secured two significant contracts in Odisha totalling ₹134.05 crore (excluding GST), bolstering its education infrastructure pipeline. MSCB University Works: Construction, repair, and renovation under PM-USHA at Maharaja Sriram Chandra Bhanja Deo University, Baripada, Mayurbhanj. Client: Maharaja Sriram Chandra Bhanja Deo University. Value: ₹45.87 crore; and Godabarisha Mishra Adarsha Prathamika Vidyalaya Scheme: Civil works implementation. Client: Odisha School Programme Authority, Bhubaneswar. Value: ₹88.18 crore.
(ONGC) signed Joint Venture Agreements and Capital Contribution Agreements with Mitsui O.S.K. Lines Ltd. (MOL), Japan, on 5 January 2026, to subscribe to equity shares in two joint venture entities, namely Bharat Ethane One IFSC Pvt Ltd and Bharat Ethane Two IFSC Pvt Ltd, registered in Gift City, Gandhinagar. The Maharatna will subscribe to 2,00,000 equity shares, of ₹100 per share, in each of the joint venture companies. Upon completion of the equity subscription, ONGC will hold a 50 per cent equity stake in each of the joint venture entities, with the remaining 50 per cent held by Mitsui O.S.K. Lines Ltd., Japan.
State-owned on Monday reported a 37 per cent year-on-year growth in sales to 2.1 million tonnes in December 2025. It had achieved sales of 1.5 million tonnes (MT) in December 2024, the steel maker said in a statement. SAIL said, “this is the best ever showing for the month of December and saw the company scale new peaks across product categories and different sales channels with significant inventory reduction.” The performance was buoyed by maintaining a strong focus on customer deliveries.