B.R. Goyal Gains on Rs 867 Million NHAI Toll Collection Order

16 Jan 2026 CW Team

B.R. Goyal Infrastructure Limited shares rose 1.72 per cent to Rs 118 after the company secured a work order worth Rs 867 million from the National Highways Authority of India for user fee collection on National Highway 76 in Rajasthan.

The order covers fee collection at the Simliya Fee Plaza at km 409.680 and the Fatehpur Fee Plaza at km 461.290 on the Kota–Baran section of NH-76, spanning km 388.263 to km 492.322. In addition to toll operations, the scope of work includes upkeep and maintenance of adjacent toilet blocks, along with replenishment of consumable items.

The contract, awarded by a domestic authority, is to be executed over a period of one year. The company clarified that neither its promoters nor the promoter group has any interest in the awarding authority and that the order does not qualify as a related-party transaction.

B.R. Goyal Infrastructure is engaged in the construction and execution of infrastructure projects, including roads, highways, bridges and buildings across India.

On a full-year basis, the company reported a 15.1 per cent increase in consolidated net profit to Rs 251.8 million in FY25, despite a 13.4 per cent decline in net sales to Rs 5.10 billion, compared with FY24.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..