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EIL Wins ₹252.95 Crore EPCM Contract for Numaligarh Refinery Project

Engineers India Limited Secures ₹252.95 Crore Contract for Numaligarh Refinery Polypropylene Unit

Engineers India Limited (EIL) has been awarded a significant contract by Numaligarh Refinery Limited (NRL) for Engineering, Procurement, and Construction Management (EPCM) services for a 360 KTPA Polypropylene Unit (PPU) Project at the Numaligarh Refinery. The total estimated value of this contract is approximately ₹252.95 crore, excluding GST. Project Overview: Client: Numaligarh Refinery Limited (NRL)…

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AYM Syntex and Mandawewala Enterprises Announce Amalgamation

AYM Syntex Announces Merger with Mandawewala Enterprises for Streamlined Operations

AYM Syntex Limited has announced a strategic move to streamline its corporate structure by merging with its holding company, Mandawewala Enterprises Limited (MEL). This amalgamation aims to enhance operational efficiency and simplify the organizational hierarchy. Details of the Amalgamation: Entities Involved: Mandawewala Enterprises Limited (MEL): The holding company of AYM Syntex Limited. AYM Syntex Limited:…

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Tata Motors Establishes TMDALL to Boost Digital Innovation

Tata Motors Launches TMDALL to Drive Digital Innovation in the Automotive Sector

Tata Motors Limited has announced the incorporation of a new wholly-owned subsidiary, Tata Motors Digital.AI Labs Limited (TMDALL), to bolster its digital capabilities and drive innovation in the automotive sector. Key Details of the Incorporation: Name: Tata Motors Digital.AI Labs Limited (TMDALL) Authorized Share Capital: ₹1,00,00,000, divided into 10,00,000 equity shares of ₹10 each Paid-Up…

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Mahindra & Mahindra Acquires MBTICM Stake to Simplify Corporate Structure

Mahindra & Mahindra Streamlines Corporate Structure with MBTICM Acquisition

Mahindra & Mahindra Ltd. (M&M) has announced a strategic move to streamline its corporate structure by acquiring a 57% equity stake in Mahindra – BT Investment Company (Mauritius) Limited (MBTICM). This acquisition involves M&M purchasing 67,71,600 equity shares from its wholly-owned subsidiary, Mahindra Overseas Investment Company (Mauritius) Limited (MOICML), thereby making MBTICM a direct subsidiary…

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Maharashtra Seamless Wins ₹298 Crore Order for Oil & Gas Sector

Maharashtra Seamless Secures ₹298 Crore Order for Seamless Pipes in Oil & Gas Sector

Maharashtra Seamless Limited (MSL), a leading manufacturer of seamless pipes in India, has secured a significant order valued at approximately ₹298 crore. This order entails the supply of seamless pipes to a domestic entity in the oil and gas sector, with deliveries scheduled over the forthcoming quarters to align with the customer’s requirements. Company Overview…

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TARIL Wins ₹726 Crore Order from GETCO for Transformers & Reactors

TARIL Secures ₹726 Crore Order from GETCO for Transformers & Reactors

Transformers and Rectifiers (India) Limited (TARIL) has announced a significant achievement, securing orders worth ₹726 crore from Gujarat Energy Transmission Corporation Limited (GETCO). This development underscores TARIL’s commitment to excellence and its pivotal role in India’s power infrastructure sector. Details of the Order The orders encompass the supply of Auto Transformers and Bus Reactors, integral…

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Timken India Plans ₹120 Crore Expansion of Rail Bearing Production Capacity

Timken India Announces ₹120 Crore Investment to Expand Rail Bearing Production in Jamshedpur

Timken India Limited has announced plans to enhance its production capacity for rail bearing components at its Jamshedpur facility. Key Details of the Expansion: Current Operations: Manufacture of tapered roller bearings and rail bearings, including components like cups and cones. Capacity Utilization: The existing grinding and assembly operations for cup and cone components are nearly…

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MAN Industries Launches New Spiral Mill & PU Coating Facility, Boosting Production Capacity

MAN Industries Expands Production with New Spiral Mill and PU Coating Facility

MAN Industries (India) Limited has inaugurated a new advanced Spiral Mill for narrow-range pipes and an advanced Polyurethane (PU) Coating Facility at its manufacturing plant in Pithampur, Madhya Pradesh. Key Highlights: Investment: Approximately ₹100 crore Capacity Expansion: Annual production capacity increased from 100,000 TPA to 150,000 TPA, adding 50,000 TPA Product Range: Capability to manufacture…

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SML ISUZU Wins ₹24.71 Crore Order for BS VI Troop Carriers from Indian Air Force

SML ISUZU Secures ₹24.71 Crore Contract to Supply Troop Carriers to Indian Air Force

SML ISUZU Limited has secured a significant contract from the Indian Air Force (IAF) for the supply of 114 BS VI, 4-Wheel Drive Troop Carriers. Key Details of the Order: Contract Value: ₹24.71 crore Vehicle Specifications: BS VI compliant, 4-Wheel Drive, 20-seat capacity Delivery Schedule: Between March 11 and July 9, 2025 Procurement Process: Awarded…

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Premier Explosives Wins ₹21.45 Crore Export Order for Defense Explosives

Premier Explosives Secures ₹21.45 Crore Export Order for Defense Explosives

Premier Explosives Limited has secured an export order worth ₹21.45 crore for the supply of defense explosives to international clients. The contract stipulates delivery within a five-month timeframe. Company Overview: Premier Explosives Limited specializes in manufacturing high-energy materials and allied products for defense, space, mining, and infrastructure sectors. Their product portfolio includes bulk explosives, packaged…

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