Bihar Intensifies Investments as Industrial Growth Accelerates

Protean eGov Bags Rs 1 Bn Tech Deal for Bima Sugam Platform

Protean eGov Technologies has secured a work order worth around Rs 1 billion from the Bima Sugam India Federation (BSIF), as per a regulatory filing. The order was awarded on June 9, 2025, following a request for proposal (RFP) process.Under the contract, Protean will serve as the technology solution provider for the Bima Sugam Marketplace. Its responsibilities will include overseeing the end-to-end development, implementation, platform integration, support, and maintenance of the digital insurance marketplace.The engagement is seen as a continuation of Protean’s involvement in building nati..

Garden Reach Shipbuilders Bags Order for Two Coastal Research Vessels

State-run Garden Reach Shipbuilders & Engineers announced on June 11 that it has signed a contract to build two coastal research vessels (CRVs) for the Geological Survey of India (GSI). Each vessel will measure 64 metres in length and 12 metres in width, with a deadweight tonnage of approximately 450 tonnes. Designed for 15 days of endurance, the CRVs will be capable of achieving a top speed of 10 knots and will accommodate 35 personnel on board.The vessels are intended for offshore geological mapping, mineral exploration including dredging, and ocean environment monitoring and research. T..

Shree Cement banks on pricing strategy to boost FY26 growth

Shree Cement has outlined its strategy for FY26, aiming to enhance profitability through improved pricing rather than focusing on volume growth. The company anticipates only a modest increase in sales volumes, around 2–4 per cent, but expects price hikes of 5–6 per cent to drive overall revenue growth by approximately 9 per cent.The company is confident it can maintain an average EBITDA per tonne of around Rs 1,400 this year, supported by better pricing and stable costs.Although demand dipped slightly in May due to heatwaves and regulatory restrictions in parts of Rajasthan and Punjab, Shr..