Puravankara Limited Expands Mumbai Footprint with New Project Miami By Purva
Puravankara Limited has officially launched 'Miami By Purva', a high-end residential development located in South Mumbai. The project received its MAHARERA registration on June 18, 2026, marking a significant geographic expansion for the Bengaluru-headquartered developer into the premium Mumbai City market.
VA Tech Wabag Secures ₹1,410 Crore Mega Desalination Order in Kuwait
VA Tech Wabag has secured a prestigious Design, Build, Operate (DBO) contract for the Doha SWRO Desalination Plant in Kuwait, valued at over USD 150 million. This project, which includes a five-year operation and maintenance phase, represents the company's first major breakthrough in the Kuwaiti water infrastructure market.
Redington Ltd Pivots to Service Orchestration Targeting $5 Billion SSG Revenue by FY28
Redington Ltd is strategically pivoting from traditional hardware distribution to becoming a high-margin service orchestrator through its Software Solutions Group (SSG). The company aims to more than double SSG revenue to $5 billion within three years, supported by a 74% recurring revenue base and a new focus on AI and cloud platforms.
Afcom Holdings FY26 Net Profit Jumps 230% to ₹122 Crore on Strong Revenue Growth
Afcom Holdings Ltd reported a significant surge in profitability and revenue for FY26, driven by higher yields and fleet efficiency. The company is transitioning to a wide-body aircraft strategy to scale operations and has provided a growth guidance of at least 100% for the next fiscal year.
KIMS Launches QIP to Raise Capital; Sets Floor Price at ₹771.73 Per Share
Krishna Institute of Medical Sciences Limited (KIMS) has officially launched a Qualified Institutions Placement (QIP) following board and shareholder approvals. The healthcare provider has established a floor price of ₹771.73 per equity share to attract institutional capital for its next phase of growth.
Vertoz Limited Board Approves Capital Raise via Equity and Debt Instruments
The Board of Directors of Vertoz Limited has approved a proposal to raise capital through various permissible instruments and modes. Currently in an exploratory stage, the fund-raising initiative is subject to necessary statutory, regulatory, and shareholder approvals.
Sona Comstar to Diversify into Robotics with ₹62.6 Crore Capex Investment
The Board of Directors of Sona BLW Precision Forgings has approved a ₹62.6 crore capital expenditure to establish a new business line manufacturing components for advanced robotics. This strategic move aims to diversify the company's revenue streams and leverage its precision engineering expertise beyond the automotive sector.
Bharat Forge Subsidiary KSSL Unveils Simha 4x4 Armoured Vehicle at Eurosatory 2026
Bharat Forge's defense subsidiary, Kalyani Strategic Systems Limited (KSSL), has launched the Simha 4x4, a modular multi-purpose armored vehicle developed in partnership with Paramount. Unveiled at the Eurosatory 2026 exhibition in Paris, the vehicle targets diverse defense requirements across India, Africa, and South Asia.
HEC Infra Projects Secures ₹34.82 Crore Electrical Order from Stellar Manufacturers
HEC Infra Projects Limited has been awarded a significant domestic contract worth ₹34.82 crore for comprehensive electrical engineering services in Mehsana, Gujarat. The project, commissioned by M/S Stellar Manufacturers Private Limited, is scheduled for rapid completion within a four-month timeframe.