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.
L&T secured major design‑and‑build contracts for Dhaka Metro Line 1
Larsen & Toubro’s Transportation Infrastructure unit announced it had won two major contracts for Bangladesh’s Dhaka Metro Line 1, covering Track Works & Electrical Systems (CP09) and Signalling, Telecommunications & Platform Screen Doors (CP10). The orders, classified as “Major,” were awarded by Dhaka Mass Transit Company Limited and involve design, procurement, installation, testing and commissioning.
RailTel wins Rs 27.38 crore cloud disaster‑recovery order from Cotton Corp
RailTel Corporation of India secured a domestic work order from The Cotton Corporation of India Ltd for dedicated cloud backup‑replication disaster recovery services, valued at Rs. 27,38,05,705 (excluding tax). The contract covers Oracle EBS, e‑Office, BITS, Cotbiz and Kapas Kisan applications and must be executed by 30‑Nov‑31.
VA Tech Wabag wins mega desalination and remineralisation plant order from Reliance Industries
VA Tech Wabag secured a mega order from Reliance Industries to design, engineer, supply, install and commission a desalination plant of 8,400 cubic metres per hour (expandable to 12,600 cubic metres per hour, 302 MLD) and a 3,000 cubic metres per hour remineralisation plant at Jamnagar, Gujarat. The contract includes performance guarantee test run and covers all associated systems.
KEC International wins Rs 2,872 crore T&D orders from PGCIL
KEC International Ltd. announced it secured turnkey orders worth Rs 2,872 crore from Power Grid Corporation of India Ltd. for 765 kV transmission lines to evacuate 8.5 GW of renewable energy in Gujarat. The wins lifted its year‑to‑date order intake to over Rs 13,500 crore, including about Rs 9,500 crore in T&D, and were called the largest‑ever single order in its India T&D business.
RailTel Corp of India secured Rs 20.04 crore order from Munitions India Ltd
RailTel Corporation of India Ltd disclosed that it received a Letter of Intent from Munitions India Limited for a contract to set up a data centre and disaster recovery centre on an IaaS platform for the Q‑Shakti (QA4.0) project. The estimated order size is Rs 20,04,04,809 (including tax), with a contract period of four‑month go‑live plus six years, extendable by three years, and payment terms quarterly with a 5% performance bank guarantee.
Jupiter Life Line Hospitals approved unaudited results, new subsidiary and ₹150 Cr land deal
Jupiter Life Line Hospitals Limited disclosed that its board approved the unaudited financial results for the quarter and half‑year ended September 30 2026. The board also approved the incorporation of a wholly‑owned subsidiary and signed a sale agreement to acquire approximately 11,452.07 sq m of land in Bibvewadi, Pune in the city of for a total consideration of ₹150 Crores.
Waaree Renewable Technologies disclosed revised EPC contracts totaling 800 MWac solar capacity
Waaree Renewable Technologies Limited announced on October 23, 2026 that the scope of its existing EPC contracts for solar PV plants was revised, increasing the aggregate capacity to 800 MWac / 1,109 MWp. The revisions include one contract now for 400 MWac / 552 MWp and another for 400 MWac / 557 MWp, with the projects scheduled for completion in the financial year 2027‑28.
KEC International secured new orders worth Rs. 1,006 crore
KEC International Ltd. announced it secured new orders totaling Rs. 1,006 crore across its businesses. The orders include a 400 kV transmission line project in Oman, supply of towers and hardware in the Americas, a repeat contract to build a multispeciality hospital in Eastern India, and various cable and conductor orders in India and overseas. The wins lifted its year‑to‑date order intake above Rs. 10,600 crore.
Welspun Corp’s US subsidiary secured a ~₹5,500 crore coated line‑pipe order for a US natural‑gas pipeline
Welspun Corp disclosed that its US subsidiary, Welspun Tubular LLC, won a landmark order valued at approximately ₹5,500 crore to supply coated line pipes for a Permian natural‑gas pipeline serving a major data‑centre customer. The contract will be executed from its US facility in FY29 and lifts the company’s global order book to about USD 5.25 billion (~₹50,000 crore).
Petronet LNG signs 50:50 JV term sheet with Gruner Renewable for 10 CBG plants
Petronet LNG Limited signed a binding term sheet with Gruner Renewable Energy Private Limited to form a 50:50 joint venture for compressed bio‑gas (CBG) projects. The JV will set up ten CBG plants of 18 MT per day each across India, with an estimated capital outlay of Rs. 1,200 crore. No shareholding or related‑party relationship was disclosed clearly.
