This contract follows earlier orders received by Provigil, including an LoA from NHAI worth Rs 32 crore and one from South Central Railway worth Rs 2.25 crore for the deployment of AI-based video surveillance systems.
After a successful Rs 5,000-crore OFS in Mazagon Dock Shipbuilders at the start of FY26, Centre lines up stake sale in more PSUs to drive non-tax revenues
RVNL shares have extended gains for a fourth consecutive session, jumping nearly 13 percent since March 17.
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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.
Rail Infrastructure Development Company (Karnataka) Limited has placed the order for the construction of 9 stations - 1 elevated and 8 at-grade stations for the Bengaluru Suburban Rail Project (BSRP).
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The railway company's revenue from operations declined nearly 3 percent year-on-year to Rs 4,567 crore in Q3 FY25.
Finance Minister Nirmala Sitharaman is set to present her eight consecutive Union Budget today.
Earlier this month, Moneycontrol reported, citing sources, that government is likely to increase railway budget by 15-18% in FY26 to accelerate rollout of Vande Bharat, high-speed bullet trainsets
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Rail Vikas Nigam Limited emerged as the lowest bidder for two projects, one from the Central Railways and one from the East Coast Railway.
The project covers the construction of seven elevated metro stations in Reach 3A—Hingna Mount View, Rajiv Nagar, Wanadongri, APMC, Raipur, Hingna Bus Station, and Hingna
The project involves earthwork, bridge construction, and railway track laying across 55.2 kilometers between Kalipahari and Pradhankhuta
RVNL provides financial resource mobilisation services to support its projects. The company’s clientele includes Indian Railways.
The contract will span over a period of three years for construction and 10 years for maintenance
Stocks on Radar: Get the latest stock market insights, from Bajaj Auto's earnings and L&T's Q2 results to Rail Vikas Nigam's new project win. Plus, key updates on Oriana Power and Bikaji Foods. Stay tuned for today’s top stocks to watch!
Rail Vikas Nigam Ltd (RVNL) shares are in the sportlight as the PSU emerged as the lowest bidder for a Rs 270 crore Maharashtra Metro Rail project involving the construction of 10 elevated stations.
RVNL shares continued to rise, driven by investor optimism following its inclusion in the MSCI India index, despite reporting a 35 percent drop in Q1FY25 net profit.
Seven stocks will be added to the MSCI India index, while only one stock will be excluded in the August reshuffle.
Shares of Rail Vikas Nigam Ltd (RVNL) surged 8% alongside other railway PSUs after the Cabinet approved Rs 24,657 crore worth of railway projects across seven states.
The mid cap index closed 0.4 percent lower and the small cap index fell 0.2 percent. This was a reversal from earlier in the day when these indices had outperformed the benchmarks.
The stock price of the state-run company had plunged as much as 6 percent before recovering to trade at Rs 544.8, down 3.71 percent on NSE at 14:25 pm
PSU stocks plunged sharply, in-line with overall market, citing heavy losses in RVNL, IRFC and Mazagon Dock, as US recession worries, Yen's sudden strength and geopolitical tensions triggered a selloff.
RVNL stock has a 'hold' rating from three analysts and zero buy or sell calls, according to Bloomberg data.