Market News

Texmaco Rail & Engineering wins order of Rs 39 cr from Southern Railways

Road ministry raises construction timelines for NH projects to up to six years

These normative construction periods will be applicable for all national highway projects to be bid out either on engineering, procurement, construction (EPC) mode, hybrid annuity model (HAM) or build-operate-transfer (BOT) mode on or after May 6, 2026, the ministry of road transport and highways said in a circular issued on Monday.

Larsen & Toubro gains 3%; stock up 13% from March low

The stock price of engineering and construction (E&C) major was trading higher for the third straight day, gaining 6 per cent during the period.

Vikran Engineering surges after bagging LoAs worth Rs 531 crore

Vikran Engineering jumped 8.79% to Rs 60.25 after the company announced that it has received two major letters of award (LoA) aggregating to Rs 530.80 crore from Maharashtra State Electricity Distribution Co. (MSEDCL).

TCS inks MoU with ABB to strengthen strategic IT, AI, and engineering partnership

Tata Consultancy Services (TCS) has signed a memorandum of understanding (MoU) with ABB to strengthen collaboration across IT infrastructure, applications, digital and industrial AI initiatives, data centres, and other emerging technologies.

Akasa Air's Phuket-Bengaluru flight suffered lightning strike on Wed; plane landed safely in Chennai

An Akasa Air flight from Phuket to Bengaluru was diverted to Chennai on Wednesday due to bad weather. The Boeing 737 MAX aircraft experienced a lightning strike during the flight. Pilots followed safety protocols, and the plane landed safely in Chennai. The aircraft is now undergoing engineering checks. Akasa Air confirmed lightning strikes are manageable in aviation.

TCS partners with ABB to advance industrial AI and digital transformation

TCS signed an MoU with ABB to expand collaboration in IT infrastructure, AI, and engineering, aiming to drive innovation and operational efficiency in industrial AI and data centres. Shares of Tata Consultancy Services hit a 52-week low of ₹2,350.20 today (March 19), ending 3.20% lower at ₹2,362.80 ahead of the announcement. The stock has fallen nearly 27% YTD and over 32% over the last 12 months.

Ashish Kacholia sells Cosmic CRF stake, exits BEW Engineering

Shares of Cosmic CRF Ltd ended at ₹693.45, up by ₹63.00, or 9.99%, on the BSE and shares of BEW Engineering Ltd ended at ₹83.50, down by ₹0.40, or 0.48%, on the NSE.

BEW Engineering bulk deal: Ashish Kacholia exits SME company as stock slumps 44% in a year

Ace investor Ashish Kacholia exited BEW Engineering entirely through a bulk deal, amid prolonged stock underperformance and declining prices, raising concerns about the company’s near-term outlook despite its niche presence in pharmaceutical equipment manufacturing and past listing gains.

Texmaco Rail & Engineering bags Rs 4-cr deal from Western Railway

Texmaco Rail & Engineering said that it has secured a Rs 3.54 crore assignment from Western Railway to install Anti-Bird discs on insulators across electrified sections of Vadodara Division.

Data centre boom brightens engineering job prospects—100,000 new jobs likely

As AI, data localization and tax sops spur investment in India’s data centre industry, the sector is seen generating over 100,000 new engineering jobs in the coming years, offering a potential cushion against slowing hiring across the IT services sector.

Ramco Systems signs MoU with Anna University, Chennai

To establish a dedicated ERP Lab for the University's Industrial Engineering programme