KEC says Power Grid tender ban won’t hit ongoing contracts
KEC International, the RPG group company, on Wednesday said a decision by Power Grid Corp of India to bar the company from future tenders for nine months will have “no bearing” on the execution of its existing contracts with the state-run transmission utility. The clarification followed a communication from Power Grid citing “alleged transgression of contractual provisions” tied to an earlier matter. The restriction is effective from November 18, 2025.

KEC International tumbles 5% after Power Grid excludes company from new tenders
KEC International plummeted over 5% on Wednesday, November 19, after the company disclosed that Power Grid Corporation of India has excluded it from bidding for fresh work. The action follows a letter dated November 18, 2025, which KEC reported to the exchanges a day earlier.

HG Infra bags Rs 274 crore order from DLF for Gurugram infrastructure project
HG Infra Engineering has secured an order worth Rs 274.11 crore from DLF Cyber City Developers for the development of ‘Infrastructure (Access Road Network) works’. 

Raheja Developers Shillas Low Rise Receives occupancy certificate; Residents to move in
Gurugram: Leading realty player, Raheja Developers, has announced that Raheja Developers Shillas Low Rise Gets OC in Gurugram, marking a major milestone for the project located in Sector 109. With the Occupancy Certificate (OC) now granted, Raheja Developers Shillas possession begins, and the company has initiated the handover process of all units to its customers. Eager customers are now receiving possession, and those affected by the delay are also being duly compensated, reaffirming the developer's commitment to its homebuyers.

Cement sector set for 63% earnings surge in FY26 on low base, cost cuts: Report
New Delhi: India's cement industry is poised for sharp earnings rebound in the Financial Year 2026 (FY26), with sector-wide profit expected to grow over 63 per cent year-on-year, driven largely by a favourable low base and continued cost-reduction efforts across companies, according to a sectoral update by Dolat Capital.

NHAI raises Rs 9,270-cr from TOT round, IRB Infra wins bid
In the first highway monetisation deal in the current financial year, the National Highways Authority of India (NHAI) will raise Rs 9,270 crore, with the letter of award issued to the highest bidder IRB Infrastructure last week for the 333.4 km highway stretch in Uttar Pradesh.

Railways eyes record ₹2.76-trillion allocation for FY27 as govt ramps up modernization plans
New Delhi: Budgetary support for the Indian Railways is poised to hit a new high in 2026-27 as the government prepares an ambitious plan to upgrade the national transporter with faster, modern trains and better safety systems, two people aware of the matter told Mint. Capital expenditure is expected to rise about 12% next year to roughly ₹2.76 trillion, which would be the highest-ever allocation for the Indian Railways, the people said.

Mumbai port: Move to privatise operations is biggest in number of berths
As part of its sustainable business strategy, Mumbai Port Authority (MbPA) will be allowing private players in operation and maintenance of Indira Dock berths for carrying out clean cargo handling operations including marketing, administration and management. ``This is a kind of pioneering and innovative approach by Mumbai to bring and develop sustainable business plans. We have called for Expression of Interest (EoI) to attract the best available trade partners including the top players in the industry,’’ M Angamuthu, Chairperson, Mumbai Port Authority (MbPA), told businessline.