Tembo Global Industries Secures Rs. 43.89 Crore Water Irrigation Project Tembo Global Industries Limited has won a major contract for a water irrigation project in India, valued at Rs. 43,89,00,392 (approximately USD 5.3 million). The project entails supplying Ductile Iron (DI) pipes and is expected to be completed within 12 months. Key Project Highlights Client:…
Tech Mahindra Subsidiaries Merger Tech Mahindra Limited has announced the merger of its two wholly-owned step-down subsidiaries in Costa Rica: TM Born Group CR Sociedad de Responsabilidad Limitada and Allyis Technology Solutions Sociedad de Responsabilidad Limitada. Both entities operate under Allyis Inc., USA, which is fully owned by Tech Mahindra Limited. The boards of directors…
H.G. Infra Engineering Limited Secures Bid for Gujarat Battery Energy Storage Project H.G. Infra Engineering Limited (HGINFRA) has been awarded a bid to develop Battery Energy Storage Systems (BESS) in Gujarat. The project is commissioned by Gujarat Urja Vikas Nigam Ltd (GUVNL), the state-owned power utility in Gujarat. Project Overview: Scope of Work: Establishment of…
KPI Green Energy Secures 300 MWAC Solar Plant Contract KPI Green Energy Limited has been awarded a Letter of Award (LOA) by Coal India Limited (CIL) for establishing a 300 MWAC Ground Mounted Solar PV Plant at GIPCL’s Solar Park in Khavda, Gujarat. The contract also includes a five-year Operation & Maintenance (O&M) agreement, marking…
Acquisition of Steer Hybren Private Limited Mahindra & Mahindra Limited (M&M) announced on November 29, 2024, the incorporation of Steer Hybren Private Limited (Steer Hybren) as a step-down subsidiary. The entity is now a wholly-owned subsidiary of Mahindra Susten Private Limited (MSPL), which is itself a subsidiary of Mahindra Holdings Limited (MHL), a wholly-owned subsidiary…
Key Highlights: Royal Enfield, the motorcycle brand of Eicher Motors Limited, sold 82,257 motorcycles in November 2024, reflecting a 2% growth compared to November 2023, when sales stood at 80,251 units. This figure encompasses both domestic and international markets: Domestic sales: 72,236 motorcycles, marking a 4% decline compared to the previous year. International sales: 10,021…