RVNL Secures Rs.239 Cr Southern Railway Contract

16 May 2024 CW Team

Rail Vikas Nigam Limited (RVNL) has clinched a significant Letter of Award (LoA) from Southern Railway, reaffirming its stature in India's infrastructure development sector. The contract, valued at ?239 crore, underscores RVNL's prowess in executing complex railway projects across the nation. This latest achievement bolsters RVNL's position as a key player in the railway infrastructure landscape, with a track record of delivering high-quality solutions on time and within budget.

The contract encompasses a range of critical activities aimed at enhancing the efficiency and capacity of Southern Railway's network. RVNL's expertise in infrastructure construction, modernisation, and maintenance will be pivotal in realising the objectives set forth by this ambitious project. Key components of the contract include track renewal, signalling system upgrades, and station modernisation efforts, all aimed at improving safety, reliability, and passenger experience.

With a focus on innovation and sustainability, RVNL is poised to leverage advanced technologies and best practices to optimise project outcomes. By adopting a holistic approach to project management and stakeholder engagement, RVNL aims to ensure seamless coordination and effective implementation throughout the project lifecycle.

This latest contract win underscores RVNL's commitment to supporting the growth and modernisation of India's railway network. As the nation strives to enhance connectivity and mobility, RVNL remains steadfast in its mission to deliver world-class infrastructure solutions that propel India towards its socio-economic goals.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..