L&T secured major design‑and‑build contracts for Dhaka Metro Line 1
Larsen & Toubro’s Transportation Infrastructure unit announced it had won two major contracts for Bangladesh’s Dhaka Metro Line 1, covering Track Works & Electrical Systems (CP09) and Signalling, Telecommunications & Platform Screen Doors (CP10). The orders, classified as “Major,” were awarded by Dhaka Mass Transit Company Limited and involve design, procurement, installation, testing and commissioning.
RailTel wins Rs 27.38 crore cloud disaster‑recovery order from Cotton Corp
RailTel Corporation of India secured a domestic work order from The Cotton Corporation of India Ltd for dedicated cloud backup‑replication disaster recovery services, valued at Rs. 27,38,05,705 (excluding tax). The contract covers Oracle EBS, e‑Office, BITS, Cotbiz and Kapas Kisan applications and must be executed by 30‑Nov‑31.
VA Tech Wabag wins mega desalination and remineralisation plant order from Reliance Industries
VA Tech Wabag secured a mega order from Reliance Industries to design, engineer, supply, install and commission a desalination plant of 8,400 cubic metres per hour (expandable to 12,600 cubic metres per hour, 302 MLD) and a 3,000 cubic metres per hour remineralisation plant at Jamnagar, Gujarat. The contract includes performance guarantee test run and covers all associated systems.
KEC International wins Rs 2,872 crore T&D orders from PGCIL
KEC International Ltd. announced it secured turnkey orders worth Rs 2,872 crore from Power Grid Corporation of India Ltd. for 765 kV transmission lines to evacuate 8.5 GW of renewable energy in Gujarat. The wins lifted its year‑to‑date order intake to over Rs 13,500 crore, including about Rs 9,500 crore in T&D, and were called the largest‑ever single order in its India T&D business.
RailTel Corp of India secured Rs 20.04 crore order from Munitions India Ltd
RailTel Corporation of India Ltd disclosed that it received a Letter of Intent from Munitions India Limited for a contract to set up a data centre and disaster recovery centre on an IaaS platform for the Q‑Shakti (QA4.0) project. The estimated order size is Rs 20,04,04,809 (including tax), with a contract period of four‑month go‑live plus six years, extendable by three years, and payment terms quarterly with a 5% performance bank guarantee.
Jupiter Life Line Hospitals approved unaudited results, new subsidiary and ₹150 Cr land deal
Jupiter Life Line Hospitals Limited disclosed that its board approved the unaudited financial results for the quarter and half‑year ended September 30 2026. The board also approved the incorporation of a wholly‑owned subsidiary and signed a sale agreement to acquire approximately 11,452.07 sq m of land in Bibvewadi, Pune in the city of for a total consideration of ₹150 Crores.
Waaree Renewable Technologies disclosed revised EPC contracts totaling 800 MWac solar capacity
Waaree Renewable Technologies Limited announced on October 23, 2026 that the scope of its existing EPC contracts for solar PV plants was revised, increasing the aggregate capacity to 800 MWac / 1,109 MWp. The revisions include one contract now for 400 MWac / 552 MWp and another for 400 MWac / 557 MWp, with the projects scheduled for completion in the financial year 2027‑28.
KEC International secured new orders worth Rs. 1,006 crore
KEC International Ltd. announced it secured new orders totaling Rs. 1,006 crore across its businesses. The orders include a 400 kV transmission line project in Oman, supply of towers and hardware in the Americas, a repeat contract to build a multispeciality hospital in Eastern India, and various cable and conductor orders in India and overseas. The wins lifted its year‑to‑date order intake above Rs. 10,600 crore.
Welspun Corp’s US subsidiary secured a ~₹5,500 crore coated line‑pipe order for a US natural‑gas pipeline
Welspun Corp disclosed that its US subsidiary, Welspun Tubular LLC, won a landmark order valued at approximately ₹5,500 crore to supply coated line pipes for a Permian natural‑gas pipeline serving a major data‑centre customer. The contract will be executed from its US facility in FY29 and lifts the company’s global order book to about USD 5.25 billion (~₹50,000 crore).
Petronet LNG signs 50:50 JV term sheet with Gruner Renewable for 10 CBG plants
Petronet LNG Limited signed a binding term sheet with Gruner Renewable Energy Private Limited to form a 50:50 joint venture for compressed bio‑gas (CBG) projects. The JV will set up ten CBG plants of 18 MT per day each across India, with an estimated capital outlay of Rs. 1,200 crore. No shareholding or related‑party relationship was disclosed clearly.
