
KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

Central Bank of India executes first fully digital SCF deal on PSB Xchange
In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power
Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Orient Technologies acquires Red Hut, invests in Athena and AIT for Rs 77.1 Mn
Orient Technologies Limited, a leading provider of digital transformation and IT infrastructure services, has announced the acquisition of Red Hut Innovation Technology Pvt. Ltd. and minority investments in Athena IT & Telecom Solutions Pvt. Ltd. and AIT Internet Services Pvt. Ltd. for a combined value of Rs 77.1 million. The strategic move aims to strengthen Orient Technologies’ position as a next-generation digital technology leader delivering integrated solutions across cloud, connectivity, and cybersecurity. The company has acquired a 100 per cent stake in Bengaluru-based Red Hut Innova..