Infosys Finacle gets new client for cloud computing solution

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, […]

Cyient wins UK land digitization contract

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 […]

Indian Army orders more Akash missiles from BDL

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 […]

ArcelorMittal is Infosys’ new client

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 […]

Wipro extends deal with Telefonica/O2 with 5G focus

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 Tech wins digital workspace order from Airbus

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 gets Rs 488 cr solar plant order from Kerala SEB

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 gets mega truck order from MoD

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 […]

NPCIL orders BHEL equipment for local-tech nuclear plants

As part of a plan to double India’s nuclear power capacity by setting up 10 nuclear plants using indigenous technology, a government agency has put in purchase orders for more ‘reactor header assemblies’. The order for the ten reactor header assemblies has been won by public sector unit Bharat Heavy Electricals Ltd. Reactor header assembly […]

L&T Tech wins Rs 750 cr order from US oil & gas giant

L&T Technology Services, a provider of consulting and outsourced services in the engineering field, said it won a $100 million (Rs 750 cr) contract from a major US oil and gas company. L&T Tech will be the US company’s primary engineering partner to support two of their integrated refining and chemicals manufacturing facilities in USA, […]

Indoco Remedies wins big order from Germany for uric acid tablets

Pharmaceuticals manufacturer Indoco Remedies has won a major contract to supply Allopurinol, used to bring down uric acid in the blood, from Germany. The two-year contract will generate around Rs 70 cr per year for the company. “This is Indoco’s first own label product in Europe,” said Managing Director Aditi Kare Panandikar. “Germany is totally […]

Infosys to provide workspace solution to German chemicals maker

As the Coronavirus pandemic tightens its grip over the world, Infosys has announced a long-term contract with a billion dollar Germany chemicals maker to provide a managed workspace solution for its 14,300 employees in 33 countries. “Infosys will setup an end-user centric modern workplace with globally standardized device/workplace landscape (for Office, Functional and Virtual users) […]

Dixon Tech to help ramp up ‘disruptive’ COVID-19 test production

Dixon Technologies, the NOIDA-based contract manufacturer of electronics, said it has entered into a contract with Bangalore-based Molbio Diagnostics to manufacture a disruptive RT-PCR COVID-19 test that can give a major boost to India’s Coronavirus containment efforts. It has entered into a Rs 30 cr deal to manufacture 1,000 Qattros, a viral testing machine that […]

L&T to provide network monitoring for Indian Army

Construction firm Larsen & Toubro said it has won a large deal — worth Rs 2,500-5,000 cr — to create a monitoring and management solution for Indian Army’s pan-India fiber-optic communications network. The network, part of India’s network for spectrum project, was envisioned almost ten years ago as a way for the armed forces to […]

Tata Power gets Rs 1,505 cr solar power project from NTPC

Tata Power said its solar unit has got a Rs 1,505 cr contract to set up a 250 megawatt solar power plant for India’s largest power producer NTPC. The contract, the biggest ever to be received by the company from an external customer, has to be completed in 20 months. With this order, the order […]

Ahmedabad-based PSP Projects to create Kashi Vishvanath corridor

Ahmedabad-based PSP Projects Ltd announced that it has emerged as the lowest bidder for the development of a new corridor from Kashi Vishvanath Mandir in Varanasi to the nearby riverfront known as Lalita and Manikarnika Ghats. The beautification and expansion project will cover an area of around 200 meters by 250 meters, and will cost […]

Dilip Buildcon in line to win Delhi projects worth Rs 826 cr

Dilip Buildcon, which specializes in the construction of roads and bridges, said it has been declared the lowest bidder for projects worth Rs 826 cr from Delhi Metro and the PWD in Delhi. These include part design and construction of an elevated viaduct, an elevated ramp, siding lines, a viaduct to Mukundpur depot and four […]

Airbus India awards outsourcing deal to L&T Technology Services

L&T Technology Services, which provides outsourced engineering services, said it has won a contract from aircraft maker Airbus India to manage their Avionics Software Development, V&V (Validation & Verification) and Data Analytics. The size and duration of the deal have not been disclosed. L&T Technology Services Limited (LTTS) is a listed subsidiary of construction major […]

Bharti Airtel chosen network partner for Faridabad smart city project

Telecomms provider Bharti Airtel today said that it has been chosen as the strategic Network Solution Partner by Faridabad Smart City Limited (FSCL) to help set up a high-capacity network in Delhi’s satellite town of Faridabad. Airtel, which has its global headquarters not far from Faridabad, will provide “a range of connectivity solutions to build […]

Nila Infra gets first contract from Dholera Industrial City

Construction major Nila Infrastructures Limited said it has received a contract to build a public services building for Dholera Industrial City Development Limited (Dholera ICDL) at a cost of Rs 46.21 cr. The building, to be constructed in the Dholera Special Investment Region (Dholera SIR), has to be completed in 545 days, and is the […]