CMRL, Jakson Sign E&M Deal for Chennai Metro Phase 2 Corridor 4
Puravankara Expands Portfolio With Rs 139 Billion GDV in 9MFY26
Puravankara Limited reported a strong performance in the third quarter of FY26, underpinned by higher pre-sales, improved collections and a series of strategic acquisitions that lifted its growth outlook. During 9MFY26, the Bengaluru-based developer added projects with an estimated gross development value of around Rs 139 billion, strengthening its presence across key residential micro-markets in southern and western India. Pre-sales for Q3FY26 rose 17 per cent year-on-year to Rs 14.14 billion, while customer collections increased 22 per cent to Rs 11.40 billion. The average price realisation..
Oil Discoveries Boost Onshore Block 1 Prospects in Abu Dhabi
Indian Oil Corporation Limited (IOCL), together with Bharat PetroResources Limited, is jointly advancing oil exploration in Abu Dhabi’s Onshore Block 1 following encouraging discoveries in both unconventional and conventional reservoirs. The block is operated through Urja Bharat Pte Limited, a 50:50 special purpose vehicle established by the two Indian companies. UPBL was awarded the Onshore Block 1 concession in early 2019 under Abu Dhabi’s 2019 bid round. In early 2024, the company achieved its first oil discovery in the unconventional Shilaif play at the XN-76 exploratory well. After s..
Firstsource Acquires TeleMedik to Expand US Healthcare Capabilities
Firstsource Solutions Limited has acquired TeleMedik to strengthen its digital healthcare offerings and expand its presence across US payer and provider markets. The acquisition enhances Firstsource’s end-to-end clinical and utilisation management capabilities and deepens its footprint across payer-provider networks. TeleMedik brings advanced clinical platforms and complementary technologies that support health plans seeking more personalised and outcome-focused care. The acquisition also strengthens Firstsource’s integrated and differentiated business process as a service offering for he..

