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Bharat Forge acquires 30% stake in Fortuna Engineering
Consequent to the above, Fortuna Engineering has now become the Associate Company of Bharat Forge.
Texmaco bags Rs 187cr order from Kochi Metro, Vedanta
Texmaco Rail and Engineering Limited has secured new orders totaling Rs 187.37 crore. The company received a Rs 130.22 crore award from Kochi Metro Rail for ballastless track works on its Phase 2 project. Additionally, Texmaco secured a Rs 57.15 crore capex purchase order from Vedanta Aluminium.
Bondada receives its second order worth Rs 816 cr from NTPC Group
Bondada Engineering has received a prestigious Notification of Award (NOA) from NTPC Green Energy for execution of Balance of System (BOS) works for a 600 MW for Block - 1 & Block - 3 Solar PV Project at Fatehgarh, Rajasthan.
IRAJ International to host ICSTSEIM-2026 in Bhubaneswar on August 7-8, focusing on AI and sustainable engineering
Bhubaneswar will host the International Conference on Science, Technology, Sustainable Engineering, and Innovation Management (ICSTSEIM-2026) on August 7-8, 2026. Co-hosted by EATM, the event will focus on the intersection of AI and sustainable engineering, alongside advancements in education. The summit aims to foster global partnerships and empower the next generation of researchers.
Texmaco Rail rises after securing Rs 130-cr order from Kochi Metro Rail
Texmaco Rail & Engineering rose 1.13% to Rs 116.20 after the company said that it has received an order worth Rs 130.22 crore from Kochi Metro Rail.
MIC Electronics update on IPIS v2.0 project for Indian Railways
The program has achieved meaningful progress across all major development areas and is currently on track toward product realization and delivery. The Company's focused engineering approach and coordinated team efforts are enabling steady development with a clear roadmap toward successful deployment of the solution.
Pace Digitek secures order worth Rs 702 cr from Damodar Valley Corporation
The contracts with a combined value of Rs 702 crore (including GST), comprise supply contract, EPC services contract and long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive O&M, along with associated civil, structural and evacuation infrastructure works.
From Chennai to Abu Dhabi: How Indian manufacturers are breaking into the Middle East’s oil supply chain
Indian engineering firms are now entering the Middle East's oil and gas supply chains. Global energy companies are broadening their supplier choices. This opens doors for Indian manufacturers meeting strict standards. Companies like LSI-MECH Engineers are gaining approval. The Middle East continues energy infrastructure investment. Diversifying vendor bases is a priority for global firms.
Everstone Capital acquires Germany’s Qlar Group in $150-200 million deal
The acquisition underscores Singapore-based Everstone’s push to back global manufacturing and engineering businesses with significant operations in India and Asia.
Cold-rolled formed engineering solution slashes mining scrap by 80 pc, cut costs by 10-20 pc:Experts
Cold-rolled formed engineering solutions are revolutionizing the mining sector by significantly reducing waste, with experts highlighting up to an 80% decrease in scrap generation. This precision-driven process minimizes material loss, lowers costs, and enhances long-term performance. The technology also improves corrosion resistance and coating retention, leading to extended service life and reduced maintenance expenses.
L&T wins largest domestic metals order from JSW Steel for major expansion
Larsen & Toubro's Minerals & Metals division secured its largest domestic metals order from JSW Steel, valued between Rs 10,000 crore and Rs 15,000 crore. This 'mega order' involves comprehensive engineering, procurement, and installation of critical process facilities for JSW Steel's expansion to over 50 MTPA by 2031, primarily at sites in Karnataka and Odisha.
L&T shares fall 4% after March quarter net profit dips 3%. Why are Jefferies, Goldman Sachs bullish?
Larsen and Toubro shares fell after the company reported a 3% YoY decline in Q4 net profit to Rs 5,326 crore. Despite the profit dip, revenue rose 11% to Rs 82,762 crore, with international business contributing over half. EBITDA grew 5%, indicating stable operational performance driven by core engineering and services segments.