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Business Standard - Markets 18d ago

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.

GVPILHGINFRAIRCONKHFMKMEWLLOYDSENGGMBELPOWERGRIDSERVOTECHSFMLSPCLCapital GoodsConstruction
Rani Kapur moves Supreme Court over family trust-linked board meeting
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LiveMint - Companies 60d ago

Rani Kapur moves Supreme Court over family trust-linked board meeting

The new application, reviewed by Mint, asked the court to restrain Kapur's widow, Priya Kapur, and other respondents from changing the management structure, appointing new directors, altering bank signatories, or taking financial decisions

BANKINDIAJMFINANCILSFMLSUPREMESUPREMEINDSUPREMEINFTRUSTCapital GoodsConstruction
Rail travel insurance should not be limited to online tickets: SC
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ET Markets - Industry 121d ago

Rail travel insurance should not be limited to online tickets: SC

The Supreme Court has ruled that all railway passengers must have equal access to travel insurance. This applies whether tickets are bought online or at counters. The court stated that a distinction in treatment is not justified. While misuse of insurance is a concern, solutions should be found instead of denying the facility.

ALLETECSFMLSUPREMESUPREMEINDSUPREMEINFCapital GoodsConstruction
Supreme Court says repeated challenges by unsuccessful bidders erode IBC’s framework
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LiveMint - Companies 134d ago

Supreme Court says repeated challenges by unsuccessful bidders erode IBC’s framework

The SC upheld the resolution plan of Sarda Energy & Minerals Ltd for SKS Power Generation (Chhattisgarh) and dismissed appeals filed by Torrent Power, Jindal Power and Singapore-based Vantage Point Asset Management

CRAMCDPELENERGYGKENERGYGVPILHDFCAMCICICIAMCKPELNAM-INDIASARDAENSFMLSUPREMESUPREMEINDSUPREMEINFSUPREMEPWRTORNTPOWERUTIAMCCapital GoodsConstruction