GlobalLogic enters Saudi Arabia after Katzion acquisition in Australia

Patel Engineering Bags Rs 13.19 Bn Dam Project from CIDCO

Patel Engineering has secured a contract worth Rs 13.19 Bn for the construction of the Kondhane Dam and its associated works from the City and Industrial Development Corporation (CIDCO). Following the announcement, the company’s share price rose 1.67 per cent to Rs 43.73.The project, located in Kondhane village, Karjat Taluka, Raigad district in Maharashtra, is scheduled to be completed within 42 months. Patel Engineering had previously been declared the lowest bidder (L1) for this project.The contract includes civil works for a 1,209-metre-long and 83-metre-high dam, hydro-mechanical and el..

UltraTech Expands Cement Output by 1.4 MTPA

UltraTech Cement Limited has announced the commissioning of additional cement capacity totalling 1.4 Mn T per annum (MTPA) through upgrades at its grinding units in Nagpur, Maharashtra, and Panipat and Jhajjar in Haryana.The company added 0.6 MTPA in Nagpur and 0.4 MTPA each in Panipat and Jhajjar, as part of debottlenecking initiatives. These efforts are aimed at improving operational efficiency and increasing output to meet rising demand.With this expansion, UltraTech’s total grey cement manufacturing capacity in India has reached 184.76 MTPA. Including international operations, which cont..

Centre Approves Puri Airport Project Worth Rs 5.63 Bn

The Ministry of Civil Aviation has granted in-principle approval for the establishment of the Shree Jagannath International Airport in Puri, Odisha. The decision came four days after Chief Minister Mohan Charan Majhi urged the Centre to expedite the project.Civil Aviation Minister Kinjarapu Rammohan Naidu stated that the approval signifies a key milestone for Odisha’s air infrastructure. The proposed greenfield airport will strengthen last-mile connectivity and boost religious tourism. It is also expected to enhance direct air links between Puri and major metropolitan cities across India.Pur..