UPMRC Starts U-girder Casting for Agra Metro's Second Corridor

Poonawalla Fincorp Launches Commercial Vehicle Financing Division

Poonawalla Fincorp (PFL), a non-banking finance company backed by the Cyrus Poonawalla Group, has introduced its Commercial Vehicle (CV) Secured Loan Business. This new financial offering provides funding for small, light, intermediate, and heavy commercial vehicles from all leading manufacturers, including both new and used vehicle purchases.  Initially, the company will operate in 68 locations across 12 states, with plans to expand to 400 locations across 20 states using a hub-and-spoke model. The loans will be accessible through multiple channels, including direct-to-customer serv..

Hindustan Construction Gains as JV Arm Secures Rs 21.91 Bn Contract

Hindustan Construction Company (HCC) recorded a 3.36 per cent increase in its share price, reaching Rs 23.37, following the announcement of a significant contract secured in collaboration with Tata Projects (TPL). The joint venture has been awarded a Rs 21.91 billion contract by the Madhya Pradesh Metro Rail Corporation (MPMRCL) for the Indore Metro project.  The contract involves the construction of an 8.65 km underground metro corridor, which includes tunnels and stations. Designated as Package IN-05R, this segment is the only underground portion of the 31.32 km Indore Metro Phase-..

Dalmia Bharat Starts Commercial Production at 2.4 MTPA Unit in Assam

Dalmia Bharat announced the commencement of commercial production at its expanded cement grinding facility in Lanka, Hojai district, Assam, on March 15, 2025. The expansion, undertaken by its material subsidiary, Dalmia Cement (North East), has added 2.4 million tonne per annum (MTPA) to the company’s overall cement manufacturing capacity.  With this development, Dalmia Bharat Group’s total cement production capacity has increased from 46.6 MTPA to 49 MTPA. The company's capacity utilisation stands at 60 per cent on a pro-rata basis.  The expansion project, which involv..