Nitco Ltd Secures ₹66.65 Crore Marble Supply Order from Prestige Estates
Nitco Limited has secured a fresh purchase order for marble supply valued at ₹66.65 crore from Prestige Estates Projects Limited. This project addition brings the cumulative order value from this developer to approximately ₹347.09 crore, with execution planned over the next twelve months.
Crompton Greaves Launches B22 Lamp Holders for Domestic B2C Lighting Market
Crompton Greaves Consumer Electricals has introduced new B22 Lamp holders in both round and angular designs to strengthen its domestic B2C lighting portfolio. The launch was disclosed to stock exchanges as a voluntary measure of good corporate governance, despite not reaching the formal threshold of materiality.
Amagi Media Labs Unveils Major CLOUDPORT Upgrade with 99.999% Broadcast Resiliency
Amagi Media Labs has introduced a comprehensive platform upgrade to its flagship Amagi CLOUDPORT, marking its largest technical advancement to date. The update introduces proactive AI-driven monitoring and ultra-low-latency workflows designed to scale broadcast operations to over 100 concurrent feeds with mission-critical reliability.
GE Power India FY26 Results: Revenue Climbs 21% to ₹1,269 Cr as Dividends Resume
GE Power India Limited reported a strategic turnaround in FY26, with revenue growing 21% year-on-year to ₹1,269 crore. The company benefited from a pivot toward high-margin core services and the resolution of legacy settlements, leading to the resumption of dividends after four years.
Alfa Transformers Bags ₹8.15 Cr Order from Tata Power Joint Venture TPWODL
Alfa Transformers Limited has secured a domestic supply contract worth ₹8.15 crore from TP Western Odisha Distribution Limited (TPWODL). The project involves the manufacturing and delivery of various capacity distribution transformers over a two-year period, ending in May 2028.
Vishnu Chemicals Resumes Full Production at Visakhapatnam Plant; TTM Revenue at ₹1,552 Cr
Vishnu Chemicals has announced the successful completion of maintenance activities at its Parwada facility in Visakhapatnam, Andhra Pradesh. The plant has returned to full operational capacity as of May 12, 2026, following a planned shutdown period that commenced in mid-April. This resumption ensures normalized supply for the specialty chemical manufacturer key product lines.
SBI Board Approves $2 Billion Foreign Currency Fund-Raising Plan for FY 2026-27
The Executive Committee of the Central Board of State Bank of India has approved a proposal to raise up to US$ 2 billion in long-term capital during the 2026-27 financial year. This fund-raising initiative, to be executed in single or multiple tranches, is designed to bolster the bank's capital position through international debt markets.
Methodhub Software Launches QuantumHire AI Recruitment Platform for Global Enterprises
Methodhub Software Limited has introduced QuantumHire, a proprietary AI-driven platform designed to automate and optimize the full-time hiring lifecycle for large-scale organizations. The platform addresses recruitment inefficiencies by integrating automated workflows from job description creation to candidate fit assessment.
Conart Engineers Secures ₹49 Crore Infrastructure Order from Hindalco Industries
Conart Engineers Limited has been awarded a ₹49 crore work order from Hindalco Industries for civil works at Savli, Gujarat. This contract, representing a significant portion of the company's annual revenue, will be executed in two distinct phases.