Nibe Gets DRDO Tech Licence for Modular Bridging Systems

10 Jun 2025 CW Team

Nibe Limited has signed a licensing agreement with the Defence Research and Development Organisation (DRDO), through its Research & Development Establishment (Engineers) in Pune, for the transfer of technology to manufacture the advanced “Modular Bridging System”. This development marks a key step in strengthening indigenous defence capabilities under the Government of India’s "Make in India" and "Atmanirbhar Bharat" initiatives.

The Modular Bridging System is a sophisticated, mechanically launched mobile bridge engineered by DRDO. Designed to span distances from 14 to 46 metres, it allows rapid deployment to support the movement of tracked and wheeled military vehicles. The system is tailored to meet the operational requirements of the Indian Armed Forces and various government agencies operating in dynamic field conditions.

Under the licensing terms, Nibe Limited will manufacture the system domestically and hold exclusive rights to supply it to Indian defence forces and designated government agencies within the specified licensing regions for a period of 10 years.

The company reaffirmed its commitment to maintaining the highest levels of quality, precision, and compliance in the manufacture of the bridging system, aimed at supporting critical national security infrastructure. This agreement further enhances India’s self-reliance in strategic defence manufacturing.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..