DEE Development Engineers Limited has announced a significant investment in its wholly owned subsidiary, DEE Piping Systems (Thailand) Co. Limited (“DEE Thai”). This strategic move is set to strengthen the company’s financial position and enhance its operational capabilities within the engineering sector. Key Highlights of the Investment Target Company: DEE Piping Systems (Thailand) Co. Limited…
Zaggle Prepaid Ocean Services Limited, a leading SaaS FinTech company, has announced a strategic partnership with PhysicsWallah, one of India’s prominent EdTech platforms. This collaboration aims to develop innovative solutions that will revolutionize the educational technology sector, providing enhanced learning experiences for students across the country. The partnership will leverage Zaggle’s technological expertise and PhysicsWallah’s…
Solar Industries India Limited, a prominent player in the industrial explosives sector, has been awarded a substantial contract to supply advanced explosive systems. This order highlights the company’s expertise in delivering high-quality explosive solutions tailored to diverse industry needs. The contract entails the production and supply of cutting-edge explosive systems designed for enhanced safety and…
RailTel Corporation of India Ltd., a leading provider of information and communications technology (ICT) services, has secured a significant project from the Chhattisgarh Environment Conservation Board (CECB). The project, valued at ₹9.44 crore (including taxes), aims to bolster environmental monitoring and conservation initiatives across Chhattisgarh. This collaboration underscores RailTel’s commitment to leveraging its technological expertise…
In a strategic move to strengthen its presence in Eastern India’s dairy market, Hatsun Agro Product Limited (HAP) has announced the acquisition of an additional 54,687 equity shares of Milk Mantra Dairy Private Limited. This latest purchase, completed on February 28, 2025, brings HAP’s total holdings to 31,59,603 equity shares and 16,06,372 compulsorily convertible preference…
GE Power India Limited (GEPIL) has announced an expansion of its existing contract with GREENKO KA01 IREP Pvt. Ltd. for the Saundatti Pumped Storage Project in Belagavi, Karnataka. This addition involves engineering, manufacturing, procurement, supply, and installation of electromechanical equipment for an extra 320 MW unit, valued at ₹2,735 million (excluding taxes). The project is…
Kernex Microsystems (India) Limited has been awarded a significant contract by South Eastern Railway for the implementation of the ‘Kavach’ Automatic Train Protection (ATP) system. This project, valued at ₹325.33 crore (including GST), encompasses the supply, installation, testing, and commissioning of Kavach over 688 Route Kilometers (RKM) in the Kharagpur and Chakradharpur divisions. Project Overview…
In a significant move to stimulate lending and bolster economic growth, the Reserve Bank of India (RBI) has revised its risk weight norms, leading to a notable surge in banking and Non-Banking Financial Company (NBFC) stocks. This policy adjustment is poised to enhance the lending capacity of financial institutions and address liquidity challenges faced by…
Greenpanel Industries Limited, a leading manufacturer of Medium Density Fibreboard (MDF), has successfully commissioned a new MDF plant at its existing unit in the Tirupati district, Andhra Pradesh. This expansion marks a significant step in the company’s growth strategy, enhancing its production capabilities to meet increasing market demand. Key Highlights of the Expansion: 1. Installed…
Blue Star Limited, a leading name in the air conditioning and commercial refrigeration industry, is ramping up its manufacturing capabilities for Room Air Conditioners at its Sri City Plant. This expansion is being carried out through its wholly-owned subsidiary, Blue Star Climatech Limited. Key Highlights of the Expansion: 1. Current Manufacturing Capacity Blue Star’s Sri…