RVNL has secured a ₹156.36 crore EPC contract from South Western Railway for the design, supply, erection, testing, and commissioning of a 2X25 KV overhead electrification system and associated power supply installations. Brigade Enterprises has launched Brigade Altius, a premium residential project in Chennai’s IT corridor. RITES has received a ₹27.96 crore contract from South Central Railway for conducting a final location survey for high-speed elevated rail corridors between Hyderabad-Bengaluru and Hyderabad-Chennai. This contract involves preparing a detailed project report (DPR), alignment design, traffic survey, and using advanced survey techniques like LiDAR. Bajaj Finserv reported strong premium collections for February 2025 through its subsidiaries, Bajaj Allianz General and Bajaj Allianz Life Insurance. Bajaj Allianz General Insurance recorded ₹1,219 crore in gross direct premium, while Bajaj Allianz Life Insurance reported ₹1,080.33 crore in new business premiums, reflecting robust growth in the insurance sector. Biocon has partnered with Civica Inc, a non-profit pharmaceutical company, to enhance the accessibility and affordability of insulin aspart in the United States.
Shares of Larsen & Toubro opened around a percent higher on September 7 following reports of the order win.
IL&FS Transportation Network today reported net profit of Rs 55.7 crore versus a loss of Rs 19.4 crore for the December quarter. Total income has fallen to Rs 1,020 crore vs Rs 1,117 crore down 8.6 percent in the year ago period.
The company received the letter of award (LoA) from public works department (PWD), Uttar Pradesh.
IL&FS is presently executing the EPC contract of berth 4 of multipurpose cargo terminal works on north side of Dighi Port.
TD Power bagged an EPC contract worth Rs 150 crore to set up a 27 megawatt captive power plant in Chhatisgarh.
Though state utilities across the country are stressed financially, SN Roy, member of the Board at L&T is confident of not facing any hurdles in getting payments on time.
Power Construction Corporation of China said on Friday it had signed a USD 2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity.
BGR Energy Systems has bagged EPC contract worth Rs 1,698 crore, reports CNBC-TV18.
Ravindra Kansal, president and chief executive officer, Middle East, Africa & CIS, Punj Lloyd, in an interview to CNBC-TV18, said that the company will complete the order in two and half-three years.
Hindustan Dorr-Oliver, a city-based infra major IVRCL Group Company, on Friday said it bagged an EPC contract worth USD 85 million from Konkola Copper Mines Plc Zambia.
Reliance Infrastructure has bagged EPC contract worth Rs 7,200 crore from Rel Power, reports CNBC-TV18. It touched an intraday high of Rs 666.25 and an intraday low of Rs 636. At 15:18 hrs the share was quoting at Rs 652, up Rs 6.70, or 1.04%.