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GAIL Seeks 26% Stake in US LNG Project and 15-Year Supply Deal Amid Trade Talks

GAIL Seeks 26% Stake in US LNG Project and 15-Year Supply Deal Amid Trade Talks

15 April 2025

GAIL (India) Ltd has issued a tender to acquire up to 26% equity in a liquefied natural gas (LNG) project in the United States. The company is also looking to sign a 15-year LNG supply agreement for sourcing 1 million metric tons per annum (MMTPA), with an option to extend the contract by another 5 …

Ashoka Buildcon Share Price Rise 3% on Securing ₹568.86 Crore Central Railway Project

Ashoka Buildcon Share Price Rise 3% on Securing ₹568.86 Crore Central Railway Project

15 April 2025

Ashoka Buildcon Limited has emerged as the lowest bidder for a project awarded by Central Railway. The contract is valued at ₹568.86 crore, excluding GST. The scope of work involves construction related to gauge conversion along a 53.3 km section from Pachora to Jamner. The project includes earthwork, construction of major and minor bridges, road …

IRCON Share Surges on Winning ₹127.8 Crore Order From North Western Railway

IRCON Share Surges on Winning ₹127.8 Crore Order From North Western Railway

15 April 2025

IRCON International Limited has received a Letter of Award from S&T (Construction), North Western Railway, Indian Railways. The contract involves the design, manufacture, supply, installation, testing, and commissioning of a microprocessor-based Electronic Interlocking (EI) system with inbuilt block instruments as per RDSO specifications.  This will be implemented across 20 stations in the Ajmer Division. The …

Ahluwalia Contracts Bags ₹396.5 Crore Project from Godrej Properties

Ahluwalia Contracts Bags ₹396.5 Crore Project from Godrej Properties

15 April 2025

Ahluwalia Contracts (India) Limited, a leading name in the construction and engineering sector, has announced a major contract win from Godrej Properties Ltd. The contract pertains to core construction work at the Godrej Riverine residential project, located in Sector-44, Noida, Uttar Pradesh.  Scope of Work and Project Details  The order involves Core and Shell Works …

Orient Cement FY25 Profit Down YoY; Declares ₹0.50 Dividend

Orient Cement FY25 Profit Down YoY; Declares ₹0.50 Dividend

15 April 2025

Orient Cement announced its audited financial results for the quarter and year ended March 31, 2025 Revenue Performance  In Q4 FY25, the company recorded a total income of ₹83,284.11 lakh, registering a sequential rise from ₹64,586.58 lakh in the previous quarter. However, on a year-over-year basis, the income was lower than ₹89,553.76 lakh reported in …

Macrotech Developers Buys 10 Land Parcels for ₹24,000 Crore Housing Projects in FY25

Macrotech Developers Buys 10 Land Parcels for ₹24,000 Crore Housing Projects in FY25

15 April 2025

Real estate giant Macrotech Developers, known for its Lodha brand, acquired 10 land parcels in the 2024–25 financial year to build housing projects worth nearly ₹24,000 crore. This move is part of the company’s plan to grow its business as housing demand continues to remain strong. The company had earlier shared a target to acquire …

IDFC First Bank Shares Climb Over 2% on Fundraising Plans

IDFC First Bank Shares Climb Over 2% on Fundraising Plans

15 April 2025

IDFC First Bank share price rose by 2% on Tuesday after the bank’s announcement of an upcoming board meeting on April 17, 2025. The company will evaluate a proposal for raising funds vis preferential issue of securities. The decision was communicated via an exchange filing, indicating the bank’s plans to strengthen its capital base for future growth. “The Board… …

Biocon to Launch Interchangeable Biosimilar Yesafili™ in U.S. by 2026

Biocon to Launch Interchangeable Biosimilar Yesafili™ in U.S. by 2026

15 April 2025

Biocon Biologics Ltd (BBL), a global biosimilars company and subsidiary of Biocon Ltd, has entered into a settlement and license agreement with Regeneron that facilitates the U.S. commercialisation of Yesafili™ (aflibercept-jbvf), an interchangeable biosimilar of Eylea® (aflibercept).   As part of this agreement, both parties will dismiss pending legal proceedings in the U.S., including an …

Gensol Engineering Share Price Dips 2.08% on April 15; Declares 1:10 Stock Split

Gensol Engineering Share Price Dips 2.08% on April 15; Declares 1:10 Stock Split

15 April 2025

Gensol Engineering has been in focus on Tuesday. The company has announced a stock split in the ratio of 1:10, bringing the face value of its equity shares down from ₹10 to ₹1 per share.   The announcement came following the revised proceedings of its Extraordinary General Meeting (EGM), held on April 12, 2025. During …

Reliance Power Shares Gain for 2nd Straight Day as Strategic Debt Reduction Boosts Outlook

Reliance Power Shares Gain for 2nd Straight Day as Strategic Debt Reduction Boosts Outlook

15 April 2025

Reliance Power Ltd (BSE: RPOWER) shares traded positively on April 15, 2025, climbing 4.65% to ₹41.90 as of 10:18 AM. The stock opened at ₹40.06, matching its previous close, and surged to an intraday high of ₹42.25. With a volume-weighted average price (VWAP) of ₹41.57, the stock showed strong upward momentum within its 20% daily …

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