Stock Market News: Economy, Policy & Company Updates
EquityTimer summarises official corporate filings and market announcements into short, factual updates you can read in seconds. Every card is drawn directly from primary sources — BSE corporate announcements in India and SEC filings in the US — covering results, dividends, mergers, management changes and regulatory actions. Summaries are checked against the original document before publication, and each card links back to the filing so you can read it in full.
Texmaco Rail wins Rs 27.82 crore order from Hindalco for BTAP rake and brake van
Texmaco Rail & Engineering Ltd disclosed that Hindalco Industries Limited awarded it a domestic order worth Rs 27.82 crores, including taxes, for the supply of one BTAP rake and one brake van for the Aditya Expansion Project. The contract is to be executed within eight months from the purchase order date. The filing was made on 10 September 2026 under Regulation 30 of SEBI LODR.
Dilip Buildcon wins LOI to build LPG pipeline from Paradip to Raipur worth INR 1800 crore
Dilip Buildcon Ltd disclosed it received a Letter of Intent from the Petroleum and Natural Gas Regulatory Board to develop a LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh. The project, to be executed through a wholly‑owned SPV, involves design, finance, construction and 25‑year operation, with EPC work valued at approximately INR 1800.00 crore (excluding GST) over a 36‑month construction period.
Schneider Electric Infrastructure receives GST order demanding IGST and penalty
Schneider Electric Infrastructure Ltd disclosed that the GST Authority issued an order demanding IGST of INR 2,37,99,374 for export services, INR 1,06,37,269 for ineligible input tax credit, INR 3,79,519 for SEZ supplies, and INR 3,63,915 for non‑reversal of credit, plus a penalty of INR 35,18,008 and interest. The company said the order has no material impact on its financials or operations.
Sandur Manganese subsidiary Royal Sandur Metals hit with ₹12 lakh customs penalty
Sandur Manganese & Iron Ores Ltd disclosed that its material subsidiary Royal Sandur Metals Private Limited (formerly Arjas Steel) received a ₹12 lakh penalty under Section 114 of the Customs Act on 8 September 2026 for non‑payment of export duty by an SEZ unit on goods exported between May and November 2022. The company said there is no material financial or operational impact.
Adani Ports awarded 30‑year concession to develop two dry bulk berths at Paradip Port
Adani Ports and Special Economic Zone Ltd disclosed that it received a Letter of Award from Paradip Port Authority to develop and operate two mechanised dry‑bulk berths (CQ‑I and CQ‑II) on a Build‑Operate‑Transfer basis. The concession spans 30 years and will add approximately 18 million metric tonnes of capacity overall to the company’s existing domestic portfolio.
Power Mech Projects Ltd wins ₹970 crore O&M contract for Vedanta’s Sakti thermal plant
Power Mech Projects Ltd disclosed that it has secured an Operations and Maintenance contract from Vedanta Power Limited for its Sakti Thermal Plant in Chhattisgarh. The end‑to‑end contract covers two 600 MW units and is valued at ₹970 crores (₹890 crore basic value plus ₹80 crore for additional services), to be executed within 60 months. The order is from a domestic entity and involves no related‑party transactions.
L&T wins large offshore order from ONGC for Ratna‑I and NLM‑14 projects
L&T Energy Hydrocarbon Offshore secured a large offshore order from ONGC for the additional development of Ratna‑I (ADR I) and NLM‑14 projects off India’s west coast. The EPCIC contract covers three new well‑head platforms, one riser platform, subsea pipelines and cables, and brownfield modifications, and is classified as a “Large” order valued between ₹2,500 and ₹5,000 crore.
Goldiam International receives Rs. 60 crore export orders for lab‑grown diamond jewellery
Goldiam International disclosed it received export orders worth Rs. 60 crore for lab‑grown diamond jewellery, to be fulfilled by Dec 31 2026. The orders are from international USA clients and are classified as international export contracts. The company noted the amount excludes online orders and that the contracts are not related‑party transactions. The filing was made under Regulation 30 of SEBI LODR rules.
GE Vernova T&D India wins Power Grid contract for 6000 MW HVDC terminal
GE Vernova T&D India Limited disclosed that it was awarded the L1 bidder role by Power Grid Corporation of India Limited to design, supply and execute a 6000 MW, ± 800 kV HVDC LCC terminal station (2 × 3000 MW) for evacuating renewable power from Barmer II to South Kalamb. The domestic contract will be executed over multiple years. No related‑party interest was reported.
Container Corp of India wins Rs 89.09 crore order for 12 BLSS wagon rakes
Container Corporation of India Ltd disclosed that it was awarded a domestic contract to supply 12 BLSS wagons with brake vans to the Chief Workshop Manager at Jamalpur Locomotive Workshop, Eastern Railway, Munger, Bihar. The order is valued at Rs 89.09 crores, inclusive of GST, and does not involve related‑party transactions.
Texmaco Rail wins Rs 27.82 crore order from Hindalco for BTAP rake and brake van
Texmaco Rail & Engineering Ltd disclosed that Hindalco Industries Limited awarded it a domestic order worth Rs 27.82 crores, including taxes, for the supply of one BTAP rake and one brake van for the Aditya Expansion Project. The contract is to be executed within eight months from the purchase order date. The filing was made on 10 September 2026 under Regulation 30 of SEBI LODR.
Dilip Buildcon wins LOI to build LPG pipeline from Paradip to Raipur worth INR 1800 crore
Dilip Buildcon Ltd disclosed it received a Letter of Intent from the Petroleum and Natural Gas Regulatory Board to develop a LPG pipeline from Paradip, Odisha to Raipur, Chhattisgarh. The project, to be executed through a wholly‑owned SPV, involves design, finance, construction and 25‑year operation, with EPC work valued at approximately INR 1800.00 crore (excluding GST) over a 36‑month construction period.
