PNC Infratech has been declared the L1 (Lowest) bidder for a Highway Project namely Construction of 6-lane Greenfield Varanasi-RanchiKolkata Highway from Pachmon village to Anarbansalea village (from km 116+000 to km 151+200; Length = 35.2 km), ‘Package 6’ under Bharatmala Pariyojana in the state of Bihar on Hybrid Annuity Mode from NHAI with a Bid
RailTel Corporation of India Ltd shares rose sharply in early trade on Wednesday after the company announced that it had received a work order worth approximately Rs 288 crore from the Centre for Development of Advanced Computing (C-DAC). “This is to inform that RailTel Corporation of India has received the work order from Centre for
EKI Energy Services (EKI) announced the signing of a consultancy service contract with Kochi Metro Rail (KMRL), a Joint Venture Company of the Governments of India and Kerala. The contract was signed in response to EKI’s winning of a tender to provide carbon credit advisory services to KMRL. EKI will provide development and assistance for
The National High-Speed Rail Corporation (NHSRCL) has awarded a Rs 3,681 crore contract to Hindustan Construction Company (HCC), in collaboration with Megha Engineering & Infrastructures (MEIL), for the construction of the Bandra Kurla Complex Station of the 508.17 km long Mumbai-Ahmedabad High-Speed Rail. HCC’s involvement in the construction of a high-speed bullet train station represents
Glenmark Pharmaceuticals Limited (Glenmark) has received final FDA approval for Clindamycin Hydrochloride Capsules USP, 75 mg, 150 mg, and 300 mg, the generic version of Pfizer Inc.’s Cleocin® Hydrochloride Capsules, 75 mg, 150 mg, and 300 mg. Glenmark Pharmaceuticals Inc., USA will distribute Clindamycin Hydrochloride Capsules USP, 75 mg, 150 mg, and 300 mg in
B. L. Kashyap & Sons has received two new orders for civil and structural work. The current order book is worth approximately Rs. 2089 crore. The order for Rs. 89 crore (excluding GST) is for the construction of the Business Park Campus in Bengaluru, and the order for Rs. 69 crore (excluding GST) is for
Kaya Middle East FZE (KME FZE), Kaya’s step-down subsidiary, has acquired a 100% equity stake in Kaya Beauty Clinic – Sole Proprietorship LLC (KBC LLC), a company that operates clinics in Al Ain, UAE. Foreign companies can now have 100% ownership in the UAE due to recent regulatory changes that have liberalised foreign ownership. As
Tube Investments of India entered into an agreement with N. Govindarajan (NG) to incorporate a subsidiary to pursue contract development and manufacturing operations (CDMO) business, subject to the approval of the company’s Shareholders. TII will invest up to Rs. 285 crore in equity and compulsorily convertible preference shares, while NG will invest up to Rs.
The company announced that it has received a total order of Rs 96.39 crore from Hindustan Petroleum Corporation for city gas distribution (CGD) projects in three states: Rajasthan, Bihar, Jharkhand, and West Bengal. The contract for the supply of 3LPE coated steel pipes must be completed within 8.5 months. Surya Roshni is the world’s largest
NTPC Vidyut Vyapar Nigam (NVVN), a subsidiary of the country’s largest power generator NTPC, has been designated as the nodal agency to facilitate the supply of 4 GW of gas-based power (GBP) during peak summer months. The move comes as the Power Ministry seeks to ensure adequate power supply in the day-ahead market and anticipates
