HBL Engineering Limited has recently been awarded a significant contract by Central Railway for the implementation of the Kavach railway safety system. This development marks a crucial step in enhancing railway safety and automation in India. The contract, comprising five separate agreements, highlights HBL Engineering’s growing role in the railway infrastructure sector. Details of the …
Aditya Birla Real Estate Ltd (ABREL) has announced the sale of its pulp and paper business to ITC Limited for a total cash consideration of ₹3,498 crore. The strategic move is part of ABREL’s broader plan to concentrate on its core real estate operations. Strategic Divestment for Business Focus In a regulatory filing, ABREL stated …
Kalpataru Projects International Limited (KPIL), a leading engineering and construction company, has announced the acquisition of new contracts worth approximately ₹621 crores. These projects span the Buildings and Factories (B&F) sector and the railway infrastructure segment in India. This development reinforces KPIL’s stronghold in the power and infrastructure industry, aligning with its strategic growth objectives. …
Godrej Properties share price is on focus on Tuesday. sold homes worth over ₹2,000 crore at the launch of Godrej Riverine in Noida. This was originally launched in March 2025 and covers over 9 lakh square feet. It spans 6.46 acres og land and comprises luxury residential apartments. It is located in Sector 44, Noida. …
LTIMindtree has expanded its strategic partnership with Google Cloud to enhance business transformation through Agentic AI. This collaboration aims to drive widespread adoption of Generative AI (GenAI) across multiple industries. By leveraging Google Cloud’s advanced technologies, including Gemini models and Vertex AI, LTIMindtree seeks to modernise cloud infrastructures and create industry-specific AI-driven solutions. Driving Innovation …
Engineers India Limited (EIL) has been awarded major consultancy projects by state-owned organisations in Maharashtra and West Bengal. These assignments, valued at approximately ₹245 crores, will be executed on a cost-plus basis. This milestone highlights EIL’s expertise and reinforces its position as a leading engineering consultancy firm in India. Overview of the New Assignments EIL …
Sathlokhar Synergys E&C Global Limited has recently secured significant contracts amounting to ₹85.12 crores, demonstrating its strong market presence and execution capabilities. These orders contribute to the company’s total order book value, which now stands at ~₹1124.02 crores (excluding GST). These projects are expected to be executed before 31st March 2026, further strengthening the company’s …
Vedanta Ltd has announced an extension of the deadline for the demerger of its businesses from 31 March 2025 to 30 September 2025. The delay has been attributed to pending approvals from government authorities and the National Company Law Tribunal (NCLT). The demerger aims to create independent entities for Vedanta’s aluminium, oil & gas, power, …
InterGlobe Aviation Limited, the parent company of IndiGo, has recently been issued a significant tax penalty by the Income Tax Department. Background of the Tax Dispute InterGlobe Aviation Limited, the parent company of IndiGo, has recently been subjected to a substantial tax penalty imposed by the Income Tax Department. The penalty, amounting to ₹944.20 crore, …
JSW Steel Ltd has reaffirmed its commitment to securing raw material supply and optimizing costs by focusing on domestic coking coal production. As part of this strategy, the company is commissioning three coking coal mines in India to reduce reliance on expensive imported coal. To strengthen its position further, JSW Steel participated in the bid …
