NMDC Energy PJSC, a provider of engineering, procurement, and construction services for offshore and onshore energy clients, has signed a strategic Memorandum of Understanding (MoU) with Al Gharbia, the Abu Dhabi based advanced pipeline manufacturer, to explore ways to accelerate pipe produc
The Government e-Marketplace (GeM) on Monday announced plans for an ambitious procurement target of approximately Rs7 lakh crore for the current fiscal year.
The approval for the acquisitions under emergency powers was granted recently by the Defence Acquisition Council in its meeting attended by top defence ministry and military brass, defence officials told ANI.
Ahmedabad (Gujarat) [India], May 17: Lakshya Powertech Limited has reported a strong financial performance in FY25, with Profit After Tax (PAT) rising by 8.22% year-on-year and revenue from operations increasing by 6.24% to Rs160.10 crore. The company's net worth saw a significant jump of 19
New Delhi [India], May 16: What started as a modest startup in the construction supply chain just three years ago is now making serious waves. Indosup, the B2B procurement platform co-founded by siblings Ashmit and Akshaj Sharma, has closed FY25 with a stunning Rs150 crore in revenue--markin
New Delhi [India], May 12: Headsup B2B, India's fast-growing digital procurement marketplace, has crossed a major milestone by clocking Rs. 100 crore in revenue in FY25, marking an impressive 300% year-on-year growth. The company's lifetime revenue has now surpassed Rs. 150 crore, driven by
Sharing more details on the India-UK FTA, Union Commerce and Industry Minister Piyush Goyal said that UK-based suppliers will be eligible to bid for government tenders only for orders of more than Rs 200 crore.
India should approach the implementation of the Government Procurement (GP) chapter in the recently concluded India-UK Free Trade Agreement (FTA) with extreme caution, according to a report by the Global Trade Research Initiative (GTRI).
New Delhi [India], May 5: B L Kashyap & Sons Ltd. (BSE: 532719 NSE: BLKASHYAP), one of the leading Engineering, Procurement and Construction (EPC) Company has secured a new order worth Rs. 510 crore excl. GST from Fidatocity Homes Private Limited. The company received this order for the
The Very Short Range Air Defence Systems (VSHORADS) are an important part of the air defence protection of the Indian Army, and the new supplies of the Igla-S missiles have been received as part of a contract inked under the emergency procurement powers given by the Centre to the forces.<
India and Angola on Saturday signed MoUs in a range of areas to boost bilateral cooperation with the government also approving the Angolan request of Line of Credit of US$ 200 million for defence procurement.