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India continues to emerge as preferred destination for Global Capability Centres, says FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman has said India continues to emerge as a preferred destination for Global Capability Centres (GCCs) because of its skilled and strong institutions and innovation ecosystem. Addressing the CII National GCC Business Summit in New Delhi, the Finance Minister said, the country hosts more than 2100 GCCs employing 23 lakh professionals directly and generating nearly 100 billion US dollars in annual revenue. She said Global Capability Centres represent transformation by bringing together engineering, research, artificial intelligence, cybersecurity, finance, product design, and data science to drive continuous innovation. Ms Sitharaman said, MNCs are now more likely to build their next capability centres in India than anywhere else. She highlighted that Indias GCC ecosystem represents the worlds largest organised knowledge export. The Finance Minister said, Indian GCCs are assuming a growing share of global leadership mandates and strategic decision-making
TD Power Systems Ltd leads gainers in 'A' group
Paras Defence and Space Technologies Ltd, Welspun Corp Ltd, Allied Blenders & Distillers Ltd and Lloyds Engineering Works Ltd are among the other gainers in the BSE's 'A' group today, 06 July 2026.
Texmaco Rail bags Rs 27-cr signalling & Kavach order from South Central Railway
Texmaco Rail & Engineering has secured a Rs 26.56 crore order from South Central Railway for comprehensive signalling and telecommunication works.
Vikran Engineering secures 969 MW AC solar power project of Rs 3,517.98 cr
The Company had earlier accepted a work order from Onix Renewable on 23 December 2025 for execution of the EPC works for the 600 MW project for Rs 2035.26 crore. Against the said earlier arrangement, work to the extent of around Rs 388.67 crore had been tentatively executed and the balance order value of around Rs 1,893.26 crore stands mutually cancelled pursuant to the revised contractual arrangement.
Ircon International JV secures contract worth Rs 763 cr
The scope of the work includes Design, Engineering, Manufacture, Assembly, Inspection, Testing at Manufacturer's Works before Dispatch, Packing, Supply, Delivery at Site, Including Insurance during Transit, Subsequent Storage at delivery location(s), Erection, Testing and Commissioning of Under Ground Power Cable Network (HT & LT), Smart Grid Applications including Supervisory Control and Data Acquisition (SCADA), Advanced Distribution Management System (ADMS), Outage Management System (OMS), GIS Mapping & integration, Under Ground OFC Communication System by laying of Optical Fiber Cable (OFC), Integration with third party IT application softwares & hardwares (such as Billing, ERP, & CIS) along with Underground Power Cable and establishment of Smart Grid Control Centre (Main & Backup) with Distribution Network Automation (DNA) including facility management and O&M of system in Agartala Municipality Area, Tripura (Package-A) of Agartala Smart Grid.
KMEW gains after consortium bags Rs 66-cr IWAI contract
Knowledge Marine & Engineering Works (KMEW) jumped 7.70% to Rs 2,234.85 after its consortium bagged a Rs 66.11 crore contract from the Inland Waterways Authority of India (IWAI) for 10 hybrid electric passenger ferries.
Knowledge Marine block deal: SBI Funds Management buys 1.64% stake as promoters exit
Bulk and block deals on June 19 saw SBI Funds Management acquire a 1.64% stake in Knowledge Marine & Engineering Works, alongside transactions in Altius Telecom Infrastructure Trust, Gokaldas Exports and Allcargo amid a volatile market session.
IDBI Bank Ltd leads gainers in 'A' group
Cartrade Tech Ltd, The Anup Engineering Ltd, Kirloskar Pneumatic Company Ltd and Lloyds Engineering Works Ltd are among the other gainers in the BSE's 'A' group today, 17 June 2026.
Lloyds Engineering Works soars 14%; stock up 117% from March low
The average trading volumes at the Lloyds Engineering counter jumped 7-fold with a combined 73 million shares representing 5% of total equity of the company changing hands on the NSE and BSE.
Indian IT Stocks In Focus After Anthropic Releases Public Version Of Mythos AI Model
The company says Fable 5 is state-of-the-art on nearly all tested benchmarks, with particular strength in software engineering and knowledge work. These are capabilities that sit at the heart of the Indian IT services business model.
HG Infra shares surge 7% after receiving completion certificate for ₹4,971 crore Ganga Expressway project
The project involved the execution of civil and associated works on an engineering, procurement and construction (EPC) basis for Group II of the access-controlled six-lane (expandable to eight lanes) Greenfield Ganga Expressway.
BHEL bags 3x800 MW Meja STPP Stage-II project
The scope of the work includes design, engineering, manufacturing, supply, construction, erection, testing and commissioning works for the EPC package.