BMC plans innovative flyover route beneath Mumbai Metro Line 2B

GAIL and OIL Ink 15-Year Gas Sale and Purchase Agreement

GAIL (India) has signed a Gas Sale and Purchase Agreement with Oil India Limited (OIL) for extending the existing Gas Sale and Purchase Agreement for another 15 years, starting from 1st July, 2025. The agreement is to supply up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from OIL’s Bakhri Tibba Block of Rajasthan covering Dandewala, Tanot and Bagi Tibba fields.The agreement was executed by Sumit Kishore, ED (Marketing-Gas), GAIL and  Ranjan Goswami, ED (BD), OIL in New Delhi.This agreement highlights the dedication of both Maharatna CPSEs in production, transportation..

Redington and AWS Sign Strategic Downstream Distribution Deal

Redington has signed a Revenue Acceleration Pilot (REAP) contract with Amazon Web Services (AWS), establishing a "downstream" Strategic Distribution Agreement. This approach allows Redington to extend the benefits it receives from AWS to other partners in its network.The REAP program is designed to help high-potential AWS Partner Network (APN) partners tap into the combined technical expertise and strengths of both AWS and Redington. By leveraging shared resources, funding, and strategic support, the program empowers partners to drive impactful business outcomes for their customers."At Redingt..

Daimler Truck Unveils Strategy to Boost Profitability by 2030

At the Capital Market Day, Daimler Truck presents its evolved Group strategy which is anchored in five strategic pillars to drive higher profitability and increased resilience. Following this strategy, Daimler Truck sets ambitious financial targets for 2030. The Company aims to achieve an adjusted return on sales (adj. ROS) of more than 12 per cent in its Industrial Business (IB). Furthermore, the Group will continue its shareholder-oriented capital allocation strategy and has announced a new up to Euro 2 billion share buyback program over two years, expected to start in the second half of 202..