infrastructure development – newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra

MECON Awarded Miniratna Category-I Status by Government of India

Newsmantra — Wed, 01 Jul 2026 05:57:48 +0000

NEW DELHI: MECON Limited has been granted Miniratna Category-I status by the Government of India, recognizing its strong financial performance, operational excellence, and significant contribution to the country’s infrastructure and industrial development. The prestigious status places MECON among a select group of Central Public Sector Enterprises (CPSEs) with enhanced financial and operational autonomy, enabling faster decision-making and greater business flexibility. The company described the recognition as a testament to the dedication of its employees, stakeholders, and partners, reaffirming its commitment to innovation, engineering excellence, and supporting India’s nation-building and infrastructure growth.

BPCL, Shell Gas and Tiki Tar Form JV to Expand Value-Added Bitumen Business

Newsmantra — Tue, 30 Jun 2026 09:40:07 +0000

Bharat Petroleum Corporation Limited (BPCL) has entered into a strategic joint venture with Shell Gas B.V. and Tiki Tar Industries (Baroda) Limited to strengthen its value-added bitumen portfolio and support India’s expanding infrastructure sector. The agreement was signed in the presence of BPCL Chairman and Managing Director Sanjay Khanna, Director (Marketing) Subhankar Sen, Shell Aviation President and TTSIPL Chairman Raman Ojha, and Tiki Tar Industries’ Rajendra Shah. The Joint Venture Agreement was signed on behalf of BPCL by Executive Director (Corporate Affairs) Debashis Naik. The partnership will combine BPCL’s extensive market presence, Shell’s global technology expertise and Tiki Tar’s manufacturing capabilities to develop advanced bitumen solutions for highways, airports and other infrastructure projects, while promoting next-generation road construction technologies, innovation and sustainable infrastructure development across the country.

RVNL CMD Saleem Ahmad Given Additional Charge of IRCON

Newsmantra — Thu, 25 Jun 2026 06:19:57 +0000

NEW DELHI: Shri Saleem Ahmad, Chairman and Managing Director (CMD) of Rail Vikas Nigam Limited (RVNL), has been entrusted with the additional charge of Chairman and Managing Director (CMD) of IRCON International Limited (IRCON) for a period of one year with effect from July 1, 2026. The appointment comes as IRCON continues to execute major rail, transport and infrastructure projects across India and overseas.

A seasoned railway professional with extensive experience in project execution, infrastructure development and public sector leadership, Ahmad is expected to provide continuity in leadership while supporting IRCON’s growth and strategic priorities. The move reflects the government’s continued emphasis on strengthening leadership across key public sector enterprises that are playing a critical role in India’s infrastructure modernisation and connectivity initiatives.