Oriental Rail Infrastructure Limited has secured an order worth ₹1,61,21,160.00 (Rupees One Crore Sixty-One Lakh Twenty-One Thousand One Hundred Sixty only) from North Western Railways, Ajmer, a division of Indian Railways. Order Details The contract involves the supply of 66 sets of PU Foam as cushion material for the retrofitment of berths and seats. As …
SBI Life Insurance Company Limited’s Board of Directors has declared and approved an interim dividend of ₹2.70 per equity share with a face value of ₹10 each. On March 5, 2025, SBI Life Insurance Company share price (NSE: SBILIFE) opened at ₹1,391.15 and closed at ₹1,416.60, up by 1.69%. The stock price touched its day’s high at …
The Competition Commission of India (CCI) has granted approval for the acquisition of equity shares of PSP Projects Limited by Adani Infra (India) Limited. This strategic move is expected to strengthen Adani Infra’s presence in the engineering, procurement, and construction (EPC) sector. Transaction Details The acquisition involves Adani Infra acquiring equity shares of PSP Projects …
The Navi Mumbai International Airport (NMIA), developed by the Adani Group, is set to open in May 2025. Positioned as a second gateway to Mumbai, India’s financial capital, the $2.1 billion airport aims to ease congestion at Chhatrapati Shivaji Maharaj International Airport (CSMIA) and establish an international transit hub. Leading Airlines Set to Shift Operations According …
Indian benchmark indices opened positively on March 6, 2025, amid strong global cues. However, after an initial rise, the indices failed to sustain higher levels, slipping into negative territory as India VIX surged. The Nifty 50 index was trading down by 0.13% around the 22,300 mark. Despite this, broader indices remained in the green, with …
Om Infra Ltd, a leading infrastructure development company specialising in water management and engineering projects, has been awarded two significant water supply infrastructure contracts by Uttar Pradesh Jal Nigam (Rural). The total project value stands at ₹448 crore, contributing to the company’s expanding portfolio of infrastructure projects. Project Details: Strengthening Water Infrastructure Across Key Regions …
Tata Group Company Tata Electronics has signed a memorandum of understanding (MoU) with Taiwan-based Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies to manufacture display semiconductors and ultralow power AI sensing products in India. The agreement was announced at the IESA Vision Summit, where Tata Electronics CEO Randhir Thakur confirmed that the partnership includes setting …
Zydus Lifesciences has received final approval from the United States Food and Drug Administration (USFDA) to manufacture and market Dasatinib Tablets in multiple strengths: 20 mg, 50 mg, 70 mg, 80 mg, 100 mg, and 140 mg. This is a generic version of Sprycel Tablets, which is used for treating Philadelphia chromosome-positive (Ph+) chronic myeloid …
The stock of Axiscades Technologies surged 5% after its subsidiary, Mistral Solutions, announced a strategic alliance with Altera (an Intel Company) to revolutionise high-performance computing in aerospace and defence. The announcement, made at an exclusive event in Bengaluru, has sparked investor optimism over Axiscades’ expanding role in India’s defence technology sector. Partnership Details Mistral and …
RPP Infra Projects Limited, established in 1995, is an Indian company specialising in infrastructure development across various sectors, including roads, buildings, industrial structures, power, irrigation, and water management. Contract Details RPP Infra has secured a Letter of Acceptance (LoA) for a substantial contract valued at ₹80.98 crore (inclusive of GST) from the Chennai Metropolitan Water …
