Krystal Integrated Services Ltd (KISL) on Wednesday said it had bagged a Rs 370-crore order from the Commissionerate of Social Welfare, Pune, for mechanised housekeeping and outsourced manpower services across a wide network of welfare institutions. The five-year mandate would provide these services across hostels, residential schools, welfare homes, training institutes, and administrative facilities across Maharashtra, the company said. Thousands of students, senior citizens, and vulnerable communities depend on public services for education, care, and shelter, the company said.
Swiggy has once again raised its platform fee, pushing it to ₹15 per order — the third hike in less than a month. The latest increase follows a brief spike to ₹14 on Independence Day before the levy was rolled back to ₹12.
Bharat Heavy Electricals Limited (BHEL), the state-owned engineering and manufacturing giant, has been awarded a significant contract by MB Power (Madhya Pradesh) Limited for supplying critical equipment for the 1×800 MW Anuppur Thermal Power Project. The project will utilise advanced supercritical technology and is located in Anuppur, Madhya Pradesh.
Prestige Estates Projects Limited has informed the exchanges that its subsidiary, Prestige Office Ventures, received a show cause notice from the Directorate General of Goods & Services Tax Intelligence, Hyderabad, alleging non-payment or short-payment of ST and non-reversal of Input Tax Credit for the period from February 2020 to March 2024, amounting to Rs. 160.82 crore. Despite this, the company believes the demand is not sustainable and does not expect any significant impact on its financials or operations.
RailTel Corporation of India has received the work order from the Department of Education, Samagra Shiksha, amounting to Rs. 15.96 crore (Including Tax). The order is for the supply of UPS and printers to 5507 GPS across Himachal Pradesh.
Poly Medicure Ltd (Polymed), India’s leading medical devices company, has announced the acquisition of a 90 per cent stake in Netherlands-based PendraCare Group from Wellinq Holdings BV at an enterprise value of ₹188.5 crore (€18.3 million). The deal, which includes PendraCare Holdings and Wellinq Medical, gives Polymed an immediate foothold in advanced cardiology consumables and access to some of the world’s most regulated markets, including Europe and the US, the medical device-maker said in a statement.
Spinaroo Commercial Limited has been registered as a seller on Amazon (seller ID: A5QSIOYLCT5EL) and is working towards getting registered on other e-commerce and quick commerce platforms. The platform fee is charged over and above delivery charges, GST and restaurant commissions, and is now an important revenue lever for both Swiggy and rival Zomato.
East India Drums and Barrels Manufacturing Limited has successfully executed a contract with the Indian Army, Ministry of Defence, Government of India, for the supply of Steel Drums.