PNC Infratech Ltd has received a Letter of Acceptance (LoA) worth ₹495.5 crore from the Bihar State Road Development Corporation (BSRDC) for a major infrastructure project. The project involves the construction of a high-level bridge and approach road along the Hathouri-Atrar-Bavangama-Aurai Road, spanning a total length of 21.3…
Ashoka Buildcon Limited (ABL) has announced the mutual foreclosure of a significant EPC (Engineering, Procurement, and Construction) project in Ivory Coast, originally valued at €18.50 million. The project involved the construction of 100 drinking water wells and the supply and installation of drinking water units across 35 villages,…
NBCC (India) Ltd. has been awarded multiple work orders from the Housing and Urban Development Corporation (HUDCO), valued at approximately Rs 117 crore. These projects span commercial, residential, and institutional development, reinforcing NBCC’s role as a leading infrastructure and project management consultancy organisation in India. Project Portfolio Under…
Ceigall India Limited has emerged as the lowest bidder (L-1) for a 220 MW solar power project with integrated battery energy storage systems (BESS) at Morena Solar Park, Madhya Pradesh, marking a significant expansion in the company’s renewable energy portfolio. Project Overview The project forms part of a…
The Shipping Corporation of India (SCI) has signed a Memorandum of Understanding (MoU) with Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), and Indian Oil Corporation Ltd. (IOCL) to jointly acquire, own, operate, and manage a dedicated shipping fleet. This initiative, facilitated by the Ministry of…
The final week of September is shaping up to be eventful for equity investors, with a series of important corporate actions scheduled between September 22 and 26, 2025. A mix of dividends, stock splits, bonus issues, rights offerings, and mergers will take place across leading companies in power,…
Pidilite Industries Ltd. (NSE: PIDILITIND) has announced that it will issue bonus equity shares in the ratio of 1:1, offering one additional fully paid-up share for every share held. The face value of each bonus share will remain unchanged at ₹1 per equity share. Record Date for Eligibility…
Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed five Memorandums of Understanding (MoUs) with leading partners in the shipbuilding, port, and infrastructure sectors, marking a significant step in expanding India’s maritime ecosystem. The agreements were formalized during the ‘Samudra Se Samriddhi’ Mission in Bhavnagar on September 20,…
India’s financial regulators are preparing a significant step toward strengthening the country’s debt markets. The Securities and Exchange Board of India (SEBI), in collaboration with the Reserve Bank of India (RBI), is working on the introduction of corporate bond index derivatives — a move aimed at widening participation…
Investment to Boost Shipyard Capacity, Skill Development, and Maritime Innovation Swan Defence and Heavy Industries (SDHI) has inked a landmark Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) for a strategic investment of Rs 4,250 crore. This collaboration is poised to modernize India’s maritime infrastructure, create…