Refex Industries won slab‑wise ash transport contract worth Rs 31,13,05,500
Refex Industries Limited disclosed that it was awarded a slab‑wise rate contract for ash transportation to road construction sites of NHAI and other central or state government authorities. The contract, awarded by a domestic entity in Maharashtra, has a cumulative maximum award value of Rs 31,13,05,500 (incl. GST) and is valid for one year, extendable by six months.
Refex Industries won Rs 31.44 crore ash‑transport contract from Maharatna PSU
Refex Industries Limited disclosed that it was awarded a slab‑wise rate contract for ash transportation to road construction sites of NHAI and other central or state government projects. The contract was issued by a Maharatna public sector undertaking under the Ministry of Power and has a cumulative maximum award value of Rs 31,44,50,000 inclusive of GST, valid for one year with a possible six‑month extension.
L&T wins large government contracts for Delhi secretariat and Andhra Pradesh office towers
L&T’s Public Spaces, Airports & Health unit won two large government contracts in Delhi and Andhra Pradesh. The Delhi contract is for the Common Central Secretariat buildings 4 and 5, 32.8 lakh sq ft, to be completed in 24 months with a five‑year O&M period; the Andhra Pradesh contract is for two 47‑floor office towers totaling 37.5 lakh sq ft, with a 30‑month schedule.
Kalpataru Projects International secured new orders worth ₹2,349 crore
Kalpataru Projects International Limited announced it had won new EPC orders totaling approximately ₹2,349 crore for power transmission & distribution and buildings & factories projects in India. The company said year‑to‑date order inflows for FY27 have now crossed ₹22,000 crore, reinforcing its market position. In FY2026 the firm reported revenue of ₹27,143 crore globally and internationally across more than 30 countries and 250 projects under execution.
RailTel Corp of India secured Rs 47.4 crore LAN contract from Haryana State Electronics Development Corp
RailTel Corporation of India Ltd disclosed that it received a Letter of Acceptance from Haryana State Electronics Development Corporation Limited for a rate contract to provide Structured LAN services at various locations in Haryana, Chandigarh and Delhi NCR on behalf of state government departments. The estimated size of the order is Rs 47,40,00,000 (including tax) and is to be executed by 18‑Apr‑2028.
Power Mech Projects Limited secured ₹327.35 Crore O&M contract from Vedanta Aluminium
Power Mech Projects Limited disclosed that it has been awarded a domestic order by Vedanta Aluminium Metal Limited for end‑to‑end operation and maintenance of 130 MW (2 × 50 MW, 1 × 30 MW) and O&M of 90 MW balance‑of‑plant at a coal‑fired co‑generation plant in Odisha. The contract, valued at ₹327.35 Crores (excl. GST), spans 48 months and involves no related‑party or promoter interest.
Jupiter Life Line Hospitals signs Rs.500 cr hypothecation loan with HDFC Bank
Jupiter Life Line Hospitals Limited disclosed that it entered into a hypothecation agreement with HDFC Bank Limited on October 18, 2026, to finance capital expenditure. The term loan amounts to Rs.500 crore, including a sub‑limit of Rs.300 crore for a letter‑of‑credit facility, secured by charges on its Dombivli, Pune Baner and other hospital properties and current assets.
Larsen & Toubro wins LNTP for New Tashkent International Airport ultra‑mega project
Larsen & Toubro’s Public Spaces, Airports & Health unit received a Limited Notice to Proceed for the New Tashkent International Airport in Uzbekistan. The LNTP follows an EPC contract to build the passenger terminal and landside infrastructure serving about 17 million passengers annually. The order is classified as ultra‑mega, a significant project valued at over ₹15,000 Cr.
RailTel secures Rs 1,67,52,00,000 domestic order from Railway Recruitment Board Secunderabad
RailTel Corporation of India Ltd received a Letter of Acceptance from Railway Recruitment Board Secunderabad for AM‑RMS services. The domestic order, valued at Rs. 1,67,52,00,000/- (excluding tax), covers pre‑exam and post‑exam recruitment stages across various CENs and is to be executed by 15‑Oct‑2031. The LoA was received on 16‑Oct‑2026 at 16:26 as disclosed in the filing by the company.
Refex Industries won a Rs 32,44,50,000 rate contract to transport ash for a Maharatna PSU
Refex Industries Limited disclosed that it was awarded a rate contract by a Maharatna public sector undertaking under the Ministry of Power for the excavation, loading, transportation and unloading of ash from dykes. The contract has a cumulative maximum award value of Rs 32,44,50,000, inclusive of GST, and is valid for one year, extendable by six months. No related‑party interest was reported.