SCI Seeks Bids for Eight New Gas Carriers
The Shipping Corporation of India (SCI) has invited bids to acquire eight new very large gas carriers (VLGCs), reinforcing its expansion plans while supporting India’s domestic shipbuilding industry. According to the tender, six of the vessels must be constructed in India, while the remaining two can be built by international shipyards. The requirement aligns with the government’s policy push to strengthen local shipbuilding capacity and comply with Press Note 3 regulations governing foreign participation in sensitive sectors. SCI has issued an Expression of Interest (EoI) to identify el..
L&T Wins Riyadh Metro Extension Order
Larsen & Toubro (L&T) has secured a new order in Saudi Arabia for the extension of the Riyadh Metro, valued in the range of Rs 50–100 billion, reinforcing its footprint in large-scale international infrastructure projects. The contract has been awarded to L&T’s Heavy Civil Infrastructure business vertical by the Royal Commission of Riyadh City. The order forms part of an ultra-mega project being executed by a global consortium comprising Webuild S.p.A, L&T, Nesma & Partners Contracting, Alstom and IDOM. The project involves the expansion of the Red Line of the Riyadh Metro network, one o..
SpazeOne Unveils Major South India Expansion Plans
SpazeOne, South India’s fastest-growing managed office space provider, has announced a significant expansion across the region, with plans to open new centres in Bengaluru, Kochi, Coimbatore, Trivandrum and Calicut. The move marks the company’s next phase of growth as demand rises from startups, small and medium-sized enterprises and large corporations for scalable, technology-enabled workspace solutions. As part of its Bengaluru-focused strategy, the company will add around 200,000 sq ft of managed office space in the city, backed by an investment of Rs 20 million. The upcoming centre in..

