Anil Ambani Group’s construction arm Reliance Infrastructure said it has got the letter of award for a Rs 648 crore contract to build a new greenfield Airport at Hirasar in Rajkot district of Gujarat. The airport is to be completed within 30 months. The new airport is being constructed at a location near National Highway […]
Infrastructure major Larsen and Toubro (L&T) on Tuesday bagged contracts for its water and effluent treatment business from in Tamil Nadu, Jharkhand and Odisha. The total value of the contracts is between Rs 5,000 to 7,000 cr. The engineering and construction company secured two orders from the Government of Tamil Nadu for the execution of […]
NCC Limited, formerly known as Nagarjuna Construction Co, said that it received five orders worth Rs 4,088 crore in the month of February. The company had won orders worth Rs 4,090 cr in January and Rs 2,891 cr in December. Of its February orders, two worth Rs 738 crore were received in the buildings division, […]
Larsen & Toubro, India’s biggest construction firm, said it has secured a mega contract for design and construction of a major airport. Mega contracts are defined as those that will generate more than Rs 7,000 cr of revenue for the company. In October, Larsen & Toubro had won a Rs 3,036 cr order to build […]
Larsen & Toubro said it has won two more projects from Saudi Aramco, the world’s second largest oil producer, in consortium with Subsea 7. “The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco,” said India’s largest construction […]
Jain Irrigation said it won a Rs 584 cr order to set up an integrated micro irrigation project in Karnataka. The Singatalur Lift irrigation project is being implemented for irrigating drought prone areas of Huvinahadagali Taluk of Bellary district, Gadag and Mundargi taluks of Gadag district, Koppal and Yelaburga taluks of Koppal District Karnataka. Jain […]
Larsen & Toubro said its power transmission & distribution business received additional orders of Rs 2,547 crore. The period over which the orders were received were not disclosed, but the company typically updates investors of new orders every few weeks. The orders include both international as well as Indian contracts. The value of the individual […]
Jewelry manufacturer Rajesh Exports said it has won an order for jewelry worth Rs 933 Crores from a UAE-based firm. The order is for its new design jewelry, and will be supplied from its manufacturing facility. It order has to be fulfilled by March. The company had recently introduced new designs in the international markets which […]
GTPL Hathway, the Gujarat-based subsidiary of Hathway Datacom, said it, along with Polycab Wires, has won a Rs 1,245.77 cr order to connect 3,767 gram panchayats as part of the BharatNet project of the central government. The companies have to lay 17,000 kms of fiber as part of the contract. The order is for part of Saurashtra region […]
The Mumbai Metropolitan Region Development Authority has given a Rs 276-cr order to J Kumar Infraprojects to build an elevated road from the ending point of the Mulund-Airoli bridge to the Thane-Belapur highway. The elevated road would ease traffic for those going from areas near Mulund to Navi Mumbai. At present, motorists have to go […]
India’s largest lead recycler Gravita India said it has been forced partially cancel a Rs 300 cr order received earlier this year due to counterparty problems. The company said it supplied only 3,800 tons out of the contracted Rs 18,000 tons to buyer Kyen Resources Pte. Ltd. Singapore. “The contract entered with them has been terminated due […]
Larsen & Toubro said it, along with its consortium partners Baker Hughes and McDermott International, has won the contract for constructing one of India’s largest deepwater oil and gas projects. The contract is for construction at ONGC’s KG DWN-98/2 basin that lies close to the KG-D6 block of Reliance Industries. “The integrated subsea package includes […]
HCL Technologies said it has signed up a new client — Australian power transmission company TransGrid, based in New South Wales. The five year deal will see the Indian outsourcing company provide most of the outsourcing functions for the company, including service desk operations, data center operations, security, disaster recovery, end-user computing facilities and applications. […]
Outsourcing services provider Tata Consultancy Services and instrumentation and industrial automation company Fortive Corp said they would work together to develop Internet-of-Things-based solutions. TCS is already Fortive’s outsourcing partner. Fortive provides solutions in the fields of instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution. “As part of this partnership, TCS will jointly […]
India’s biggest private sector employer, Tata Consultancy Services, said Kuwait Clearing Company, the clearing entity of Boursa Kuwait, has chosen its software to provide CCP services. A central counterparty clearing house (CCP) is a corporate entity that reduces counterparty and default risk for traders. It acts as the counterparty to the buyer and the seller […]
Dilip Buildcon said it has emerged as the favored bidder to build a 5.3 km stretch of the upcoming metro rail system in Indore, Madhya Pradesh. The development comes barely a month after DBL was declared the lowest bidder for the Bhopal Metro project in the state. The current bid is to build an elevated […]
Infosys, the Indian IT services company, has been roped in to make the Australian Open tennis tournament more engaging for the fans. Infosys CEO Salil Parekh said the idea is to “change the way the Australian Open is watched, analysed and played” Australian Open is one of the top five tennis tournaments in the world. […]
IT outsourcing firm Wipro said it has won a $1.5-1.6 bln deal from US-based Alight Solutions LLC in what it called “Wipro’s largest win to date”. The Bangalore-based company also announced that it has acquired Alight HR Services India Private Ltd, presumably the India unit of the same company. Under the 10-year deal, Wipro will help overhaul […]
GAIL India Ltd said it awarded the first contract for purchase of the 108 km, 24-inch diameter pipes under the Barauni—Guwahati segment of the Jagdishpur—Haldia & Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project to M/s Ratnamani for Rs 125 crore. “Line pipe procurement activities for the rest of the 600 km trunkline upto Guwahati is at […]
Ramco Systems, one of India’s top cloud software vendors, said it won yet another client from Philippines for its logistics management offering. It said AP Cargo Logistic Network Corp will implement Ramco Svstems’ Logistics Software to manage its freight operations nationwide. The deal includes Finance and human resource management modules as well, besides transport management, hub management; warehouse management, […]
