Mumbai, March 7, 2025: J. Kumar Infraprojects Limited has been awarded a major infrastructure contract from Mumbai Railway Vikas Corporation Limited (MRVC), a public sector undertaking under the Ministry of Railways. The company disclosed this development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key Details of the Contract: Project Name:…
New Delhi, March 7, 2025: RailTel Corporation of India Ltd. has won a major ₹47.5 crore contract from East Central Railway for the design, manufacturing, supply, installation, testing, and commissioning of an Electronic Interlocking System of Distributed EI in Dhanbad Division. Key Details of the Order: Awarding Authority: East Central Railway Nature of Work: Design,…
March 6, 2025 – Quality Power Electrical Equipments Limited (QPEEL) has officially acquired a 51% stake in Mehru Electrical and Mechanical Engineers Private Limited (Mehru) in a strategic move to expand its presence in the high-voltage electrical equipment sector. The Rs. 120 crore deal, executed through a Share Purchase Agreement on March 6, 2025, marks…
GMR Airports Infrastructure Limited (GMR Infra) has announced a significant acquisition that strengthens its control over GMR Hyderabad International Airport Limited (GHIAL). This move aligns with GMR Infra’s broader strategy to consolidate its position in the airport infrastructure sector. Details of the Acquisition GMR Infra will acquire an 11% equity stake in GHIAL from Malaysia…
RITES Limited has been awarded a major contract by South Central Railway for conducting a Final Location Survey of a High-Speed Elevated Rail Corridor connecting Hyderabad-Bengaluru and Hyderabad-Chennai. This crucial survey will lay the groundwork for the ambitious high-speed rail project, enhancing connectivity between key southern cities. Project Overview As part of this contract, RITES…
RailTel Corporation of India Ltd. has recently bagged three significant orders from different government entities, reinforcing its position as a key player in digital infrastructure development. Here’s a closer look at each order: 1. RailTel to Set Up Private Cloud Infrastructure for BSF RailTel has received a work order from the Border Security Force (BSF)…
MSTC Limited, a leading public sector enterprise under the Ministry of Steel, Government of India, has announced a significant order win worth ₹488 crore from South Eastern Coalfields Limited (SECL). This contract reinforces MSTC’s strong position in e-commerce, e-auctions, and procurement services. Key Highlights of the Order: Order Value: ₹488 crore Client: South Eastern Coalfields…
Mahindra Logistics Limited (MLL) has announced a strategic investment in its wholly-owned subsidiary, MLL Express Services Private Limited (MESPL). This decision, approved by the Investment Committee of the Board of Directors, was taken during a meeting on March 5, 2025. Investment Details MLL will invest up to Rs. 35 Crores in MESPL through a rights…
Coforge Limited Expands Global Presence with Strategic Acquisitions of Rythmos Inc. and TMLabs Pty Ltd Coforge Limited has announced the acquisition of two companies, Rythmos Inc. and TMLabs Pty Ltd., strengthening its global presence and expanding its expertise in data, cloud engineering, and the ServiceNow ecosystem. The official disclosure was made to the BSE Limited…
Apollo Hospitals Enterprise Ltd is set to revolutionize cancer treatment in India with the establishment of a Comprehensive Oncology Centre featuring the country’s first Proteus One Proton System. This ambitious project, requiring an investment of Rs 250 crores, is planned over the next three years and will include state-of-the-art ancillary equipment. The hospital has partnered…