Interarch Building Solutions Limited (formerly Interarch Building Products Limited) has secured a significant Letter of Intent (LOI) from a new domestic client for a project valued at over ₹300 crore, involving approximately 30,000 metric tons of work. Project Scope and Terms: Scope of Work: The project encompasses the design, engineering, manufacturing, supply, and erection of…
GPT Infraprojects Limited (GPTINFRA), a prominent infrastructure company based in Kolkata, has recently been awarded a significant contract valued at ₹481.11 crore by the Chief Administrative Officer (CAO) Construction, South Eastern Railway, Kolkata. This project involves the construction of Important Bridge No. 57 over the River Rupnarayan for Down and Middle Lines on the Howrah-Kharagpur…
Focus Lighting and Fixtures Limited has recently announced the acquisition of multiple significant orders, further strengthening its foothold in the lighting industry. The total order value stands at approximately ₹23.7 crore (excluding GST), covering diverse sectors such as education, automation, technology, and international projects. 🔹 1. Reloto Automation Solutions Pvt. Ltd. Order Value: ₹14.59 crore…
Newgen Software Technologies Pte. Ltd., the Singapore-based wholly owned subsidiary of Newgen Software Technologies Limited, has entered into an agreement with an international client valued at SGD 1,588,910. Contract Details: Value: SGD 1,588,910 Duration: 3 years Nature: The contract involves providing software solutions and services tailored to the client’s requirements. This contract reflects Newgen’s growing…
RITES Limited, a leading transport infrastructure consultancy and engineering firm, has been awarded a significant contract by Oil India Limited for the construction of a Workmen Housing Complex in Duliajan, Assam. The project, valued at ₹157.25 crore, is set to be completed within 36 months. Project Overview The contract entails the turnkey construction of a…
On March 30, 2025, Tera Software Limited announced the receipt of Letters of Intent (LOIs) from Madhyanchal Vidyut Vitran Nigam Ltd. (MVVNL) for door-to-door meter reading, spot bill generation, bill distribution, and bill collection services across various clusters in Uttar Pradesh. The total contract value is ₹273.12 crore, with projects to be executed over two…
HBL Engineering Limited (formerly known as HBL Power Systems Limited) has been awarded two significant contracts for the implementation of the KAVACH system, totaling ₹499.68 crore. The letters of acceptance were issued to the HBL-Shivakriti International consortium, with HBL serving as the lead member. Contract Details: Viramgam – Rajkot – Okha Section (Western Railway): This…
On April 5, 2025, Delhivery Limited announced its decision to acquire at least 99.4% of the issued and paid-up share capital of Ecom Express Limited for a cash consideration not exceeding ₹1,407 crore. Details of the Acquisition Target Company: Ecom Express Limited Authorized Share Capital: ₹2,400 crore Paid-up Share Capital: ₹420.73 crore Turnover (as of…
On April 4, 2025, Brainbees Solutions Limited, operating as FirstCry, announced an investment of ₹73,00,47,000 (approximately ₹73 crore) in its subsidiary, GlobalBees Brands Private Limited. This move is part of a broader strategy to enhance FirstCry’s involvement in the burgeoning direct-to-consumer (D2C) brand market. Investment Details The investment was made through the subscription to 2,220…
On April 4, 2025, ITC Limited announced the acquisition of 2,62,500 equity shares in Ample Foods Private Limited (AFPL), amounting to a 43.75% stake in the company. This transaction, valued at approximately ₹131 crore, was executed through a combination of primary subscription and secondary purchases. Strategic Expansion into Frozen and Ready-to-Cook Foods This acquisition aligns…