Wooden Elegance

CG Power Expands US Rail Footprint With Flanders Deal

CG DE SUB, LLC (“CG USA”), a wholly owned step-down subsidiary of CG Power and Industrial Solutions Limited, has entered into an agreement with Flanders Electric Motors Service, LLC (Flanders), a global leader in electrical rotating equipment and technology solutions, to strengthen its presence in the United States railway sector. The collaboration will focus on providing competitive, high-quality traction motor replacement and refurbishment solutions with faster turnaround times for US rail operators.The US railway network spans nearly 140,000 miles—three times the size of Indian Railwa..

SPML Infra wins Rs 10.73 billion Indore water project

SPML Infra Limited, India’s leading water infrastructure developer, has secured a prestigious Rs 10.73 billion (inclusive of GST) contract from Indore Municipal Corporation for the augmentation of the city’s water supply system under the AMRUT 2.0 programme. The project also includes a comprehensive 10-year operation and maintenance (O&M) contract.Project Scope and SignificanceThe landmark initiative will strengthen Indore’s water infrastructure, ensuring reliable access to safe drinking water for over 2 million residents. Key components include:Intake and Raw Water Pumping: Construc..

Saarathi Finance adopts FinnOne Neo for digital lending

Noida, India, 19 August 2025 – Saarathi Finance, a new-generation non-banking financial company (NBFC), has selected Nucleus Software’s FinnOne Neo®, a leading digital lending platform, to power its technology-first approach to loan origination, management, and collections. The move supports Saarathi’s mission to narrow India’s MSME credit gap through a cloud-ready, API-driven lending stack that combines agility, security, intelligence, and speed while fully complying with regulatory guidelines.Backed by marquee investors, Saarathi Finance aims to expand credit access for underserved ..