea projects. EIL, known for its expertise in engineering consultancy, will contribute to design, procurement, construction, and project management services, ensuring high-quality and safety standards.

Expanding Future Opportunities

The partnership may also extend beyond oil and gas, with discussions on additional energy vectors as part of future collaborations. The MoU signifies BP’s commitment to strengthening its operations with specialised technical support, while EIL gains a strategic opportunity to contribute to a major global energy player’s projects.

Engineers India Share Performance

As of February 12, 2025, at 1:10 PM, the shares of Engineers India are trading at ₹161.86 per share, reflecting a surge of 0.47% from the previous day’s closing price. Over the past month, the stock has been flat down by 0.1%.

Conclusion

The collaboration between BP and EIL represents a significant step towards enhancing technical efficiency in oil, gas, and refining projects. By combining expertise, the two firms aim to drive innovation and operational excellence across BP’s global energy assets.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Nippon Life India Asset Management has launched the Nippon India ETF Nifty 50 BeES GIFT through its IFSC branch in GIFT City. This fund will act as a feeder fund into the Nippon India ETF Nifty 50 BeES, India’s first and oldest exchange-traded fund (ETF) that invests in the country’s top 50 companies by market capitalisation. The launch marks a significant step in strengthening financial ties between India and Japan while leveraging the regulatory and tax benefits of GIFT City, India’s emerging international financial hub.

Expanding Investment Opportunities in GIFT City

The introduction of this fund comes at a time when India and Japan are enhancing their trade and investment relations. GIFT City, a designated special economic zone, provides exclusive tax incentives and a favourable regulatory framework, making it an attractive destination for global financial institutions. By launching the Nippon India ETF Nifty 50 BeES GIFT, Nippon Life India Asset Management aims to capitalise on these advantages while offering investors a seamless entry into India’s capital markets.

Japanese Investors Gain Access to India’s Market

Nissay Asset Management Corporation, a subsidiary of Nippon Life Insurance Company, has launched the Nissay India Equity Fund in Japan. This fund will serve as a feeder into the Nippon India ETF Nifty 50 BeES GIFT, enabling Japanese investors to invest in India’s leading companies through ETFs. The use of GIFT City’s tax-efficient structure allows for reduced costs and enhanced investment returns.

Currently, NAM India advises four India-focused funds in Japan and manages three alternative investment funds (AIFs) in India with Japanese investors. These funds span across sectors such as real estate, ETFs, and venture capital, reinforcing the growing interest of Japanese investors in India’s financial markets.

Nippon Life India Asset Management Share Performance

As of February 12, 2025, at 3:25 PM, shares of Nippon Life India Asset Management are trading at ₹551.00 per share, reflecting an upside of 1.88% from the previous day’s closing price. Over the past month, the stock has registered a loss of 13.34%

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Arkade Developers Limited has announced the acquisition of a large-scale redevelopment project in Dahisar East, Mumbai. The project, covering 6.5 acres (26,286 square metres), is set to generate a Gross Development Value (GDV) of approximately ₹1,700 crore. This move aligns with Arkade’s strategic expansion in the Mumbai Metropolitan Region (MMR), reinforcing its position in the competitive real estate market.

On the back of this development, the stock price of Arkade Developers has gained over 2% as of 2:23 PM on February 12, 2025.

Project Highlights and Strategic Location

The redevelopment project will offer a total saleable area of approximately 6,76,000 square feet, incorporating both residential and commercial spaces. Its strategic location near Dahisar Railway Station, Anand Nagar Metro Station, and the Western Express Highway makes it a prime real estate development, catering to the growing demand for high-quality living spaces in Mumbai.

Arkade Developers’ Growth Trajectory

The latest acquisition is part of a broader expansion strategy. In January 2025, Arkade Developers acquired a 4-acre land parcel in Goregaon West, currently leased to Filmistan Pvt. Ltd., with a projected revenue of ₹2,000 crore. Additionally, the company has secured three redevelopment projects across Andheri East, Malad West, and Borivali West, covering approximately 5 acres, with an estimated turnover of ₹2,150 crore.

