Bharat Electronics Ltd, the government of India managed defence electronics manufacturer, said it has entered into a $73 million co-development and manufacturing deal with a US network consultant to manufacture and supply internet-of-things or IoT devices. The companies did not disclose the exact nature of the devices, but said the contract opens the door to […]
Plans to bring out a more improved version of India’s indigenous fighter aircraft, Tejas, have moved a step closer to fruition with the award of a Rs 2,400 cr contract by Hindustan Aeronautics Limited (HAL) to Bharat Electronics Ltd (BEL). The contract has been awarded for the supply of 20 types of airborne electronic systems […]
Ramkrishna Forgings, which recently diversified beyond the automobile market to tide over the uncertainties associated with the sector, has won yet another contract from Indian Railways. The company said it won a contract o supply loco shells, the shell or body of locomotive engines or train engines. The value of the contract was not disclosed. […]
Tata Power Solar Systems, a unit of Tata Power, has received a ₹538 cr engineering and construction order for ground-based solar power generation facilities from public sector energy service company EESL. The various power generation equipment will be constructed at different locations in Maharashtra, and will together have a capacity of 100 MW. The order […]
Tata Consultancy Services, the largest India-based IT services and outsourcing provider, said it has extended its support agreement with India’s largest bank, State Bank of India, by another five years. TCS has been a key supplier of IT and outsourced services to SBI for two decades. As part of the agreement, TCS will continue to […]
IT services provider Aurionpro said it has won a “strategic order” from Haryana State Transport Department — the biggest operator of bus services in the state — to implement an automatic fare collection system on a revenue share basis. The system will be ‘open loop’, which means that it will not issue its own tokens, […]
A week after announcing its a substantial, Rs 1,035 cr contract to build viaducts for Indore Metro Rail, state-owned Rail Vikas Nigam Ltd said it has won yet another contract worth Rs 382 cr from Indore Metro to build seven metro stations. The contract includes the construction of the stations as well as the viaduct […]
Specialty chemicals maker Anupam Rasayan said it has signed a preliminary, Rs 145 cr supply agreement with an existing European customer “which is one of the top ten multinational company across the globe”. The company did not name the client or the molecule to be supplied, but said the specialty chemical is related to life […]
Bharti Airtel, one of India’s largest telecom companies, has selected Tejas Networks, a provider network equipment and services, to expand its fiber network in major cities for 5G and broadband applications, the latter said. “Tejas will supply, install and support its state-of-the-art TJ1600 DWDM/OTN products for extending Airtel’s optical networks towards the edge, supporting 5G […]
Tata Power said it signed a preliminary agreement to set up and supply power from a 250 megawatt solar power plant to Maharashtra state. This is one of the largest, single-site solar projects ever awarded by any agency in India. Typically, solar power plant awards tend to be in the 100 MW range. The new […]
Ramco Systems, a Chennai-based provider of enterprise software, said it won a contract to supply operations management software to Draken International, a key US defence contractor which provides aircraft maintenance and management services to the US Department of Defence. The exact size of the deal was not revealed, but Ramco said the US company will […]
Noida-based IT and outsourcing services provider HCL Technologies (HCL) said it signed a five-year, end-to-end IT transformation services deal with Germany-based chemical firm Wacker Chemie AG. The size of the deal was not disclosed. Wacker CIO Dirk Ramhorst said his firm was looking to replace its current sourcing model with a “long-term Next Generation Managed […]
Infosys Ltd said Philippines-based UnionBank has selected its Finacle banking platform as its software of choice for easing its migration to a cloud architecture. The UnionBank of Philippines, a medium-sized bank with over 3,500 employees, is a traditional Infosys’ customer. Banks are increasingly moving from the traditional IT architecture — under which they buy accounting, […]
Hyderabad-based mid-sized IT outsourcing provider Cyient Ltd said it, along with two partners, has won a contract to support one of UK government’s major land records digitization drives. The three companies will support Her Majesty’s Land Registry, the UK government’s land records bureau, to digitize nearly 26 million titles, accounting for around 87% of the […]
Bharat Dynamics Ltd, the prime production agency under India’s Integrated Guided Missile Development Programme (IGMDP), said it received top-up orders worth Rs 499 cr for the supply of Akash missiles to the Indian Army. Bharat Dynamics Ltd had got a mega contract worth for Rs 14,000 cr for Aakash missiles in March 2018. In September […]
Outsourced services provider Infosys today bagged a major client in the form of ArcelorMittal, the world’s leading steel and mining company. ArcelorMittal is a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City. It was formed in 2006 from the takeover and merger of Arcelor by Indian-owned Mittal Steel and is the world’s largest steel […]
Indian IT services provider Wipro Ltd said it has refreshed its 15-year engagement with Telefonica Germany with a focus on enabling new services in the 5G era. The program “will ensure that Telefónica Germany / O2 is well positioned to modernise and launch a range of new offerings including 5G products and services,” the Indian […]
HCL Technologies (HCL), one of India’s top IT services and outsourcing providers, said it has won a five-year deal to implement a digital workplace solution for the world’s largest aircraft maker Airbus. Financial details of the deal were not disclosed. Airbus is emerging as the biggest aircraft maker in the world after its long-time rival […]
Tata Power said it has won a Rs 488 cr order from Kerala State Electricity Board Ltd to put up a 110 megawatt solar power project in the southern Indian state. The power plant, which has the capacity to produce 110 million watts of electricity, is expected to generate about 274 million units of power […]
BEML Ltd, formerly Bharat Earth Movers, said it received an order worth Rs 758 cr to supply ‘high mobility’ vehicles to the ministry of defence, Government of India. The vehicles would take the shape of armoured fighting vehicles, and trucks for moving troops, ammunition and stores to far-flung, difficult terrains in operational areas, the equipment […]
