GPT Infraprojects, Deep Industries and Wipro to see some action today

GPT Infraprojects (GPT) has bagged the order valued at Rs 547 crore from Rail Vikas Nigam for Construction of Viaduct Portion of Elevated Corridor, ROBs (except steel spans) and Exit/Entry Ramps, SVUP, LVUPs, VUPs, PUPs, construction / reconstruction / widening of Culverts, NHAI Office Building, other miscellaneous works, including electrification & lighting (except design, supply, fabrication & launching of steel bridge spans, RE Wall, road work, diversion, intersections, utility shifting etc), in connection with construction of Six Lane Elevated Kona Expressway from Ch. 0.145 KM to 7.337 KM of NH 117 in the State of West Bengal on EPC mode.

Deep Industries has received a Letter of Award from Oil and Natural Gas Corporation (ONGC), Kakinada for Hiring of DPDU (GDU) for processing gas for 10 months. The total estimated value of the said award is approximately Rs 56 crore.

Wipro has partnered with Zscaler to introduce Wipro Cyber X-Ray, an AI-assisted decision support platform. Wipro Cyber X-Ray empowers enterprise CXOs to make optimized security investment decisions and communicate cyber values to senior leadership and the board. Security business leaders often struggle to access comprehensive risk visibility across their varied cyber projects, and some may have difficulty justifying the spending to sustain cybersecurity programs and ensure continued cyber resilience in this age of constant disruption. 

KEC International has secured orders of Rs 1,002 crore in its Civil business. The company has received orders for residential projects in Northern and Southern India from renowned real estate developers and construction of official residences and associated facilities for senior Defence officials in India.

Tata Motors has received approval for the incorporation of a Wholly Owned Subsidiary (WOS) with the proposed name as ‘TML Commercial Vehicles’ (TMLCVL) or such other name as may be approved by the Ministry of Corporate Affairs, Government of India. TMLCVL is proposed to be incorporated with a paid-up capital of Rs 10,00,000 comprising of 5,00,000 equity shares of face value Rs 2 each fully paid-up in cash. The Board of Directors of the company at its Meeting held on June 4, 2024, has approved the same. 

S H Kelkar & Company’s wholly owned subsidiary -- Keva Europe B.V. has incorporated a Company in Germany as its wholly owned subsidiary (WOS) by name ‘Keva Germany GmbH’ and the same has been registered in the German Trade Register (Chamber of Commerce). The said WOS has been incorporated for setting up a Creative Development Centre (CDC) to service European operations and to provide support to Dubai and Middle East businesses. 

Nuvama Wealth Management has incorporated a wholly owned subsidiary with the name of Nuvama Wealth Management (DIFC) in Dubai on June 4, 2024. Nuvama DIFC is incorporated with the intention of developing and running a financial services company with a license to operate out of the DIFC to provide comprehensive wealth management solutions.