Ahluwalia Contracts bags order worth Rs 556.58 crore

Ahluwalia Contracts (India) has received an order from Welspun Enterprises in Mumbai for the construction of the Dharavi Wastewater Treatment Facility as part of the Mumbai Sewage Disposal Project, valued at approximately Rs 556.58 crore. To date, the order inflow for the current fiscal year 2023-24 stands at Rs 556.58 crore. Ahluwalia Contracts (India) provides

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Havells India enters into commercial agreement with Sweden tech start-up Blixt Tech AB

With its commercial agreement with Sweden’s tech start-up Blixt Tech AB, Havells India has taken a strategic step forward in the Indian electrical industry. Havells is strengthening its position as a leading switchgear company in the Indian subcontinent by introducing revolutionary solid-state circuit breakers (SSCB). Havells’ focus on innovative and future-ready solutions that meet sustainability

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Tejas Networks bags order worth Rs 696 crore from BSNL

Tejas Networks has received an Advance Purchase Order from Bharat Sanchar Nigam (BSNL) for the upgrade of its pan-India IP-MPLS-based Access and Aggregation Network (MAAN) using its cutting-edge routers. After being technically shortlisted and submitting the lowest commercial bid, the company won this order while competing against top-tier global vendors in an open tender. Tejas

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NBCC bags contract worth Rs 448 crore from Home Ministry

NBCC (India) announced that it has received a work order worth Rs 448.02 crore from the Ministry of Home Affairs’ Department of Border Management (BM-1 Division). The contract calls for the construction of an 88.58-kilometer-long border and road in Mizoram along the Indo-Bangladesh border (IBB). The contract’s nature is “project management consultancy on deposit work

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RailTel Corp receives orders worth Rs 115 crore

RailTel Corporation of India announced that it has received orders totaling Rs 115.05 crore from Bihar State Electronics Development Corporation (BSEDC) and National Informatics Centre Services Incorporated (NICSI). The order from Bihar State Electronics Development Corporation (a Government of Bihar undertaking) is for the implementation and management of an electronic knowledge network (100 mbps internet

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Carysil to acquire majority stake in UK-based The Tap Factory

Carysil announced that its wholly owned subsidiary, Carysil UK, has agreed to acquire 70% of the equity shares of “The Tap Factory,” based in Yorkshire, UK, with an option to acquire the remaining 30% in two 15% tranches over the next two years. “The Tap Factory” creates and sources bathroom and kitchen products, which are

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Indigo Paints to acquire 51% stake in Apple Chemie

Indigo Paints stated in an exchange filing that “on 3 April 2023, the company entered into a share purchase and share subscription agreement (SPSS) and a shareholders agreement (SHA) with Apple Chemie India (ACIPL) to acquire 51% equity shares in ACIPL.” ACIPL is a company that manufactures and sells construction chemicals and water proofing products

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Rail Vikas Nigam share gain on winning multiple orders from NHAI

Rail Vikas Nigam’s stock rose more than 4% in early trading on April 3 after the company received multiple orders worth Rs 721 crore. Rail Vikas Nigam has received a Letter of Award (LoA) from the National Highway Authority of India (NHAI) for the construction of a six-lane elevated Kona motorway in West Bengal on

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Time Technoplast Ltd has received approval for OXYGEN and Breathing Air Composite Cylinders

Time Technoplast Ltd is India’s first and only company to be approved by the Petroleum and Explosives Safety Organization (PESO) to manufacture Composite Cylinders for Oxygen and Breathing Air. These cylinders are used by firefighters, mountain climbers, portable home oxygen bottles, mobile ambulances and hospitals, the military, and for underwater activities. This product is an

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