Key Business Updates Across Sectors (Mid-July 2025)

IT & Cloud: • HCL Tech signs a 10-year deal with Dunedin City Council (NZ) for IT modernization and digital services. • Orient Technologies wins a ₹29.86 crore AWS cloud deal, boosting its enterprise cloud services. Oil & Gas: • GAIL signs a 15-year gas supply agreement with Oil India for up to 900,000 SCMD from Rajasthan. Power: • NTPC’s subsidiary commissions a 250 MW unit at Tehri pumped storage project. Total capacity now at 2,747 MW. Cement: • ACC opens a grinding unit at Sindri, Jharkhand with 1.5 MTPA capacity. Total cement capacity hits 104.45 MTPA. Finance: • REC Ltd sets up two new subsidiaries: Umred Power and Sakoli Power Transmission. Both are under REC PDCL. Construction: • RailTel bags ₹17.5 crore order from Chhattisgarh govt for network infra, O&M, and hardware services. Consumer Durables: • Dixon Technologies partners with Signify Innovations (Philips brand) to form a 50:50 JV — to make lighting products in India. Healthcare: • Krsnaa Diagnostics receives a new contract from Rajasthan govt to offer lab services under the Free Diagnostics Scheme. Chemicals: • Fine Organic Industries (via US arm) acquires 159.92 acres in South Carolina, USA for expansion. Plastics: • Supreme Industries gets ₹54 crore order from BPCL to supply 2 lakh 10 kg LPG composite cylinders. Real Estate: • Puravankara selected to redevelop 8 housing societies in Mumbai; project value approx. ₹2,100 crore. Auto Ancillaries: • Varroc Engineering and its US arm VarrocCorp win $66.4 million arbitration award over a lighting business dispute. Shipping (Misc.): • Seamec secures a ₹39.2 crore offshore contract from ONGC. Spider deck work starts Oct 2025, to be completed in 90 days. These updates reflect strong industrial activity, global expansion moves, and strategic partnerships across India Inc.