Commitment to Timely Project Execution

Arkade Developers has built a strong reputation for timely project completion. In FY2024-25, the company received four Occupation Certificates (OCs) ahead of the RERA schedule for its premium projects in the western suburbs—Arkade Crown, Arkade Aspire, Arkade Aura, and Arkade Prime. This achievement highlights the company’s commitment to efficiency and customer satisfaction, with over 650 units delivered and more than 450 families already in possession of their homes.

Expanding Mumbai’s Skyline

With a pipeline of 16 projects in the MMR—six ongoing and ten upcoming—Arkade Developers is poised for significant growth. The company remains committed to delivering high-quality residential and commercial developments, further contributing to Mumbai’s evolving skyline.

About Arkade Developers

Arkade Developers Limited, listed on both the BSE and NSE, has over 38 years of experience in real estate development. The company has completed 31 projects, developing over 5.5 million square feet, with an additional 2 million square feet under development. Upholding core values of trust, transparency, commitment, and happiness, Arkade continues to set benchmarks in Mumbai’s real estate landscape.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

At Aero India 2025, Tata Elxsi, a global leader in design and technology services, and Garuda Aerospace, a pioneering UAV manufacturer, have signed a Memorandum of Understanding (MoU) to establish a Centre of Excellence for UAV (Unmanned Aerial Vehicle) Design and Development. This initiative is aimed at enhancing indigenous UAV capabilities across various sectors, including defence, agriculture, and smart cities.

Tata Elxsi’s share price is trading in the green, up 0.25% as of 2:16 PM on February 12, 2025.

Driving Innovation with AI-Powered UAVs

The collaboration between Tata Elxsi and Garuda Aerospace will focus on the design, engineering, and certification of UAVs, integrating advanced artificial intelligence (AI) and machine learning (ML) technologies. These enhancements are expected to:

• Improve drone efficiency, reducing energy consumption by 20%.
• Lower operational costs by over 20%.
• Accelerate UAV development cycles by up to 6 months.

The Centre of Excellence will also foster a 100% indigenous vendor ecosystem, reducing dependency on imports and supporting India’s self-reliance in aerospace technology under the ‘Make in India’ initiative.

Expanding Applications Across Industries

Garuda Aerospace, with its expertise in UAV manufacturing, will lead business acquisition and delivery, focusing on multiple applications such as:

• Defence & Border Security – Supporting intelligence, surveillance, and reconnaissance (ISR) missions.
• Agriculture – Enabling precision farming through UAV-based solutions.
• Smart Cities – Enhancing urban planning and monitoring with drone technology.
• Logistics & Goods Delivery – Improving payload management and last-mile delivery efficiency.

Strengthening India’s Aerospace Ecosystem

Tata Elxsi will contribute its deep expertise in avionics, miniaturisation, ground control systems, and secured communication technologies. Its proven track record in avionics certification, including compliance with DO-254 and DO-178C standards, ensures regulatory adherence and safety in UAV development.

This partnership will also generate new employment opportunities and contribute to the growth of India’s aerospace workforce.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Suzlon Group, India’s largest renewable energy solutions provider, has announced a significant repeat order of 201.6 MW from Oyster Renewable. This order strengthens Suzlon’s position as a key player in India’s wind energy sector and extends its partnership with Oyster Renewable to a total of 283.5 MW in Madhya Pradesh.

This development comes as part of India’s broader clean energy transition, reinforcing the growing demand for wind energy solutions, particularly from commercial and industrial (C&I) consumers. Notably, 59% of Suzlon’s total order book now consists of C&I projects, demonstrating a shift towards sustainable energy in the industrial sector.

The share price of Suzlon Energy was trading 1.54% lower as of 12:20 PM on February 12, 2025.

Strengthening India’s Renewable Energy Infrastructure

Suzlon will install 64 state-of-the-art S144 wind turbine generators (WTGs), each with a rated capacity of 3.15 MW, supported by Hybrid Lattice Towers (HLT). The order will be executed in Madhya Pradesh, a region emerging as a hub for wind energy.

