Hindustan Construction Company Limited (HCC) secured a significant railway contract valued at ₹577.89 crore from the Northeast Frontier Railway. The project has been awarded to the HCC-VCCL Joint Venture, in which HCC holds a 65% stake.
The scope of work includes a balance of construction for four critical tunnels — Tunnel No. 9 (600 m), Tunnel No. 11 (350 m), Tunnel No. 13 (400 m), and Tunnel No. 16 (600 m) — along with cut-and-cover works. It also covers earthwork in embankments and cuttings to form the railway alignment, as well as protection and auxiliary works between the Piphema and Zubza sections under the Dimapur–Kohima New BG Line Project.
Savita Oil Technologies Limited (SOTL) has signed a strategic multi-year partnership with Mahindra & Mahindra Limited Farm Equipment Business (Mahindra Tractors), further strengthening a long-standing relationship between the two organizations built on shared values, technological expertise, and service reliability. This development marks a new phase in an association spanning over 25 years between SOTL and the Mahindra Group, reinforcing a shared commitment to reliable product quality, enhanced customer confidence, and long-term value creation for India’s farming and rural mobility ecosystem. With this association, SOTL will be a supplier to all major business divisions of Mahindra & Mahindra across product categories.
AION-Tech Solutions Ltd, formerly Goldstone Technologies Ltd, a publicly listed business intelligence and IT services company, today announced the appointment of Biju Mathews as President and Chief Executive Officer of AION-Tech Solutions. This appointment marks a strategic step toward accelerating organizational-led growth and strengthening long-term value creation.
Aries Agro has inaugurated a manufacturing unit at GIDC Sayakha Industrial Estate, Bharuch, Gujarat. The unit is expected to commence production by the end of March 2026, with an investment of Rs 34.99 crore. The company has an existing capacity of 95,400 taps, with a utilization rate of 76.32%.
The Ministry of Defense has signed a contract with Hindustan Aeronautics Limited (HAL)Transport Aircraft Division, Kanpur, for the acquisition of eight Dornier 228 Aircraft, along with Operational Role Equipment, for the Indian Coast Guard (ICG), at a cost of Rs 2,312 crore under the Buy (Indian) category. The contract was signed in the presence of Defense Secretary Shri Rajesh Kumar Singh in New Delhi on February 12, 2026.
J Kumar Infraprojects informed the exchanges that it has received a Letter of Acceptance worth Rs 615.53 crore from NBCC (India) for the redevelopment of the GPRA Colony at Netaji Nagar, New Delhi.
The Reserve Bank of India has approved the reappointment of Sanjay Agarwal as Managing Director & CEO of AU Small Finance Bank for a period of three years, effective April 19, 2026. Earlier, the Bank’s board had approved the reappointment.
The Government of India has appointed Deepak Gupta as the Chairman and Managing Director of GAIL, effective March 1, 2026. Gupta will hold the position until his superannuation on February 28, 2029, or until further orders, whichever is earlier. Currently, he serves as Director (Projects) at GAIL.
Ceigall India on Thursday said it has secured a new road project from NHAI for the construction of a four-lane highway in Bihar. It has received a Letter of Award (LOA) dated February 11, 2026, was received by its arm Ceigall Infra Projects from the National Highways Authority of India (NHAI) to develop the project under the Hybrid Annuity Mode (HAM), the company said in an exchange filing. The project involves the four-laning of the Sahebganj–Areraj–Bettiah section of NH-139W, with a total length of 78.942 km, comprising Sections 1 (Sahebganj to Areraj, 38.362 km) and 2 (Areraj to Bettiah, 40.580 km).
Published on February 13, 2026