NCC has received Letter of Acceptance (LoA) from Mumbai Metropolitan Region Development Authority (MMRDA) for Design, Manufacture, Supply, Installation, Integration, Testing, and Commissioning of Rolling Stock, Communication-Based Signaling & Train Control, Telecommunication Systems, Platform Screen Doors and Depot Machinery & Plant for Line 6 [Swami Samarth Nagar to Vikhroli - (EEH)] of the Mumbai Metro Rail Project. Contract value is approximately Rs 2269 crore (excluding GST).
Indegene has launched NEXT Medical Writing Automation, an advanced platform that combines deep medical writing expertise with generative AI (GenAI) to accelerate the creation of high-quality, compliant documents across clinical development, regulatory submissions, and beyond. Medical writing teams are under constant pressure to deliver precise, regulatory-ready documents within tight timelines, often while navigating fragmented data and evolving compliance needs. NEXT Medical Writing Automation addresses these challenges head-on. It combines Indegene’s decades of domain knowledge with the power of its AI engine, Cortex. As a life sciences-specialist knowledge engineering and multi-agent orchestration platform, Cortex by Indegene enables life sciences leaders to adopt and scale this transformative technology with enterprise-grade governance.
Rail Vikas Nigam has received Letter of Acceptance (LoA) from South Central Railway for Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25kV system to 2X25kV at feeding system with feeder and earthing works in Duvvada-Rajahmundry & Samalkot-Kakinada Port section of Vijayawada Division under South Central Railway, Total 195.5 RKM/ 391 TKM. Cost of work is Rs 213.22 crore. The said order is expected to be completed in 24 months.
HFCL has received approval for the enhancement of Intermittent Bonded Ribbon (IBR) cable manufacturing capacity from around 1.73 million fiber kilometres per annum (mfkm/p.a.) to around 19.01 mfkm/p.a. at its existing facilities in Hyderabad and Goa with a total capital outlay of approximately Rs 125.55 crore. This expansion is in line with the company’s strategy to diversify its optical fiber cable product portfolio, capture high-value market segments, and drive market expansion.
VIP Industries’ promoters -- Dilip Piramal and Family have entered into a definitive agreement with the Multiples Consortium to sell up to 32% stake in the company. Upon completion of the transaction, control of the company will be transferred to Multiples Private Equity while Dilip Piramal and Family will continue to be shareholders in the Company.
Suraj Estate Developers has launched -- Suraj Aureva, a premium residential project under the Value-Luxury segment, strategically located in the highly coveted neighbourhood of Prabhadevi, Mumbai. With a projected Gross Development Value (GDV) of Rs 120 crore and a saleable carpet area of approximately 0.24 lakh square feet, this project is being developed under a capital-efficient redevelopment model, combining Regulations 33(7), 33(7)(B), and 33(12) of DCPR 2034. Suraj Aureva is a thoughtfully designed 21-storey residential tower offering well-optimized 1 BHK,2 BHK and 3 BHK homes ranging from 450 to 806 square feet RERA carpet area, with prices starting at Rs 2.47 crore. The project addresses the growing demand for premium compact homes in Prabhadevi -- a micro-market characterized by limited new supply in these configurations.
Apeejay Surrendra Park Hotels has entered into Memorandum of Understanding (MoU) with Katsons Hotel and Developer and Mr. Ved Parkash Kataria, in relation to acquiring on lease and managing properties located at Goa (42 rooms), Manali (24 rooms), Shimla (24 rooms), and Dharamshala (48 rooms), under the company's hospitality brand. The MoU contemplates a 12-year lease arrangement for all four properties with a total of 138 rooms. Post execution of definitive lease agreements, the properties in Goa and Dharamshala are expected to be operational within 60 days and the other two properties at Manali and Shimla within 90 days. This proposed arrangement is in line with the company's strategic expansion into high-potential leisure destinations. The property in Goa will further strengthen the company’s position in the market and the others will strengthen its position in the fast growing tourist market of Himachal Pradesh.
