NBCC Secures Rs 1.31 Bn Township Project in Meghalaya

02 May 2025 CW Team

NBCC (India) Ltd announced on Tuesday, 29 April, that it has secured an order valued at Rs 1.31 billion from the North Eastern Electric Power Corporation Ltd (NEEPCO). Under the contract, NBCC will develop a township on a 21.66-acre land parcel owned by NEEPCO in Umsawli, located in Shillong, Meghalaya.

The order adds to a series of recent project wins for the state-owned construction and infrastructure firm. Last week, NBCC revealed it had received fresh infrastructure contracts worth Rs 646.7 million. These include a Rs 296.5 million assignment for constructing a hostel block at Sewa Bharti’s Vidya Mandir in Mandoli, Delhi; a Rs 180.5 million contract for infrastructure development at NALSAR University of Law, Hyderabad; and Rs 169.7 million worth of development work at Dhamnagar College in Bhadrak, Odisha.

Earlier in April, the company also secured orders worth Rs 1.21 billion, including the construction of a multi-storey court building in Gudivada, Andhra Pradesh (Rs 466.9 million), a 14-court complex in Bhimavaram (Rs 721.7 million), and renovation work at the TEC Building in New Delhi (Rs 20.4 million). In addition, NBCC signed a Memorandum of Understanding (MoU) with RailTel to collaborate on the development of data centre infrastructure.

NBCC shares were trading 0.41 per cent lower at Rs 98.24 on Tuesday at 1:35 PM. Despite the dip, the stock has delivered a 20.4 per cent gain over the past month.

Infrastructure Urban

03 Nov 2025

Wipro to Drive HanesBrands’ GenAI-led IT 2.0 Transformation

Wipro Limited, a leading AI-powered technology services and consulting company, has signed a multi-year strategic agreement with HanesBrands Inc., a global apparel leader, to accelerate its IT 2.0 transformation. Using the Wipro Intelligence™ WINGS platform, the partnership aims to modernise HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach. The collaboration marks a milestone in HanesBrands’ journey to establish a unified, AI-led managed services model. Wipro will deploy its WINGS Operations AI platform—part of the Wipro Intelligence™ suite—to ..

Ramco Named ‘Leader’ in APAC Payroll Matrix for Fourth Year

Global payroll and HR solutions provider Ramco Systems has been recognised as a ‘Leader’ in the Everest Group 2025 Asia-Pacific Multi-Country Payroll (MCP) Solutions PEAK Matrix® Assessment for the fourth consecutive year.This year, Everest Group evaluated 28 MCP service providers based on their market impact, vision, and capabilities. Ramco’s continued leadership stems from its two-decade focus on the Asia-Pacific region, extensive experience in payroll transformation, robust partner ecosystem, and advanced technology capabilities including local language support.Everest Group noted th..

Bondada Engineering Posts 153 per cent Revenue Growth

Bondada Engineering (BEL), a leading solar EPC and infrastructure company, announced strong financial results for the half-year ending September 30, 2025. The company achieved a 153 per cent increase in consolidated revenue and a 151 per cent rise in profit after tax (PAT) compared to the previous period. Consolidated revenue reached Rs 12.16 billion, with an EBITDA of Rs 1.43 billion and PAT of Rs 925 million. The company’s order book stood at Rs 59.9 billion, ensuring continued growth momentum. The Renewable Energy segment contributed 78% (Rs 9.5 billion) to total revenue, followed by T..