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MEGHA ENGINEERING
Construction giant Megha Engineering's PV Krishna Reddy taps $700 million private credit to buy out uncle's shareWith lenders such as Davidson Kempner involved in structuring the deal, it marks a significant milestone in the expanding influence of priv...- Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
- Evolving nature of digital payment system in IndiaIndia's digital payment landscape is rapidly evolving, prompting policy discussions. Experts convened to address emerging challenges and ne...
- India weighs hybrid annuity model for East-West freight corridorThe East-West Dedicated Freight Corridor may use a Hybrid Annuity Model for development. This financing framework was discussed at a confer...
- MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 yearsMegha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to...
- Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
- US company rejects Indian techie saying it only hires from MIT, Stanford or Ivy League. 6 months later, karma hits the US companyA startup founder rejected a candidate from a Tier 2 college, stating a preference for elite institutions. Six months later, the founder la...
- Megha Engineering gets $225.5 mn contract in KuwaitHyderabad-based Megha Engineering & Infrastructures Ltd (MEIL) has secured a $225.5 million contract from Kuwait Oil Company to build, oper...
- Megha Engineering secures historic contract for India's first private strategic petroleum reserveMegha Engineering & Infrastructures Ltd. has won a Rs 5,700-crore project to build and operate India's first private-sector strategic petro...
- Megha Engineering emerges lowest bidder for Rs 12,800 cr nuclear power projectMegha Engineering & Infrastructures Ltd has been the lowest bidder for a Rs 12,800 crore engineering, procurement and construction (EPC) co...
- Rs 315 cr corruption case: CBI books second-biggest electoral bond buyer Megha Engineering, 8 steel ministry officialsHyderabad-based Megha Engineering & Infrastructures Ltd (MEIL) is one of the biggest electoral bond donors to BJP and BRS, and the second l...
- Prashant Bhushan accuses Centre of favouring cos like Bharti Telecom, Megha Engg after they donated through electoral bondsSenior Advocate Prashant Bhushan accused the central government of favoring companies like Bharti Telecom and Megha Engineering after they ...
- Megha Engineering electoral bond purchases close to bagging contracts for major projectsHyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) has emerged as the second-biggest buyer of electoral bonds worth Rs 966 cro...
- Megha Engineering, the company that spent over ₹1,200 crore on electoral bonds, began life as a small pipe-maker in HyderabadBetween April 2019 and November 2023, Hyderabad-based Megha Engineering & Infrastructures Limited shelled out ₹1,232 crore — some of it dir...
- All about Hyderabad-based Megha Engineering, the second-largest donor to political parties via electoral bondsHyderabad-based Megha Engineering and Infrastructure Ltd (MEIL), initially focused on municipal pipe manufacturing, rose to prominence in i...
- MEIL secures Rs 5,400 cr crude oil refinery project in MongoliaMegha Engineering and Infrastructures Ltd (MEIL) has secured a $648 million work order in Mongolia from Mongol Refinery State Owned LLC. Th...
- iLabs taken to NCLT for reneging on Lanco dealLenders to the defunct Lanco Group have taken Hyderabad-based iLabs Group to court, claiming that the company has refused to part with the ...
- Megha Engineering's first Make in India oil rig begins operationMEIL is the first company in private sector to manufacture and use rigs used in oil and fuel extraction with advanced technology, a company...
- Sole bidder Megha engineering gets Polavaram worksFirm submits bid at Rs 4,359 crore in reverse tendering process.
- TruJet evolves into national carrier, gets nod to fly in 20 more routesThe carrier said it has till now carried more than 10 lakh passengers to their destination with reaching the one million passengers mark on...
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