SAIL selects mjPRO from mjunction for all project buys

05 Jul 2023 CW Team

In order to support its project procurement, SAIL signed a contract with mjunction services limited to roll out its e-procurement platform, mjPRO, across all the five ISPs for their project buys. SAIL has selected mjPRO through an open tender for implementation of an e-tendering solution for its project buys on a digital platform providing easy access to its global vendors to quote.

The contract was signed in Bhilai in presence of Anirban Dasgupta, Director I/c (BSP), RK Srivastava, Actg. ED (Projects), Anurag Upadhyay, CGM (Projects-Commercial), Unmesh Bhardwaj CGM (Projects), and Vinaya Varma, MD, mjunction.

According to Varma, “Through mjPRO, we expect to bring in speed to SAIL Project tenders, connect to vendors globally and efficiently address the challenging task of finalising the project tenders in short cycle times.” mjPRO will also help SAIL to make the necessary decisions leading to finalisation of Purchase Orders for projects much easier, he added.

mjPRO is a Cloud-based platform and comes with wide configurability which ensures that every unique need of users is met; it is secure, scalable, modular and easy to use. It addresses key concerns of organisations such as access to new and credible suppliers, analytics and insights for decision-making, convenience of usage and integration with ERP systems. It can accommodate complex RFQ terms, multiple currencies and diverse evaluation criteria. It also provides access to registered vendors after due validation with procurement analytics and configurable dashboards that provide insights for timely decision making.

The project is expected to go-live within three months across five integrated steel plants of SAIL with connectivity with SAIL’s in-house consultant CET and Corporate Office.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..