AWARDS BAGGED

01 May 2017 CW Staff

Thyssenkrupp has received Gold award for the MULTI elevator in the category Transportation and Logistics at the 2017 Edison Awards.

Alkesh Kumar Sharma, CEO and Managing Director, Delhi Mumbai Industrial Corridor Development Corporation (DMICDC), has been named CEO of the Year for Green Management and Future Leadership at the Golden Globe Tigers Award 2017.

BEML, a public sector company under the Ministry of Defence, has been bestowed with the Hindustan PSU Award under the category 'Fastest Growing Organisation - Miniratna' in recognition of its demonstration with regard to strongest financial growth as a Miniratna PSU amid competitive environment driven with unique challenges.
Apollo LogiSolutions has been awarded the Best Integrated Logistics Player of the Year 2017; and PSS Prasad, President, Apollo LogiSolutions, has been felicitated with the Best Logistics CEO of the Year 2017 award at the Global Logistics Show 2017.
Wipro Lighting has won the Red Dot Award: Product Design 2017 for its lighting product- VERGE LED - in the product design category.
Zebra Technologies Corporation has been recognised as the Supply Chain Technology Achiever of the Year for Hardware, at the inaugural Global Logistics Excellence Awards.

AccorHotels' Mercure Hyderabad KCP has won the 'Best Mid-Market Hotel' award at the 2017 Hotel Investment Conference South Asia awards.

Infrastructure Energy

14 Jan 2026

ONGC Caps Mori-5 Well in Five Days After Blowout

Oil and Natural Gas Corporation Limited (ONGC) has successfully established well control at the Mori-5 well, completing the capping operation within a record five days. The achievement underscores ONGC’s strong blowout response capability and operational discipline in managing critical field incidents.The blowout occurred on 5 January 2026 during service operations at the well being carried out by PEC contractor M/s Deep Industries Limited. ONGC immediately activated its in-house Crisis Management framework and mobilised specialised manpower and equipment to ensure rapid, safe and controlled..

NIIT MTS Acquires SweetRush for Up to $26 Million

NIIT Learning Systems Limited, through its NIIT Managed Training Services (NIIT MTS) arm, has recently acquired 100 per cent of US-based SweetRush, Inc for an aggregate consideration of up to USD 26 million. The transaction was completed via NIIT MTS’ wholly owned subsidiary, NIIT (USA), Inc., and includes performance-linked earnouts over the next five years, subject to customary adjustments.Headquartered in San Francisco, SweetRush was founded in 2001 by Arturo Schwartzberg and Andrei Hedstrom. The company employs over 100 professionals, supported by an extended network of learning experts ..

Lemon Tree–Fleur Restructuring to Create Two Focused Platforms

Lemon Tree Hotels Limited and Fleur Hotels Limited have recently announced that their Boards have approved a Composite Scheme of Arrangement to simplify group structure, sharpen strategic focus and unlock long-term shareholder value, subject to regulatory and shareholder approvals.The reorganisation will result in two distinct yet complementary platforms. Lemon Tree Hotels will operate as a pure-play, asset-light hotel management and brand platform, while Fleur Hotels, a subsidiary of Lemon Tree, will emerge as a large-scale hotel ownership and development platform with a strong growth pipelin..