New Bidding for Oil and Gas

30 May 2024 CW Team

The Indian government has launched a special bidding round offering two discovered oil and gas fields and one coal bed methane (CBM) block. This initiative is part of the Discovered Small Fields (DSF) Policy, aimed at enhancing domestic hydrocarbon production and reducing import dependence. The DSF Policy simplifies procedures and provides financial incentives to attract investment in smaller oil and gas reserves. The inclusion of a CBM block highlights the government's focus on diversifying energy sources and utilizing unconventional resources. This move is expected to attract national and international investors, promoting technological advancements and operational efficiency in the sector. The bidding round aligns with India's vision of becoming a self-reliant energy producer while addressing environmental concerns associated with traditional energy extraction methods. The new fields, located in strategically significant regions, offer promising opportunities for exploration and production, contributing to the country's energy security and economic growth.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..