RailTel Wins Rs 900.8 Mn ERP Project from Transport Institute

02 May 2025 CW Team

RailTel Corporation of India Ltd has secured a Rs 900.8 million contract from the Institute of Road Transport to implement an Enterprise Resource Planning (ERP) system. The project includes the design, development, supply, implementation, operations and maintenance of the system and is set for completion by 18 October 2026.

The ERP solution will be rolled out across three key transport corporations in Tamil Nadu: Metropolitan Transport Corporation (MTC) Ltd in Chennai, Tamil Nadu State Transport Corporation (TNSTC)-Coimbatore and Tamil Nadu State Transport Corporation (TNSTC)-Madurai. The project has been awarded by a domestic body and does not fall under related party transactions, according to RailTel.

This contract further solidifies RailTel’s growing presence in the digital transformation space, extending its services beyond the railway sector. In March 2025, the company had also won a Rs 251.5 million order from Hindustan Petroleum Corporation Ltd (HPCL), a state-run oil enterprise.

With frequent contract wins, RailTel continues to expand its footprint in the public sector's IT and digital infrastructure development initiatives.

Source:Press Trust of India

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..