New Orders Received
🟢 JK Lakshmi Cement has been declared the preferred bidder for the Juipahar Limestone Block (A and B) in Assam, covering 405 hectares.
🟢 VA Tech Wabag bagged a Mega PPP order from CMWSSB for a 45 MLD TTRO plant in Chennai, involving 18 months of refurbishment followed by 18.5 years of operations.
🟢 Enviro Infra Engineers secured a ₹411 Cr sewerage EPC project from Bihar Urban Infrastructure Development Corporation under AMRUT 2.0.
🟢 Aarti Industries secured a USD 150 million medium-term supply contract with a global agrochemical major valid until March 2030.
🟢 Ceigall India emerged as L1 bidder for 4 MoRTH road EPC projects in Arunachal Pradesh with an aggregate bid cost of ₹2,149.62 Cr (74% JV share).
Core Business & Regulatory
🔴 Zomato and Swiggy services have been disrupted in Andhra Pradesh
🟢 TVS Motor launched the TVS Orbiter V1 electric scooter starting at ₹49,999 along with a Battery-As-A-Service model across its EV lineup.
🟢 Zydus Lifesciences launched AI-powered Continuous Glucose Monitoring devices Diasens and GlucoLive developed with TatvaCare.
🔴 Balaji Amines says the Middle East war has disrupted LNG supply causing an ammonia shortage that is impacting operations.
🟢 Wanbury received Brazilian ANVISA approval for Sertraline Form II, strengthening its 75% market share in Brazil.
Economy, IPO & Other
🔴 India’s February inflation rose to 3.21% from 2.75% in January.
🟢 NSE has appointed Morgan Stanley and 19 others for its India IPO.
🟢 BSNL is receiving ₹3.22 lakh Cr worth of government revival packages covering capital infusion, debt restructuring, and viability gap funding for rural telephony.
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