Rs 2.57 billion order secured by GOCL Corporation from Coal India

06 Jun 2023 CW Team

Order is for supply of detonators, accessories, & cartridge explosives GOCL Corporation Ltd, a subsidiary of the Hinduja Group, announced that it has received orders worth Rs 2.57 billion from state-owned company Coal India Ltd. The orders pertain to the supply of detonators, accessories, and cartridge explosives and span a period of two years, from June 2023 to May 2025.

In its exchange filing, GOCL Corporation Ltd reported a notable growth in profit, with a 20 percent increase to Rs 2.11 billion compared to Rs 1.76 billion in the previous year. The company's consolidated revenue also experienced substantial growth, rising by 126 per cent from Rs 6.23 billion in the previous year to Rs 14.10 billion in FY23. Furthermore, the consolidated revenue for Q4FY23 surged by 85 per cent to Rs 3.02 billion, surpassing the Rs 1.63 billion recorded during Q4 of the previous year.

Additionally, GOCL Corporation Ltd's overseas subsidiary HGHL invested $24 million in 57 Whitehall Investment SARL, Luxembourg. This investment aims to transform the historic Old War Office (OWO) project, located in central London, into a super luxury hotel and upscale residential apartments.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..