Petronet LNG, ONGC and Poonawalla Fincorp to see some action today

Petronet LNG (PLL) and Oil and Natural Gas Corporation (ONGC) have entered into a Master Regasification Agreement (MRA) under which PLL shall provide LNG regasification services to ONGC at Dahej regasification terminal, thereby enabling them to supply regasified natural gas to meet the requirements of its downstream consumers. The MRA shall remain valid for a period of five year, with a provision for further extension based on mutual agreement between PLL and ONGC.

Oil and Natural Gas Corporation (ONGC), through its joint venture companies with Mitsui O.S.K. Lines (MOL), Japan, has entered into Ship Building Contracts (SBCs) with Samsung Heavy Industries, South Korea, for the construction of two state-of-the-art Very Large Ethane Carriers (VLECs) on January 27, 2026. The fast-tracked conclusion of these SBCs reflects strong trilateral cooperation and industrial partnership among India, Japan and South Korea. 

Poonawalla Fincorp (PFL) has rolled out five new AI-powered enterprise solutions. The new deployments extend the use of artificial intelligence across strategic decision-making, customer onboarding, data quality management, customer experience analytics and application development. These initiatives reflect PFL’s long-term vision to become a digitally fluent, data-driven, and highly scalable financial organization, with AI-first approach being adopted across functions. 

ABB India has secured a major order from Titagarh Rail Systems to supply advanced propulsion systems and Train Control and Management System (TCMS) software for the Mumbai Metro Line 5 (Orange Line), Thane to Kalyan via Bhiwandi, and Line 6 (Pink Line), from Swami Samarth Nagar to Vikhroli. These upcoming metro lines are key to Mumbai’s rail network in significantly improving connectivity between key geographical locations, reduce travel time, and ease road traffic for daily commuters. The order reinforces ABB’s role as a trusted partner in delivering energy-efficient, reliable, and sustainable solutions for India’s growing metro networks.

InfoBeans Technologies has launched its Insane SDD Accelerator, an AI-powered Spec-Driven Development process enabling enterprises to turbocharge software delivery with up to 50% faster cycles, halved production defects, and 70% savings on Dev Days. Powered by AI as a co-pilot for spec breakdowns, quality gates, and modular tools like GitHub Copilot and Code Rabbit, the accelerator delivers precision, reduces rework, and ensures sustainability in complex systems. Deployment is practical and measurable, with early risk shifting and cultural alignment.

Deep Industries has received a Notification of Award/ Fax of Acceptance from GAIL (India) for hiring of Compression facility at RT-USAR Plant. The total estimated value of the said award is approximately Rs 108 crore.

Thomas Cook’s wholly owned subsidiary -- Sterling Holiday Resorts has opened Sterling Nirmaya Dharamshala, a contemporary Himalayan retreat set against sweeping views of the Dhauladhar ranges. The new resort marks Sterling’s sixth property in Himachal Pradesh and adds a distinctive dimension to the brand’s growing leisure portfolio in North India.