Patil Rail Secures Delhi Metro's Silver Line Contract

16 Jan 2024 CW Team

Patil Rail has emerged victorious in securing the track fastening contract for Delhi Metro's Silver Line. The contract, valued at over Rs 500 million, reflects Patil Rail's success in winning a crucial project for the development of infrastructure on the Silver Line of the Delhi Metro.

The contract involves the supply and installation of track fastening systems, a critical component in ensuring the safety and efficiency of the metro rail network. Patil Rail's successful bid highlights the company's expertise and competitiveness in delivering essential infrastructure solutions for major metro projects.

As the Delhi Metro's Silver Line progresses, the role of Patil Rail in providing reliable track fastening systems becomes integral to the overall success and safety of the metro line. The contract win reinforces the company's position as a trusted partner in the development of metro rail networks.

The announcement of Patil Rail clinching this contract underscores the ongoing efforts to enhance and expand Delhi's metro infrastructure. The success of companies like Patil Rail in securing vital contracts contributes to the advancement of metro projects, playing a crucial role in the growth and efficiency of urban transportation systems.

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..