Welspun Enterprises Subsidiary Secures Rs 792.9 Mn Order

31 Mar 2025 CW Team

Welspun Enterprises’ subsidiary, Welspun Michigan Engineers (WMEL), has secured a Rs 792.9 million contract from the Vadodara Municipal Corporation (VMC) for the rehabilitation of a major drainage line in the city's West Zone.

The project will leverage advanced trenchless technology, significantly reducing environmental impact and societal disruptions compared to traditional construction methods. The work is scheduled to be completed within 12 months, excluding delays due to the monsoon.

This contract marks WMEL’s expansion into a new market, reinforcing its strategy to extend its footprint across geographies.

WMEL’s Expertise in Urban Infrastructure WMEL is a leader in urban infrastructure solutions, specialising in: Micro-tunneling Segment tunneling Pipeline rehabilitation

The company has successfully executed large-scale projects across major Indian cities, deploying innovative engineering solutions to enhance urban infrastructure. This latest win further solidifies WMEL’s position as a key player in India’s infrastructure development, aligning with its vision for sustainable and efficient urban growth.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..