State-level infrastructure mandates from Maharashtra are now driving revenue and delivery momentum. BSE-listed digital engineering company Ceinsys Tech Ltd. delivered a strong performance for Q1 of FY2026, driven by the execution of major infrastructure and platform-led projects awarded in the previous fiscal. Revenue rose 112 per cent YoY and 10 per cent QoQ, with EBITDA...
Category: ECONOMY & POLICY
Post
Post
ArcelorMittal Reports $1.8 Billion Net Income in Q2 FY2025, Up Threefold
The surge was driven by $0.8 billion in exceptional items, net of impairments and tax effects, alongside margin gains and strategic investments. ArcelorMittal, the worldās leading steel and mining company, posted a robust financial performance for the second quarter of 2025, reporting a threefold increase in net income to $1.8 billion, up from $504 million...
Post
Indiaās MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
The adjustment is expected to streamline compliance and provide greater clarity for bidders participating in government tenders. The Ministry of New & Renewable Energy (MNRE) has amended its guidelines for the Approved List of Models & Manufacturers (ALMM) for solar photovoltaic (PV) cells. Under the revision, the mandate to use domestically listed PV cells will...
Post
REC Achieves ISO 31000 Certification, a First for Indiaās Public Sector NBFCs
With this, REC becomes the first public sector NBFC in India to be certified under ISO 31000, marking a new milestone in institutional risk governance. Government-owned non-banking financial company REC Ltd has received ISO 31000:2018 certification for its enterprise-wide risk management framework. The achievement makes RECāa Maharatna PSUāthe first Indian public sector NBFC to attain...
Post
Offshore Energy Gets Boost as India Reforms Licensing Policy: Puri Tells Rajya Sabha
The Andaman Basin emerges as a key frontier in Indiaās energy exploration, with drilling operations by ONGC and OIL targeting depths of up to 5,000 metres in ultra-deepwater regions. India is witnessing a renewed surge in oil and gas exploration, particularly offshore, revealing vast untapped hydrocarbon potential. In a written reply to a starred question...
Post
GAIL Posts Q1 FY2026 Revenue of ā¹3,479 Billion Amid Sustainability Push
GAIL posts flat Q1 results but leans into future readiness through major capex and sustainability benchmarks. GAIL (India) Ltd reported revenue from operations of ā¹3,479 billion in Q1 FY2026, marking a 3 per cent increase over ā¹3,369 billion in Q1 FY2025. Profit before tax (PBT) declined to ā¹253 billion from ā¹364 billion, while profit after...
Post
Scindia Urges BSNL Circle Chiefs to Adopt CEO Mindset to Drive Services
Heads of high-performing circles have been asked to submit detailed 15-minute case studies for the next quarterly review, showcasing replicable innovations and leadership practices. Union Minister for Communications Jyotiraditya Scindia has urged senior leadership at Bharat Sanchar Nigam Ltd (BSNL) to adopt a chief executive-style mindset and transform their respective circles into high-performance units within...
Post
AM/NS India Leads Nation in Securing CSIR-CRRI License for Steel Slag Roads
Under the agreement, AM/NS Indiaās Hazira plant has been cleared to process around 1.7 million tonnes of steel slag annually for application in road building. ArcelorMittal Nippon Steel India (AM/NS India), the countryās largest privately owned steelmaker, has become the Indian company to receive a license for steel slag valourisation technology from the Central Road...
Post
Indiaās Satcom Boom: Global Firms Bet on Policy Push and Rural Connectivity
As India ramps up policy support, global satellite operators are positioning to meet soaring demand for broadband connectivity. The current enabling policy environment in Indiaās spacetech sectorāparticularly satellite communicationsāis poised to significantly bolster both investments and connectivity, according to one of the countryās leading telecom authorities. Calling the recent Telecom Regulatory Authority of India (TRAI)...
Post
Tata Consulting Engineers Subsidiary Ecofirst Successfully Delivers a Piece of India to Osaka World Expo 2025
The successful execution of the India Pavilion at the Osaka Expo has also earned Ecofirst a āPlatinum Plaque for Sustainable Interiorsā from the Indian Green Building Council (IGBC), the first for a temporary exposition structure in Japan. Prestigious projects exemplifying national pride often transcend mere engineering challenges. In this spirit, Ecofirst Services, a subsidiary of...