DEV Information Technology, LT Foods and KEC International to see some action today

DEV Information Technology has secured a new order from Bhavnagar Municipal Corporation. The order, valued at approximately Rs 84.5 lakh, involves the Annual Maintenance and Development of the Online Property Tax System for the corporation. This project is a testament to DEVIT’s commitment to providing cutting-edge technological solutions for public sector organizations. 

LT Foods has officially entered into Saudi Arabia with the inauguration of a new office in Riyadh, to tap the $ 2 billion rice and rice-based food market in Kingdom of Saudi Arabia (KSA). The move is part of the company’s strategic vision of expanding its global footprint to newer geographies.

KEC International has secured new orders of Rs 1,114 crore across various businesses. The company’s Transmission & Distribution (T&D) business has secured orders for T&D projects in Middle East and Americas which includes 400 kV Transmission line in Oman and Supply of towers, hardware and poles in Americas. The company's civil business has secured orders in the industrial segment in India. The company's railways business has secured an order for Metro Overhead Electrification (OHE) works in the technologically enabled segment in India. Cables business has secured orders for supply of various types of cables in India and overseas.  

Paisalo Digital is planning to raise funds through Appropriate Instruments, subject to such regulatory/statutory approvals, as may be required. A meeting of Committee of the Board of Directors of the Company is scheduled to be held on November 28, 2024 to inter alia consider the same.

Power Grid Corporation of India (POWERGRID) has awarded the consortium of Hitachi Energy India and Bharat Heavy Electricals (BHEL) to design and execute the high voltage direct current (HVDC) link to transmit renewable energy from Khavda in Gujarat to the industrial center of Nagpur in Maharashtra.

Stove kraft has commissioned the newly constructed Cast Iron Foundry on November 25, 2024, at Harohalli factory. The said foundry is built at a cost of Rs 40 crore and is a automated production line capable of producing a wide range of Cast Iron Cookware’s and high-quality cast iron components. The Foundry’s current installed capacity of 2.2 million pieces per annum and has been designed to reach 4.4 million pieces per annual in future. 

Gulf Oil Lubricants India and Piaggio Vehicles (Piaggio India), a 100% subsidiary of the Italian Piaggio Group and India's leading manufacturer of small commercial vehicles, have renewed their strategic partnership agreement to extend collaboration in delivering genuine and co-branded lubricants across Piaggio's commercial vehicle segment. This exclusive partnership, renewed until 2030, underscores both companies' commitment to high-performance, customized lubricant solutions and sets the foundation for further growth across retail, factory-fill, and export markets.