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KMEW acquires 15 acres prime waterfront land at Saphale, Maharashtra
Knowledge Marine & Engineering Works (KMEW) announced the acquisition of ~15 acres of prime waterfront land (with an additional 5-acre expansion option) at Saphale, Palghar, Maharashtra. Executed through its subsidiary, Knowledge Shipyard, the acquisition marks a pivotal step in KMEW's evolution into a technology-driven, sustainable shipbuilding enterprise.
GE Vernova gets order to supply 9 pumped storage units in India
GE Vernova will supply nine pumped-storage units for Megha Engineering & Infrastructures Limited's Upper Sileru hydropower plant in Andhra Pradesh. This 1.35-gigawatt project, expected by 2030, will be one of India's largest. Pumped storage is vital for grid stability and balancing renewable energy. GE Vernova's work includes design, manufacturing, and commissioning of the units and control systems.
G R Infra bags Rs 413-cr EPC order from NTPC
G R Infraprojects announced that it has secured an engineering, procurement and construction (EPC) contract from NTPC for Battery Energy Storage System (BESS) implementation.
Unimech signs definitive agreements to acquire Hobel Bellows
Bengaluru based Unimech Aerospace and Manufacturing Limited has signed agreements to acquire Hobel Bellows. Hobel Bellows is a specialised Indian manufacturer of metallic bellows and flexible tubing components. This acquisition is a significant step for Unimech to build a globally competitive precision engineering platform.
Unimech signs deal to acquire Hobel Bellows for Rs 450 crore
Unimech Aerospace and Manufacturing Limited is acquiring Hobel Bellows for Rs 450 crore. This strategic move will boost Unimech's manufacturing power. It will also expand its reach into important industrial areas. The deal aims to transform Unimech into a global precision engineering leader. Hobel Bellows is a specialized Indian maker of metallic bellows and engineered parts.
Market Trading Guide: Buy Adani Green and HBL Engineering on Thursday for gains up to 16%
Nifty 50 ended lower, breaking its winning streak amid IT and FMCG weakness. Technical indicators show mixed signals with bearish bias short term. Analysts highlight support levels and recommend selective buying in Adani Green Energy and HBL Engineering.
Board of Elecon Engineering Company appoints directors
At meeting held on 15 April 2026
Devang Mehta bets on capex, power themes; sees retail recovery, cautious on IT
Devang Mehta, Deputy Managing Director & CIO - Equity NDPMS, Spark Private Wealth Management, said consumption trends are improving with demand and margins showing recovery across companies, making the sector worth tracking over the medium term. He highlighted earnings visibility in engineering, power and financial segments, supported by order books and flows. He also pointed to opportunities in market-linked businesses, while noting that growth visibility remains uneven across sectors. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Q4 Results Today Live: Tejas Networks Net Loss Widens; HDB Financial Profit Surges, Declares Dividend
Major companies include HDB Financial Services, ICICI Lombard GIC, Elecon Engineering, Reliance Industrial Infrastructure and Tejas Networks.
Elecon Engineering posts PAT of Rs 108 crore in Q4; order book rises to Rs 1,292 crore
Elecon Engineering Company has reported 26.4% fall in consolidated net profit to Rs 108 crore on a 6.5% decline in revenue to Rs 746 crore in Q4 FY26 as compared with Q4 FY25.
Elecon Engineering Company consolidated net profit declines 95.90% in the March 2026 quarter
Sales decline 6.51% to Rs 745.61 crore
Nuvama’s PE arm raises focus on manufacturing, invests ₹200 cr in Chennai-based Val-Met Engineering
Nuvama Private Equity has acquired a minority stake in Val-Met Engineering for ₹200 crore to capitalize on the aerospace and defence manufacturing boom. The investment aims to scale the specialized material supplier into a global player through tech upgrades and international acquisitions.