Avio Smart Market Stack Signs MoU with Tripura for Freeze-Drying Facility to Create 1300 Jobs
Avio Smart Market Stack Limited has signed a Memorandum of Understanding with the Government of Tripura to establish a state-of-the-art freeze-drying facility. The project is designed to strengthen the regional horticulture value chain and generate significant employment in the Northeast.
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.
NPST FY26 Revenue Hits ₹209.4 Cr; Management Guides 70% CAGR Through FY29
Network People Services Technologies Ltd (NPST) reported a robust FY26 performance with total revenue reaching ₹209.4 crore, driven by a 143% year-on-year surge in Q4. The company has announced a strategic shift toward high-margin international SaaS and RegTech opportunities to diversify its domestic UPI-centric business model.
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.