Ashoka Buildcon emerges L-1 bidder for railway project of 692.50 cr

17 Feb 2022 CW Team

Ashoka Buildcon Limited has submitted a bid to North Frontier Railway for the project, electrification of railway lines of the sections Rangiya to Murkongselek and emerged as the lowest bidder (L-1) for the railway project, quoted a bid value of Rs 692.50 crore.

These include branch lines of Rangapara North to Dekargaon, Balipara to Bhalukpong, Harmuty to Naharlagun, Sripani to Dhamalgaon, Furkating Junction to Mariani Junction and Tinsukia to Dangri Section, including branch line of Makum Junction to Tirap, Northeast Frontier Railway route kilometre or tonne kilometre of 733.35 or 947.59, respectively on Engineering, Procurement and Construction (EPC) mode in Assam.

The shares of Ashoka Buildcon Limited traded in the Bombay Stock Exchange (BSE) at Rs. 94.25 per unit, compared to the previous close of Rs 96.30 per unit. The company's total number of shares traded during the day was 81,809 in over 1,439 trades.

The stock witnessed an intraday high of Rs 96.10 per unit and an intraday low of 93.55 per unit. Its net turnover during the day was Rs 77,67,104.

Image Source

Also read: Ashoka Buildcon becomes lowest bidder for Rs 829 cr road project

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..