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Tech Mahindra, Mobavenue AI Tech and Highway Infrastructure to see some action today

27 Oct 2026 Evaluate

Tech Mahindra has entered into partnership with Mastercard to help global enterprises modernize B2B payments by embedding secure virtual card and payment capabilities directly into their enterprise resource planning (ERP) and procurement platforms. This engagement will help organizations optimize working capital, strengthen spend controls, accelerate payment execution and reconciliation, and simplify supplier enablement while retaining their existing technology investments. 

Mobavenue AI Tech has launched ResurgeX in the United States. ResurgeX is an AI-powered programmatic demand-side platform (DSP) for retargeting and remarketing, built to help app marketers re-engage existing users, improve conversions and increase customer lifetime value. The launch builds on the start of Mobavenue’s US operations in July 2026 and brings the Activation layer of its A3 framework, Awareness, Acquisition and Activation, to American advertisers.

Highway Infrastructure has received the Letter of Acceptance (LOA) of Rs 91.77 crore from National Highways Authority of India (NHAI) for Engagement of user fee agency through E-Tender at Baiti Kala Fee Plaza at Design Km 175.050 for the use of four lane of SultanpurVaranasi section from design kilometre 134.700 to kilometre 209.230 (existing km 134.700 to km 205.000) of National Highway number 56 (New NH-731) in the State of Uttar Pradesh. It also involves Upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items.

Sigma Advanced Systems has secured an order valued at $102.23 million (around Rs 973 crore) for the manufacture and supply of Base Bleed (BB) Units for a NATO customer, with execution scheduled over a period of 12 months. The order marks a significant milestone in the company’s strategy to expand its capabilities across the 155 mm artillery ammunition manufacturing value chain. 

Bajel Projects has secured a Major order worth approximately Rs 200 plus crore from a private client for the Engineering, Procurement and Construction (EPC) of 400 kV Gas Insulated Substations (GIS) at Dharavi and Ghatkopar in Mumbai. The order encompasses the EPC works of 400 kV GIS Receiving Substations (RSS), including associated electrical systems, substation automation, communication infrastructure, Balance of Plant equipment, and civil works. The project will support the strengthening of Mumbai's power transmission infrastructure and contribute to enhancing power reliability in one of India's most densely populated metropolitan regions.

KPI Green Energy’s subsidiary -- Sun Drops Energia (SDEL) has incorporated two wholly owned subsidiaries in the name of ‘KPGC Four’ and ‘KPGC Five’ on October 26, 2026. Consequent to the aforesaid Incorporation, KPGC Four and KPGE Five has become step-down subsidiaries of the Company, in accordance with the applicable provisions of the Companies Act, 2013.

Omaxe has approved to incorporate a Wholly Owned Subsidiary (WOS) of the Company. The proposed entity will undertake real estate-related activities, particularly projects under the Public-Private Partnership (PPP) model.