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Transrail Lighting bags ₹575 crore orders, holds L1 position in projects worth another ₹400 crore
The order book includes a contract for the construction of a 500 kV high-voltage direct current (HVDC) transmission line for an undisclosed customer, along with product supply orders from international markets, a specialised civil construction project and pole supply contracts.
KEC International bags orders worth Rs 1,300 cr in India, overseas
KEC International has secured new orders totaling Rs 1,303 crore. These orders span across its transmission and distribution, civil, renewable, and cables and conductors businesses. The company received projects in India and international markets. These wins are expected to drive KEC International's future growth. The RPG Group company is a major player in global infrastructure EPC.
Karnataka govt formulating civil aviation policy: Minister Patil
Karnataka is developing its own civil aviation policy. A meeting will soon be held to decide the location for an airport in the Ballari region. The government aims to ensure airports are viable and beneficial for surrounding districts. This policy will address state contributions and airline requirements. Previous airport projects faced challenges, prompting a new approach to planning.
Small-cap infra stock under ₹100 falls over 3% despite relief rally in Indian stock market
Globe Civil Projects share price has gained 10% in one month and has fallen 14% in three months. The smallcap stock has declined 34% over the past six months.