Vascon Engineers has received Letter of Intent amounting to Rs 347.43 crore (including GST) from Central Public Works Department, Guwahati for Demolition and Re-development of RBI Quarters at Zoo-Narengi Road Colony, Guwahati, Assam. The work has been awarded on EPC Basis.
3i Infotech has received Purchase Order from Hindustan Petroleum Corporation (HPCL), for providing Facility Management Services (FMS) across HPCL locations for three years. The engagement involves providing IT services across HPCL’s Corporate R&D Centre, Visakh Refinery, Head Office, Zones, ISC and multiple PAN India locations. The scope includes skilled manpower support, desktop and endpoint support, printer and scanner support, server support, VMS endpoint support, travel assistance and related IT infrastructure support services.
Pine Labs has completed acquisition of 100% stake in Shopflo Technologies (Shopflo) by way of purchase of shares from the existing shareholders of Shopflo. Consequent to completion of the acquisition, Shopflo has become a wholly owned subsidiary of the company with effect from June 10, 2026.
Biocon has acquired equity stake in Ampin C&I Power Twelve (AMPIN), a Special Purpose Vehicle formed for generation and supply of solar power. This acquisition aligns with the company’s renewable energy objectives, supporting the procurement of green energy and advancing its decarbonization goals and will help the company in reducing its energy cost and carbon footprint.
Krystal Integrated Services has received a work order from Office of Resident Commissioner, Maharashtra Sadan for providing Mechanized House Keeping Services at Front Office Management, Reception and Maintenance of Engineering Services at new and old Maharashtra Sadan, New Delhi for a period of 4 years. Contract value is approximately Rs 24.38 crore including all taxes.
MethodHub Software is planning to set up nearshore operations in Guadalajara, Mexico and San Jose, Cosa Rica to offer same time zone services to leading customers and prospects in the US and Canada, besides multilingual support. MethodHub has also launched the QuantumHire portal to focus on full time hiring. This is focused on GCCs and would play well with the new Central American push to grow the company’s footprint and customer wallet-share. It would also help MethodHub participate in a more integral way with the customers’ resourcing plan.
India Cements has entered into Energy Supply Agreement and Share Subscription and Shareholders Agreement to acquire 12.48% equity shares of FPEL SERVICES, a company engaged in generation and transmission of renewable energy. The acquisition is for the purposes of meeting the company’s green energy needs, optimising energy cost and comply with regulatory requirements for captive power consumption under electricity laws.
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