Thermax arm bags Rs 1,600-cr boiler package order

Thermax arm bags Rs 1,600-cr boiler package order


Thermax announced that its wholly owned subsidiary, Thermax Babcock & Wilcox Energy Solutions (TBWES), has secured an order worth approximately Rs 1,600 crore from Anuppur Powerprojects for a thermal power project.

The contract involves design, engineering, manufacturing, supply, supervision of installation and commissioning, and performance guarantee testing of the boiler package for a 100 MW ultra-supercritical thermal power plant in Anuppur district, Madhya Pradesh.

The order has been awarded by a domestic entity and will be executed in line with project milestones and delivery schedules specified in the contract. The company clarified that the promoter and promoter group have no interest in the awarding entity, and the transaction does not fall under related party transactions.

 

Thermax, a leading energy and environment solutions provider, is one of the few companies in the world that offers integrated innovative solutions in the areas of heating, cooling, power, water and waste management, air pollution control, and chemicals. Thermax has manufacturing facilities in India, Europe, and Southeast Asia.

The companys consolidated net profit surged 76.16% to Rs 204.18 crore in Q3 FY26, compared with Rs 115.90 crore in Q3 FY25. Revenue from operations grew 4.19% to Rs 2,634.68 crore in the quarter ended 31 December 2025.

Shares of Thermax declined 1.61% to close at Rs 3,192.35 on 27 March 2026.

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Thermax arm bags Rs 1,600-cr boiler package order

RailTel Corporation bags Rs 444-cr LoI for KSWAN 3.0 project


RailTel Corporation of India announced that it has received a Letter of Intent (LoI) from the Centre for E-Governance for selection as system integrator for the KSWAN 3.0 project.

The order, valued at Rs 444.44 crore (including taxes), pertains to a request for proposal (RFP) for system integration work under the KSWAN 3.0 network. The contract has been awarded by a domestic entity.

The project is scheduled to be executed by 26 March 2031. The company clarified that the promoter, promoter group, and group companies have no interest in the awarding entity, and the contract does not fall under related party transactions.

 

RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways. The companys standalone net profit declined 4.07% to Rs 62.40 crore in Q3 FY26, compared with Rs 65.05 crore in Q3 FY25. However, revenue from operations rose 18.99% YoY to Rs 913.45 crore in Q3 FY26.

Shares of RailTel Corporation of India slipped 3.13% to close at Rs 260.25 on 27 March 2026.

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First Published: Mar 28 2026 | 9:31 AM IST



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Thermax arm bags Rs 1,600-cr boiler package order

OBSC Perfection standalone net profit rises 78.41% in the December 2025 quarter


Sales rise 70.49% to Rs 59.38 crore

Net profit of OBSC Perfection rose 78.41% to Rs 7.85 crore in the quarter ended December 2025 as against Rs 4.40 crore during the previous quarter ended December 2024. Sales rose 70.49% to Rs 59.38 crore in the quarter ended December 2025 as against Rs 34.83 crore during the previous quarter ended December 2024.

ParticularsQuarter EndedDec. 2025Dec. 2024% Var.Sales59.3834.83 70 OPM %19.3320.07 PBDT11.186.01 86 PBT8.694.93 76 NP7.854.40 78

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First Published: Mar 28 2026 | 9:04 AM IST



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Thermax arm bags Rs 1,600-cr boiler package order

Birla Transasia Carpets reports standalone net loss of Rs 0.03 crore in the December 2025 quarter


Reported sales nil

Net loss of Birla Transasia Carpets reported to Rs 0.03 crore in the quarter ended December 2025. There were no net profit/loss reported during the previous quarter ended December 2024. There were no Sales reported in the quarter ended December 2025 and during the previous quarter ended December 2024.

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First Published: Mar 28 2026 | 9:04 AM IST



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Thermax arm bags Rs 1,600-cr boiler package order

Ceigall India arm bags Rs 603-cr NHAI road project


Ceigall India announced that its subsidiary, Ceigall Infra Projects (CIPPL), has secured an order worth Rs 603 crore from the National Highways Authority of India (NHAI) for the construction of a six-lane access-controlled spur road in Punjab.

The project involves development of a 10.3-km stretch from a point on the AmbalaChandigarh section of NH-205A to the Zirakpur Bypass under NH(O) in Punjab. The contract will be executed under the Hybrid Annuity Mode (HAM), the company said.

