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News
Rail Vikas Nigam closes South Africa subsidiary, appoints cost auditor
6+ hour, 31+ min ago (391+ words) Rail Vikas Nigam Limited closed its South African subsidiary and updated its audit team. The board extended Ravi Rajan & Co. LLP’s internal audit contract until September 30, 2026, and appointed R.M. Bansal & Co. as cost auditor for FY27. These moves align with standard…...
Sasol FY26 metrics exceed guidance on strong production
4+ day, 5+ hour ago (324+ words) Sasol continues to manage exposure to oil price and currency volatility through its group hedging programme. The FY27 oil hedging programme is complete, while the ZAR/USD hedging programme remains underway. Sasol has submitted its Maximum Gas Price application to the…...
CSM Technologies secures World Bank-funded Malawi project worth INR 32.08 million
1+ week, 3+ day ago (232+ words) Could this World Bank-backed win serve as a catalyst for CSM Technologies to secure similar digital procurement contracts in other African nations under the IDEA programme? How might the successful deployment of the Electronic Auctioning Platform influence the future adoption…...
Dalmia Bharat Sugar approves US$132 mn Tanzania sugar project
1+ week, 3+ day ago (456+ words) The project is being executed through Eagle Agrotech Tanzania Limited, a wholly owned subsidiary of Eagle Agrotech Holdings Limited (EAHL). Dalmia Bharat Sugar and Industries Limited holds a 51% stake in EAHL, while the remaining 49% is held by Symphony Global LLC,…...
Cellecor Gadgets appoints Krishan Dhiman as Africa business head
2+ week, 9+ hour ago (269+ words) Cellecor Gadgets Limited has appointed Krishan Dhiman as the International Business Head for its upcoming manufacturing facility in Africa (Liberia). This strategic expansion is designed to enable the company to manufacture, sell, and export products directly from Africa, thereby strengthening…...
GMDC partners with Cambridge to establish AI-powered rare earth observatory
1+ mon, 3+ week ago (136+ words) Gujarat Mineral Development Corporation Limited has partnered with the University of Cambridge to establish India's first AI-powered Rare Earth Supply Chain Observatory. The two-year programme involves an investment of £600,000 to create a real-time intelligence platform tracking the complete rare earth…...
GMDC and Cambridge launch AI-powered rare earth observatory
1+ mon, 3+ week ago (146+ words) Gujarat Mineral Development Corporation Limited partnered with the University of Cambridge to establish an AI-powered Rare Earth Supply Chain Observatory at iCEM. The £600,000 initiative will track the REE value chain in real time to support India's strategic stockpiling and policy…...
Goldiam FY26 PAT rises 45.7% to ₹1705.9M; bonus shares proposed
1+ mon, 4+ week ago (444+ words) Goldiam International Limited reported its highest ever revenue, EBITDA and profit after tax (PAT) for the financial year ended March 31, 2026. Consolidated PAT for FY26 surged 45.7% year-on-year to ₹1705.9 million, while revenue increased 27.5% to ₹10212.3 million. The board has proposed the issuance of bonus…...
Maral Overseas Returns to Profitability in FY26, Approves Solar Energy Stake Acquisition
2+ mon, 2+ week ago (460+ words) The following table summarises the key financial metrics (₹ in lakh): Across its three business segments—Yarn, Fabric, and Garment—the Yarn segment remained the largest revenue contributor. Net revenue from operations for FY26 was ₹98,086.61 lakh after deducting inter-segment revenue of ₹20,500.98 lakh…...
Ashoka Buildcon Secures USD 72.36 Million Angola Power Project Contract
3+ mon, 10+ hour ago (533+ words) Ashoka Buildcon Limited received Letter of Contract Acceptance from Angola's Ministry of Energy and Water for USD 72.36 million electricity sector improvement project. The 24-month contract involves design, supply, installation and commissioning of distribution network rehabilitation for Lot 5 Luanda City 2, marking…...