HG Infra Engineering rose 2.31% to Rs 736.15 after Rail Vikas Nigam, Chandigarh, declared the company as the lowest bidder (L-1) for a construction project in Himachal Pradesh. The project scope includes the construction of foundations, substructures, and superstructures, as well as river training/protection work, earthwork, and allied works for viaducts 1 and 2 in
The private sector bank HDFC Bank and the UAE-based Lulu Exchange have signed a Memorandum of Understanding (MoU) to strengthen cross-border payments between India and the Gulf Cooperation Council (GCC) region. Lulu Exchange’s expertise and regulatory framework will be used to launch a digital inward remittance service called ‘RemitNow2India’ in the first phase of the
Sonata Software, a leading Modernization and Digital Engineering firm, has announced that Sonata Software North America Inc. (SSNA), a wholly owned subsidiary of Sonata Software Limited (SSL), has signed a definitive agreement to acquire a 100% stake in Quant Systems INC., a Texas (USA) based IT Solutions and Software company. This acquisition is consistent with
Vedanta and Foxconn have chosen Gujarat’s Dholera Special Investment Region as the location for their semiconductor and display manufacturing plant. An official from the state government confirmed this. In the largest corporate investment in independent India’s history, Vedanta and Foxconn signed a Memorandum of Understanding (MoU) with the Gujarat government in September last year to
Bharat Electronics announced the signing of a Memorandum of Understanding (MoU) with the Aeronautical Development Agency (ADA), DRDO, for the Advanced Medium Combat Aircraft (AMCA) programme. The agreement was signed on the sidelines of the Bandhan event at Aero India 2023. The Aeronautical Development Agency (ADA) was established in Bangalore in 1984 as part of
Puri Construction has awarded Ahluwalia Contracts (India) a contract for civil and structural work on the ‘THE ARAVALLIS’ project in Gurugram, Haryana. The contract in question is worth Rs 147 crore. As a result, the company’s order inflow for the fiscal year 2022-23 stands at Rs 4,164.63 crore to date. Ahluwalia Contracts (India) primarily engages
Capacite Infraprojects managing director Rahul Katyal stated, “We remain confident in completing the project on time and to the client’s satisfaction. At capacite, we are constantly striving to add quality orders from both existing and new clients in the public and private sectors.” Capacite Infraprojects’ primary business is engineering, procurement, and construction. In Q3 FY23,
Lupin Limited, a global pharmaceutical company, has announced the release of Lurasidone Hydrochloride Tablets, 20 mg, 40 mg, 60 mg, 80 mg, and 120 mg, as a generic equivalent to Sunovion Pharmaceuticals, Inc.’s Latuda Tablets. Lupin reported this to the Bombay Stock Exchange. It issued a press release alerting the public to the situation. In
PTC Industries rose 2.06% to Rs 2,791.10 after announcing that its wholly owned subsidiary, Aerolloy Technologies, had signed a memorandum of understanding (MOU) with Dassault Aviation for the supply of titanium cast parts and material. Dassault Aviation is a French aerospace company that creates military aircraft, business jets, and space technologies. As part of the
Cyient announced a partnership with Thingtrax to help manufacturers increase efficiency and lower costs. Through AI-powered data, the partnership will enable global manufacturers to drive higher performance across their entire manufacturing operation. The Thingtrax solution and Cyient’s end-to-end manufacturing services suite enable manufacturing leaders to improve operational performance by engaging people at all levels to
