Ahluwalia Contracts (India) bags new construction projects worth Rs 6.61 billion

09 Mar 2020 Editorial Team

Ahluwalia Contracts (India) has bagged orders worth Rs 6.61 billion for construction and electrical works in New Delhi and Haryana.

The firm has secured new orders aggregating to Rs 1.29 billion (approximately) for electrical works of Medical College at Village Koriyawas District Mohinder Garh, Haryana, which has been awarded from Haryana PWD, B&R.

Another work order of Rs 5.32 billion has been bagged by the firm, awarded by CPWD, New Delhi, for construction of steel and structure non-resident building using pre-engineered construction technology. The work also includes development of area and all services on an EPC basis at KG Marg (Near Asia House) and Africa Avenue, Near Sarojini Nagar Depot, New Delhi.

The total order inflow of Ahluwalia Contracts (India) during the FY2019-20 stands at Rs 39 billion.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..