Business Issues

Major Contracts Awarded: GE Power, KMEW & WMEL Secure New Orders

Summary of Recently Awarded Contracts on 5 Feb 2025. GE Power India Limited Client: NTPC Limited Contract Value: ₹137.5 million (excluding 18% GST) Scope: Supply of generator parts for a...

Kansai Nerolac Paints & Rajshree Polypack Expand Production Capacities

Kansai Nerolac Paints Limited and Rajshree Polypack Limited have announced expansions to enhance their production capacities, reflecting their commitment to meeting growing market demand. Kansai...

Styrenix Acquires 36.13% Stake in Clean Max Jasper for Renewable Energy Compliance

Styrenix Performance Materials Limited has entered into an agreement to acquire a 36.13% equity stake in Clean Max Jasper Pvt. Ltd. (CMJPL), a special purpose vehicle (SPV) established by Clean...

NCLT Approves Deep Industries’ Acquisition of Kandla Energy

The National Company Law Tribunal (NCLT), Ahmedabad Bench, has approved the acquisition of M/s Kandla Energy and Chemicals Limited by Deep Onshore Services Private Limited, a subsidiary of Deep...

Ganesha Ecosphere Announces Major Capacity Expansion for rPET Production

Ganesha Ecosphere Limited has revealed plans to expand the capacity of its wholly owned subsidiary, GANESHA ECO PET PRIVATE LIMITED. The key details of the expansion are as follows: Increase...

Engineers India Limited Awarded Project Management Consultancy for National Academic Institute Development

Engineers India Limited (EIL) has been awarded a prestigious contract as the Project Management Consultant for the development of an Academic Institute of National Importance. Below are the key...

HBL Engineering Limited Secures Rs. 410 Crore Order for Kavach Installation with Shivakriti International

HBL Engineering Limited, in partnership with Shivakriti International, has secured a significant order from the Ahmedabad Division of Western Railway. Below are the key details of the order:...

RailTel Corporation Secures Three Major Work Orders Across Key Sectors

RailTel Corporation of India Ltd. has secured three significant work orders, as outlined below: 1. Order from Department of Education, Samagra Shiksha Order Amount: ₹15,98,40,000 (Including Tax)...

Prestige Estates Projects Limited Strengthens Subsidiary Holdings with Two Major Acquisitions

Prestige Estates Projects Limited has made two major acquisitions, increasing its equity stakes in its subsidiary companies. Acquisition of Prestige Falcon Mumbai Realty Private Limited: Prestige...