CMS Info Systems Ltd has secured a managed services outsourcing contract with HDFC Bank, the largest private sector bank in India. The five-year agreement involves providing integrated ATM managed services that include currency forecasting, logistics, and the implementation of its Vision AI solution, Hawkai.
NBCC (India) Ltd, a prominent public sector enterprise under the Ministry of Housing and Urban Affairs, has been awarded a project management consultancy contract by the Odisha School Education Programme Authority (OSEPA). This contract focuses on the management of 46 schools, amounting to a project value of approximately ₹252.80 crore, excluding GST.
TVS Motor Company, a leading manufacturer of two- and three-wheelers, has launched the high-end variant of its motorcycle, the TVS Ronin, in Sri Lanka. This modern-retro motorcycle is now available in two new colors: Nimbus Grey and Midnight Blue, appealing to riders seeking a combination of technology and lifestyle.
3i Infotech has received approval to establish a wholly-owned subsidiary in Thailand via its current subsidiary, 3i Infotech Holdings in Mauritius.
Zaggle Prepaid Ocean Services has amended its Customer Service Agreement with Honasa Consumer to introduce additional features to the existing Zaggle Zoyer Platform for the latter.
Alkem Laboratories announced that the US FDA conducted an unannounced inspection at its CRO facility in Taloja, Maharashtra, on May 8. The inspection concluded without any Form 483 being issued.
GHV Infra Projects Ltd has obtained a Letter of Intent from Cameroon Tyres Factory Project SA for the Engineering, Procurement and Construction (EPC) of a greenfield tyre manufacturing plant. This facility will have a capacity of 7.6 million tyres annually and is valued at €630 million (around ₹7,000 crore). The project is expected to be completed within 36 months after the Notice to Proceed.
Innovision has received a work order for user fee collection services at Aaini Fee Plaza on the Jarwal to Bahraich Bypass Section of NH-28C in Uttar Pradesh. The order, totaling ₹12.66 crore for one year, also includes maintenance of adjacent toilet blocks.
Texmaco Rail & Engineering reported that Hindalco Industries has placed a ₹27.82 crore order for one BTAP rake and brake van.
JSW Steel Ltd has been designated as the Preferred Bidder by the Government of Goa’s Directorate of Mines and Geology for the Pissurlem Mineral Block. The company offered the highest bid at 118.1% of the Value of mineral dispatched, with projected iron ore resources of 96 million tonnes.
Krishna Institute of Medical Sciences Ltd has signed a lease for 2 acres of land in Amaravati, Andhra Pradesh, from the Andhra Pradesh Capital Region Development Authority (APCRDA) for 60 years. This land will be developed into a 500-bedded multi-specialty hospital, which will provide comprehensive healthcare services in various specialities, meeting a crucial demand in the region.
Exato Technologies has been awarded two export contracts from Diligenta Ltd, located in Peterborough, England, for the implementation of Cognigy Voice AI and associated software licenses. The total value of these contracts is $243,872, exclusive of applicable taxes.
Steelco Gujarat Ltd’s board has approved a significant revision to its Rights Issue terms, aimed at refining the company’s capital-raising strategy. The revised plan seeks to raise around ₹14.90 crore, assuming full subscription, by issuing up to 13.30 crore shares at a price of ₹112 each, with a rights entitlement ratio of 5:1.
Om Freight Forwarders has announced an expansion of its logistics capabilities, reflecting strategic growth through the acquisition of a new warehouse facility in Mauje Sarade, Taluka Uran, Raigad district. This facility adds approximately 198,000 square feet of open and closed warehousing space, with a total investment of about ₹32 crore.
Published on May 11, 2026.