Girish Tanti, Vice Chairman of Suzlon Group, highlighted the growing trust in Suzlon’s capabilities, stating: “After working with us for commissioning, Oyster has now trusted Suzlon with a full EPC order—reinforcing our position as the preferred renewable energy partner.”

This repeat order not only cements Suzlon’s relationship with Oyster Renewable but also affirms its expertise in end-to-end renewable energy solutions, from land acquisition to operations and maintenance (O&M).

Suzlon’s Expanding Order Book Reaches Record 5.7 GW

With this latest deal, Suzlon’s order book has reached a record 5.7 GW, the highest ever for the company. This surge is primarily driven by demand from the C&I segment, which continues to seek cost-effective and reliable renewable energy solutions.

JP Chalasani, CEO of Suzlon Group, remarked: “Madhya Pradesh has become a key wind energy hub, and we are proud to continue contributing to the state’s renewable journey. This is our 5th repeat order this year, highlighting our customer-centric approach and commitment to a sustainable future.”

About Suzlon and Oyster Renewable

Suzlon Group

Suzlon is a leading global renewable energy solutions provider with over 20.9 GW of wind energy capacity installed across 17 countries. The company has world-class R&D facilities in Germany, the Netherlands, Denmark, and India, and has played a crucial role in India’s wind energy expansion.

Oyster Renewable Energy Pvt Ltd

Oyster Renewable develops and operates renewable energy projects, primarily catering to commercial and industrial consumers. With a team that has over 20 years of experience in the renewable energy sector, the company has delivered over 2,000 MW of capacity and aims to expand further through hybrid solar and wind solutions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Indo Count Global East Inc., a subsidiary of Indo Count Industries Ltd, is set to enhance its utility bedding business with a new greenfield manufacturing facility in North Carolina, USA. This move aligns with the company’s strategy to expand its footprint across key U.S. regions, complementing its existing manufacturing units in Phoenix, Arizona (West Coast) and Columbus, Ohio (Midwest).

The new facility will focus on producing 18 million pillows annually, reinforcing Indo Count’s position as a key player in the bedding industry. The initiative highlights the company’s commitment to operational scalability and customer-centric innovation, ensuring improved service across the East Coast, West Coast, and Midwest markets.

On the back of this development, the share price of Indo Count has jumped 13% as of 12:08 PM on February 12, 2025.

Investment and Funding Structure

The North Carolina facility is being developed with an investment of approximately $15 million, structured through a 75:25 debt-equity ratio. This investment underscores Indo Count’s long-term vision of sustainable growth in the U.S. market.

With this expansion, Indo Count’s total U.S. annual manufacturing capacity will increase to 31 million pillows and 1.5 million quilts across its three facilities. This move is expected to contribute to a combined revenue of approximately $175 million from Indo Count’s U.S. operations.

Leadership’s Vision for Growth

Commenting on this strategic move, Mr Anil Kumar Jain, Executive Chairman of Indo Count, emphasised the importance of the expansion, stating: “The establishment of our new greenfield facility in North Carolina marks a significant milestone in Indo Count’s growth strategy. This project is not just about increasing capacity; it’s about creating a nationwide manufacturing network that enhances our ability to serve customers efficiently.”

By investing in cutting-edge manufacturing capabilities, Indo Count aims to strengthen its position as a leading provider of utility bedding solutions, while ensuring operational excellence and sustainable growth.

About Indo Count Industries Ltd.

Indo Count Industries Ltd. (ICIL) is a globally recognised home textile manufacturer, specialising in bed linens, fashion bedding, institutional bedding, and utility bedding solutions. The company has a strong presence in international markets and holds key brands and licences, including:

• Boutique Living and Layers (Domestic markets)
• Licensed brands such as GAIAM, Jasper Conran, Fieldcrest, and Waverly
• Recently acquired WAMSUTTA, a 175-year-old U.S. national brand

Indo Count operates with a robust manufacturing capacity of 153 million metres of bed linen annually. Under the leadership of Mr. Anil Kumar Jain, the company has built a reputation for quality, innovation, and customer-centricity.

Additionally, the company maintains strong credit ratings, with ICRA AA- (Stable) and CARE AA- (Positive) for long-term bank facilities, reflecting its financial strength and stability.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.