
Rail, highways, waterways authorities sign logistics pact

PIGL Secures Fifth Udaipur Airport Contract, Total Hits Rs 560.36 Mn
Power & Instrumentation (Gujarat) has secured its fifth work order from Nyati Engineering & Construction for the ongoing development of the Udaipur Air Terminal in Rajasthan. The latest contract, valued at Rs 20.59 million, brings the cumulative order value for this project to Rs 560.36 million.The new scope of work includes the design, supply, installation, testing, and commissioning of ELV raceways and cable tray systems. Scheduled for completion within six months from the contract’s effective date, the project underscores PIGL’s ability to deliver complex electrical infrastructu..

Edelweiss Financial Services Launches Rs 3,000 Million NCD Public Issue
Edelweiss Financial Services (EFSL) has announced a public issue of Secured Redeemable Non-Convertible Debentures (NCDs) with a total issue size of up to Rs 3,000 million. The issue comprises a base size of Rs 1,500 million with a green shoe option of an additional Rs 1,500 million.The NCDs, with a face value of Rs 1,000 each, will be offered in 12 series with tenures of 24, 36, 60, and 120 months. Investors can choose from annual, monthly, or cumulative interest options. The effective annual yield ranges from 9.00 per cent to 10.49 per cent.The public issue will open on Tuesday, 8 July 2025, ..

Ramco Systems Partners with MCA to Drive Payroll Transformation in GCC
Ramco Systems, a global provider of payroll software, has announced that its wholly owned subsidiary, Ramco Systems FZ-LLC, has entered into a strategic partnership with MCA Management Consultants, a leading professional services firm in the GCC region. The partnership aims to help organisations across the Gulf region modernise and optimise their payroll operations.The collaboration will bring together Ramco’s next-generation payroll platform, Ramco Payce, and MCA’s HR advisory and transformation services to deliver comprehensive, locally compliant payroll solutions with a focus on automat..