Schneider Electric Infrastructure receives GST order demanding IGST and penalty
Schneider Electric Infrastructure Ltd disclosed that the GST Authority issued an order demanding IGST of INR 2,37,99,374 for export services, INR 1,06,37,269 for ineligible input tax credit, INR 3,79,519 for SEZ supplies, and INR 3,63,915 for non‑reversal of credit, plus a penalty of INR 35,18,008 and interest. The company said the order has no material impact on its financials or operations.
Sandur Manganese subsidiary Royal Sandur Metals hit with ₹12 lakh customs penalty
Sandur Manganese & Iron Ores Ltd disclosed that its material subsidiary Royal Sandur Metals Private Limited (formerly Arjas Steel) received a ₹12 lakh penalty under Section 114 of the Customs Act on 8 September 2026 for non‑payment of export duty by an SEZ unit on goods exported between May and November 2022. The company said there is no material financial or operational impact.
Adani Ports awarded 30‑year concession to develop two dry bulk berths at Paradip Port
Adani Ports and Special Economic Zone Ltd disclosed that it received a Letter of Award from Paradip Port Authority to develop and operate two mechanised dry‑bulk berths (CQ‑I and CQ‑II) on a Build‑Operate‑Transfer basis. The concession spans 30 years and will add approximately 18 million metric tonnes of capacity overall to the company’s existing domestic portfolio.
Power Mech Projects Ltd wins ₹970 crore O&M contract for Vedanta’s Sakti thermal plant
Power Mech Projects Ltd disclosed that it has secured an Operations and Maintenance contract from Vedanta Power Limited for its Sakti Thermal Plant in Chhattisgarh. The end‑to‑end contract covers two 600 MW units and is valued at ₹970 crores (₹890 crore basic value plus ₹80 crore for additional services), to be executed within 60 months. The order is from a domestic entity and involves no related‑party transactions.
L&T wins large offshore order from ONGC for Ratna‑I and NLM‑14 projects
L&T Energy Hydrocarbon Offshore secured a large offshore order from ONGC for the additional development of Ratna‑I (ADR I) and NLM‑14 projects off India’s west coast. The EPCIC contract covers three new well‑head platforms, one riser platform, subsea pipelines and cables, and brownfield modifications, and is classified as a “Large” order valued between ₹2,500 and ₹5,000 crore.
Goldiam International receives Rs. 60 crore export orders for lab‑grown diamond jewellery
Goldiam International disclosed it received export orders worth Rs. 60 crore for lab‑grown diamond jewellery, to be fulfilled by Dec 31 2026. The orders are from international USA clients and are classified as international export contracts. The company noted the amount excludes online orders and that the contracts are not related‑party transactions. The filing was made under Regulation 30 of SEBI LODR rules.
GE Vernova T&D India wins Power Grid contract for 6000 MW HVDC terminal
GE Vernova T&D India Limited disclosed that it was awarded the L1 bidder role by Power Grid Corporation of India Limited to design, supply and execute a 6000 MW, ± 800 kV HVDC LCC terminal station (2 × 3000 MW) for evacuating renewable power from Barmer II to South Kalamb. The domestic contract will be executed over multiple years. No related‑party interest was reported.
Container Corp of India wins Rs 89.09 crore order for 12 BLSS wagon rakes
Container Corporation of India Ltd disclosed that it was awarded a domestic contract to supply 12 BLSS wagons with brake vans to the Chief Workshop Manager at Jamalpur Locomotive Workshop, Eastern Railway, Munger, Bihar. The order is valued at Rs 89.09 crores, inclusive of GST, and does not involve related‑party transactions.
WABAG secured repeat medium‑size order from Reliance Industries for Jamnagar ETP
WABAG announced it had won a repeat medium order from Reliance Industries Limited to design, engineer, manufacture, supply, erect and commission an effluent treatment plant at the Dhirubhai Ambani Green Energy Giga Complex in Jamnagar. The plant will use chemical and biological treatment and low‑temperature drying for sludge, and is slated for completion in 13 months.
Texmaco Rail & Engineering secured orders worth Rs 131.36 crore
Texmaco Rail & Engineering Ltd disclosed that it received two orders totaling Rs 131.36 crore. The first order of Rs 24.48 crore was awarded by Transport Corporation of India Limited for manufacture, supply and commissioning of one ACT‑1 wagon with one BVCM wagon. The second order of Rs 106.88 crore was from Touax Texmaco Railcar Leasing for four BFNS22.9 wagons and four BVCM wagons, to be delivered by 26 May 2027.
Rail Vikas Nigam Ltd awarded Rs 903 crore contract for siding work at Buxar Thermal Power Project
Rail Vikas Nigam Limited disclosed that it received a Letter of Award from SJVN Thermal Private Limited for construction of a permanent siding and aerial track connection at the 1320 MW Buxar Thermal Power Project in Bihar. The contract is valued at Rs 903,00,68,492/- and is to be executed within 36 months.
Mazagon Dock Shipbuilders wins INR 117.99 crore order from MSETCL for AI‑based substations
Mazagon Dock Shipbuilders Ltd disclosed that Maharashtra State Electricity Transmission Co. Ltd awarded it a purchase order for supply, installation and commissioning of an AI‑based Comprehensive Infrasecure project for five substations. The contract is valued at INR 117,99,71,564.90 including GST and other duties, with a 24‑month completion period, and is a domestic order under the terms disclosed by the company.