Zensar Technologies, Power Grid and Hexaware Technologies to see some action today

13 Feb 2026 Evaluate

Zensar Technologies has secured a large 5.5-year framework deal with an expected revenue $210 million from a large financial company. Under this framework deal, Zensar Technologies will fundamentally rethink how work is done and delivered across the enterprise and unlock efficiencies by use of AI led automation.

Power Grid Corporation of India, pursuant to its selection as the successful bidder under Tariff based competitive bidding, has acquired Bellary Davanagere Power Transmission, the Project SPV to establish Transmission system strengthening for integration of additional RE potential at Davanagere (0.25 GW) and Bellary (2.75 GW), on build, own, operate and transfer (BOOT) basis from the Bid Process Coordinator - REC Power Development & Consultancy (RECPDCL).

Hexaware Technologies has entered into a strategic partnership with CareInsight, an AI-native healthcare technology company. The collaboration brings together AI-native healthcare platforms and deep AI and digital transformation expertise to deliver outcome-based, production-grade AI at scale for healthcare organizations, focused on measurable improvements in operations, decision-making, and care delivery.

Ministry of Defence has signed a contract with Hindustan Aeronautics (HAL), Transport Aircraft Division, Kanpur for the acquisition of eight Dornier 228 Aircraft along with Operational Role Equipment for the Indian Coast Guard (ICG) at a cost of Rs 2,312 crore under Buy (Indian) category. The programme is expected to generate significant direct & indirect employment by strengthening the HAL’s production ecosystem and supporting a broad network of MSMEs & ancillary industries.

Rajesh Power Services has signed Joint Venture Agreement with VITS Total Power Solutions for the formation of a Joint Venture Entity under name of RPSL -VITS JV for Design, Supply, Erection, Testing & Commissioning of 132kV Transmission Line from GSS Nabinagar to Railway TSS Nabinagar and associated 02 Nos. 132kV Line Bays at GSS Nabinagar under Railway Project Danapur of East Central Railway.

J. Kumar Infraprojects has received Letter of Acceptance from NBCC (India), for the project of Redevelopment of GPRA Colony at Netaji Nagar, New Delhi- SH: Construction of Type-V quarters (540 Nos), Community Hall, Miscellaneous Buildings (Main Gate, Swatch Bharat Toilets, ESS) including allied works on Design, Engineering Procurement and Construction (EPC) basis including Operation & Maintenance for five years (PKG-IV), for the total contract cost amounting to Rs 615.53 crore which is inclusive of all taxes, duties, cess, statutory levies.

Saatvik Green Energy’s wholly owned subsidiary -- Saatvik Cleantech EPC has entered into a Share Purchase Agreement (SPA) on February 12, 2026 for acquisition of 49% equity shares of Intelligent Hydel Solutions. Cost of acquisition is Rs 1.30 crore.

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