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Afcons Infrastructure bags Rs 373-cr civil works order
Afcons Infrastructure announced that it has secured orders worth Rs 373 crore for civil infrastructure works under its Urban Infrastructure and Metro business unit.
Afcons Infra secures ₹373 crore orders for urban, metro projects in April
Afcons Infrastructure wins ₹373 crore urban and metro EPC and tunnelling orders, 20% equity lock in ends, shares close at ₹342, up 0.68%.
Q4 Results This Week: L&T, BHEL among 120-plus companies set to report numbers
From Nifty 50 names like Larsen & Toubro, Mahindra & Mahindra, Titan, Bajaj Auto, Tata Consumer, to important broader market names like BHEL, Manappuram Finance, Lupin, Petronet LNG, Urban Company, Paytm and others, these companies will be reporting their March quarter results over the course of this upcoming week.
Ceigall India says its joint venture CIL-SAM bags Rs 918-cr order from Jaipur Metro
Ceigall India's joint venture, CIL-SAM India, has secured a Rs 918.04-crore project from Jaipur Metro Rail Corporation for Phase-II expansion. The contract involves designing and constructing an 10.8 km elevated viaduct and ten metro stations, with a 34-month execution timeline. This win signifies Ceigall India's diversification into urban mobility projects.
Sunkonnect plans to cut 15% carbon dioxide emissions in educational institutes over 4 years
Sunkonnect's ambitious plan targets 34 million tonnes of CO2 reduction. The firm will install solar rooftops on over 5,000 schools. Energy audits, LED upgrades and waste management are also included. This initiative aims for energy-efficient and net-zero campuses across India.
The IPO afterlife for unicorns: How mutual funds are doubling down on next-gen leaders
Indian mutual funds have boosted their investments in five new-age companies. Funds poured into stocks like Urban Company, Ather Energy, Lenskart, Meesho, and PhysicsWallah. This shows growing confidence from domestic investors in these tech-focused businesses. Brokerages are also initiating coverage with positive outlooks. This trend indicates a significant shift in institutional capital towards India's new-age economy.
NBCC, HUDCO partner for August Kranti Bhawan redevelopment, project funding
NBCC signs two MoUs with HUDCO to redevelop August Kranti Bhawan in Delhi and secure funding for self sustainable projects, aiming to speed execution and boost urban infrastructure.
Enviro Infra wins two EPC contracts worth ₹972 crore for sewage projects
Enviro Infra Engineering wins two EPC contracts worth ₹972 crore to build sewage treatment plants and sewer networks under Swachh Bharat Mission Urban 2.0. Shares of Enviro Infra Engineering ended higher on Friday, April 10, by 1.25% at ₹173.15 on the NSE.
Power Mech enters urban mobility with ₹296 crore Mumbai Monorail contract
Power Mech wins ₹296 crore five year O and M contract from MMMOCL for Mumbai Monorail, marking its entry into urban mobility, shares rise nearly 6%.
BEML, Delhi Metro Rail Corp partner to bid for rail, metro projects
BEML signs MoU with DMRC to jointly bid for rail and metro projects in India and abroad, leveraging manufacturing and execution strengths to expand in urban mobility markets.
Organic Recycling Systems signs MoU with ITEL, Chennai
Organic Recycling Systems (ORSL) has entered into a strategic Memorandum of Understanding (MoU) with the Immersive Technology and Entrepreneurship Labs Foundation (ITEL), Chennai, to jointly drive research, innovation, and capacity-building initiatives in bio-energy, waste management, and green technologies.
India advances Sustainable Development Goals with clean energy, sanitation, and inclusive growth
India stands at the forefront of sustainable development innovation. Noteworthy achievements include the complete eradication of open defecation in districts and the implementation of gender-segregated toilets in educational institutions, enhancing public health. Waste management has seen a transformation, with smart cities processing over 70% of their waste through advanced methods.