SIS bags Rs 225 cr project to provide security solutions to CIL arm

24 Feb 2022 CW Team

Security and Intelligence Services (India) Limited (SIS) told the media that it had acquired a project worth Rs 225 crore to provide security solutions to Mahanadi Coalfields Limited (MCL), an arm of Coal India Limited (CIL).

As a part of this acquisition, the company will provide security personnel in several categories to provide security solutions across 18 sites of MCL at Sambalpur, Bhubaneshwar, IB Valley Coalfields and Talcher Coalfields.

SIS Limited announced that it had won a two year contract worth around Rs 225 crore to provide security solutions to 18 sites of MCL located across the country with an option to renew over one year.

The firm's consolidated net profit increased 2% to Rs 100.51 crore on a 10% growth in sales to Rs 2,600.85 crore in Q3 FY22 over Q3 FY21.

SIS provides a wide range of services including security services, home alarm monitoring and response, cash logistics services, and electronic security as well as facility management services.

Image Source

Also read: Coal India plans to complete 35 FMC projects by FY 2023-24

Infrastructure Urban

11 Mar 2026

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..