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RailTel Corporation, Lupin and Jonjua Overseas to see some action today

11 Aug 2026 Evaluate

RailTel Corporation of India has received the Work Order from Department Of Posts for Provisioning and Management of Cloud Services for Postal Life Insurance, Department of Posts. The size of order as per Work Order is Rs 119.18 crore (Including Tax). The said order is expected to be completed by September 21, 2026. 

Lupin has received approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application for Sodium Zirconium Cyclosilicate for Oral Suspension, 5 g/packet and 10 g/packet. The USFDA has approved the company’s Sodium Zirconium Cyclosilicate for Oral Suspension, 5 g/packet and 10 g/packet as bioequivalent to the reference listed drug (RLD) Lokelma for Oral Suspension of AstraZeneca Pharmaceuticals LP and is indicated for the treatment of hyperkalemia in adults. Sodium Zirconium Cyclosilicate for Oral Suspension (RLD Lokelma) had estimated annual sales of $568 million in the U.S. (IQVIA MAT Jun 2026).

Jonjua Overseas has entered into and executed a Memorandum of Understanding (MoU) with Anjali Sharma, a Lady Entrepreneur based in Rampur BSR, Himachal Pradesh, for cooperation and facilitation in connection with the development of a Private Rooftop Helipad to be situated near the National Highway at Rampur BSR, Himachal Pradesh. The MOU has been executed with the objective of facilitating improved connectivity and accessibility in the remote Himalayan region and contributing towards the betterment for the benefit of the people, tourism, emergency services and economic activities in the region.

Lemon Tree Hotels has signed Lemon Tree Premier, Madurai. This signing further strengthens the group's footprint in Tamil Nadu, expanding its presence across key commercial and leisure markets. The property will be managed by Carnation Hotels, a wholly owned subsidiary of Lemon Tree Hotels. With this addition, the group’s portfolio in Tamil Nadu expands to eight properties, comprising five operational hotels and three upcoming developments.

Krystal Integrated Services in consortium with LC Infra Projects (LIPPL), has received two work orders from Government of Maharashtra, Urban Development Department, Maharashtra Urban Development Mission Directorate Swachh Maharashtra Mission (U) 2.0 for development of Sewage Treatment Plants (STPs), I & D and Sewer network on EPC basis for Revenue Division-Pune and Nagpur, under Bid Category II-ULBs having STP capacity 5 MLD & above. The aggregate contract value of the two work orders is Rs 740.06 crore, including GST. The company's share in the Consortium is 40%, aggregating to around Rs 296.02 crore. The contracts are for a period of 2 years.

Valiant Laboratories has received approval for making further investment in Valiant Advanced Sciences (VASPL), a wholly owned subsidiary of the Company, up to an aggregate amount not exceeding Rs 60 crore, by way of subscription to 1% Optionally Convertible Redeemable Preference Shares, in one or more tranches, subject to applicable laws and approvals, if any. The Board of Directors of the company at its meeting held on August 10, 2026, has inter alia considered and approved the same. 

Zen Technologies has received an order amounting to Rs 295 crore (including GST), for supply of Simulators from Ministry of Defence, Government of India. The order will be executed within a year.