W.S. Industries (India) Limited Secures Major Construction Contract for Tiruchirappalli’s Integrated Bus Terminal and Utility Facility Center Chennai, India – January 9, 2025 – W.S. Industries (India) Limited (WSI), a prominent name in India’s construction sector, has been awarded a significant contract for additional and balance works at the Integrated Bus Terminal and Multi-Utility Facility…
Power Grid Corporation of India Limited (POWERGRID) Acquires Rajasthan IV 4A Power Transmission Limited (RIV4APTL) POWERGRID acquired 100% shareholding in Rajasthan IV 4A Power Transmission Limited (RIV4APTL) on December 30, 2024, for approximately Rs. 18.37 crore. The acquisition was made through the Tariff Based Competitive Bidding (TBCB) process, where POWERGRID emerged as the successful bidder….
Prestige Estates Projects Limited Announces Strategic Investments and Restructuring Prestige Estates Projects Limited (“the Company”) disclosed three investments and divestments in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. These disclosures were submitted to the National Stock Exchange of India Limited and BSE Limited…
Reliance Digital Health Expands Footprint with Strategic Investment in Health Alliance Group Reliance Digital Health Limited (RDHL), a wholly owned subsidiary of Reliance Industries Limited (RIL), has made a strategic investment in Health Alliance Group Inc., acquiring a 45% equity stake for USD 10 million. This move signifies RDHL’s commitment to expanding its presence in…
Mahindra and Mahindra Limited (M&M) has provided an update to stock exchanges regarding British International Investment Plc’s (BII) investment in Mahindra Electric Automobile Limited (MEAL). Originally, BII committed to investing ₹725 crores in MEAL. However, after a joint assessment of MEAL’s funding needs, M&M and BII have agreed to revise the final tranche to ₹650…
Websol Energy System Limited, based in Kolkata, India, operates its manufacturing plant in the Falta Special Economic Zone, West Bengal. The company is publicly listed on the National Stock Exchange (NSE) under the code WEBELSOLAR and the Bombay Stock Exchange (BSE) under the code 517498. The company is undertaking a significant capacity expansion project at…
Marine Electricals (India) Limited has secured an export order valued at USD 10,07,009 (approximately INR 8.56 crores) from Société Minière de DASA SA (SOMIDA), based in Niger, West Africa. The order involves the supply of HT panels, with delivery scheduled over a span of nine months. The company confirms that there is no conflict of…
JBM Ecolife Mobility Private Limited, a subsidiary of JBM Auto Limited, has secured contracts to procure, operate, and maintain 343 electric buses. These buses will serve the Ahmedabad BRTS and Ahmedabad Municipal Transport Service under a Gross Cost Contract (GCC). The contracts, awarded by Ahmedabad Janmarg Limited and other prominent organizations, are valued at approximately…
MTAR Technologies Secures Rs. 226 Crores in Orders from Clean Energy and Aerospace Sectors MTAR Technologies Ltd. has announced the receipt of orders worth Rs. 226 crores in the Clean Energy and Aerospace sectors, reflecting its expanding market presence. The orders include: Rs. 191 crores from Bloom Energy Corporation in the Clean Energy sector, continuing…
Steel Strips Wheels Limited Secures €15 Million Steel Wheel Order from European OEM Steel Strips Wheels Limited (SSWL) has been nominated for a significant steel wheel business by a leading European original equipment manufacturer (OEM). Key Highlights of the Order: Business Value: Approximately €15 million. Duration: The order will be executed over six years. Series…