The project, with a bid value of Rs 603 crore, comprises an 18-month construction phase followed by a 15-year operation and maintenance (O&M) period.

Ramneek Sehgal, Chairman & Managing Director, Ceigall India, said in the statement, “Securing this project reaffirms our position as a trusted partner in India’s highway development and reflects NHAI’s continued trust in Ceigall’s technical capabilities and execution strength. We remain focused on scaling our infrastructure portfolio while consistently delivering high-quality, time-bound projects that improve connectivity and contribute to the nations growth agenda.”

 

Ceigall India is an infrastructure engineering, procurement, and construction (EPC) company engaged in the development of highways, expressways, bridges, flyovers, railway overbridges, tunnels, and runways. The company executes projects under EPC as well as Hybrid Annuity Model (HAM) formats and has a strong track record of timely execution across multiple states in India.

On a consolidated basis, net profit of Ceigall India rose 1.24% to Rs 74.11 crore, while net sales rose 19.34% to Rs 991.14 crore in Q3 December 2025 over Q3 December 2024.

Shares of Ceigall India dropped 2.61% to close at Rs 268.35 on 27 March 2026.

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PowerPlay 2026: Binance Invites India to Celebrate the Cricket Season with ,000,000 in USDT Rewards

PowerPlay 2026: Binance Invites India to Celebrate the Cricket Season with $1,000,000 in USDT Rewards


VMPL

New Delhi [India], March 27: As cricket fever once again captures the hearts of millions across India, Binance, the world’s leading cryptocurrency exchange by trading volume, today announced the launch of PowerPlay 2026 — a special campaign running from 27 March to 31 May 2026, for India KYC-verified users. The campaign enables eligible users to invite friends to join Binance and complete simple tasks, with participants able to share $1,000,000 in USDT token vouchers, subject to campaign terms and reward availability.

“Cricket is a big part of everyday life in India, and PowerPlay 2026 is designed to bring that same community energy into how users explore Binance together,” said S.B. Seker, Head of APAC, Binance.

PowerPlay 2026 includes two activities during the campaign window:

Promotion A – PowerPlay Mystery Ball Challenge (850,000 USDT prize pool)

Running from March 27, 2026, 04:30 (UTC) to May 31, 2026, 23:59 (UTC), Promotion A rewards eligible users when a newly referred friend signs up using the activity referral link, completes KYC, and finishes required tasks, including a first trade totaling $5 or more on eligible Binance products and at least one Binance App login record. Each successful referral unlocks a Mystery Ball reward for both the referrer and the referee, with rewards distributed as USDT token vouchers and subject to per-user caps and first-come, first-served mechanics.

Promotion A also includes a top-referrer leaderboard bonus pool of 50,000 USDT token vouchers for eligible participants who emerge as top referrers while meeting the minimum successful referral thresholds of the ranking tiers respectively during the promotion period, with the top-ranked participant eligible for up to 10,000 USDT in token vouchers, as set out in the activity terms.

Promotion B – PowerPlay Game (150,000 USDT prize pool)

Live on select days between May 10, 2026, 05:00 (UTC) and May 31, 2026, 23:59 (UTC), Promotion B allows eligible users to play a limited-time in-app activity to claim “Power Packs” (Binance Red Packet rewards). Users can also earn additional play attempts by inviting eligible new users on live activity days, subject to caps and reward availability.

Eligible users can find full details, including eligibility criteria, excluded trading pairs, reward caps, distribution timelines, and additional terms, on the campaign announcement page. For full terms, conditions, and details, please visit the official PowerPlay 2026 Announcement Page.

PowerPlay 2026 exemplifies Binance’s approach to connecting India’s passion for cricket with the digital asset space in a safe and responsible way. While the campaign offers an exciting participation opportunity, it also encourages new users to complete KYC verification and engage with Binance’s platform features securely. As India leads the global crypto adoption index, Binance remains committed to promoting safe and responsible adoption by offering comprehensive educational resources through Binance Academy, empowering users to become fully acquainted with digital assets before engaging in the digital asset ecosystem.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance, and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. For more information, see our Terms of Use and Risk Warning.

About Binance:

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 310 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

For all media queries, please contact: binance@adfactorspr.com

(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)

Disclaimer: No Business Standard Journalist was involved in creation of this content

First Published: Mar 28 2026 | 12:20 AM IST



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