Ebix Secures Rs 1.40 Bn MSRTC NCMC Contract
Ebix Technologies, a subsidiary of Eraaya Lifespaces, has secured a Rs 1.40 billion contract from Maharashtra State Road Transport Corporation (MSRTC) to implement India’s first full-scale National Common Mobility Card (NCMC) rollout for concessionary travel.This contract aligns with the Government of India’s 'One Nation One Card' vision, aiming to integrate digital payments across multiple transport systems. Ebix previously supplied over 38,000 Android-based ticketing machines, processing nearly 220 crore tickets in MSRTC’s 16,000-bus fleet over two years.The NCMC initiative, led by NPC..
CASE Launches Stage V Machines for Indian Market
CASE Construction Equipment, a CNH brand, has launched its new range of CEV Stage V-compliant construction machines in Pune. This move reinforces CASE’s commitment to sustainable, future-ready construction solutions in India.The launch event was held at the company’s dealership in Pune, which serves districts including Latur, Solapur, and Kolhapur. Senior officials including Shalabh Chaturvedi, MD – CASE India & SAARC, and Santosh Chougule, Dealer Principal – SS Heavy Equipment, addressed customers on the importance of this regional launch.Chaturvedi stated, “Our new Stage V rang..
L&T to Build India’s Largest Green Hydrogen Plant for IOCL
The plant will be developed on a build-own-operate (BOO) model and will supply 10,000 tonnes of green hydrogen annually to IOCL for a period of 25 years. It will operate entirely on renewable energy, aligning with IOCL’s decarbonisation goals and India’s broader net-zero ambitions.Green hydrogen at the plant will be produced using high-pressure alkaline electrolysers manufactured at L&T Electrolysers Ltd’s facility in Hazira, Gujarat. This initiative further showcases L&T’s commitment to localised, self-reliant clean-tech solutions under the Aatmanirbhar Bharat mission.LTEG’s..
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