Sobhagya Mercantile Secures ₹260.53 Crore Lift Irrigation Project in Maharashtra
Sobhagya Mercantile Ltd has secured a significant government contract worth ₹260.53 Crore for the construction of the Adyal Lift Irrigation Scheme in Maharashtra. The project will be executed through a joint venture where the company holds a 40% stake, targeting completion within a 33-month timeframe.
Infinity Infoway Ltd Launches AI-Powered ZeroTouch Machine for Commercial Deployment
Infinity Infoway Ltd has announced the operational rollout of its proprietary ZeroTouch Machine, developed under the ZEROTOUCH Device as a Service (DaaS) platform. The product integrates AI-enabled automation and smart identification systems, marking a significant milestone in the company's technology-led growth strategy.
Proventus Agrocom Begins 2,500 Tonne Makhana Processing Facility in Bihar
Proventus Agrocom Limited has officially commenced operations at its new state-of-the-art makhana processing facility in Purnia, Bihar. This unit, operated through its subsidiary ProV Foods, features an annual capacity of 2,500 tonnes and is designed to scale the company's premium healthy snacking portfolio.
Samvardhana Motherson Board to Evaluate Debt Fund Raise on May 20; TTM Revenue ₹1.21L Cr
Samvardhana Motherson International Limited has convened a board meeting on May 20, 2026, to discuss a proposal for raising capital through debt instruments. The company plans to evaluate the issuance of bonds and non-convertible debt securities via private placement to strengthen its financial position alongside reviewing its annual audited results.
Emrock Corporation Secures 24 MW Solar Project; Places ₹104.52 Cr Procurement Order
Emrock Corporation Limited has initiated a 24 MW AC solar power project in Gujarat following a Power Purchase Agreement with UGVCL. The company has concurrently placed a material procurement order worth ₹104.52 crore for Solar PV modules to facilitate the construction across six site locations.
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.