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The Latest Breaking News from MEIL

Transformers and Rectifiers shares rally 8% after receiving order worth up to Rs 500 crore from MEIL

Transformers and Rectifiers shares rallied on Monday after the company secured a large order from MEIL for manufacturing transformers and related work. Valued at Rs 100 crore to Rs 500 crore, excluding GST, the order is scheduled for execution over 35 months and is expected to strengthen the company’s order…

The Economic Times

MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 years

Megha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to three years, targeting a Rs 2 lakh crore topline within five years. The conglomerate plans to take subsidiaries like Evey Trans, its electric bus operator, and…

The Economic Times

Met Gala 2026: Indian Billionaire Dazzles In 550-Carat Tanzanite and Rare Diamonds Worth $15M

Hyderabad billionaire Sudha Reddy wore a 550-carat tanzanite necklace worth over $15M to the 2026 Met Gala in a custom Manish Malhotra couture gown.

International Business Times UK

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From Tata and MEIL to Vedanta, corporates dominate BJP’s Rs 6,000 crore donations

The Bharatiya Janata Party, BJP, has become the top recipient of political donations in 2024–2025, collecting more than Rs 6,000 crore. This is 12 times more than what its major rival, the Indian National Congress, received, which stood at Rs 517 crore.

Newslaundry

Agency action, BJP’s share: Here’s why Modi’s claims on electoral bonds don’t add up

If you’ve spent a few minutes on social media this week, you’ll probably know that Prime Minister Narendra Modi came out strongly in support of the controversial electoral bonds scheme. In an interview with ANI, he said it was a “success story”, an “honest and pure” attempt to maintain “transparency”…

Newslaundry

CBI books officials of Megha Engineering and Infrastructure, Steel Ministry on corruption charge

CBI files FIR against Megha Engineering for alleged bribery in electoral bonds, implicating officials from NISP, NMDC, and MECON.

The Hindu

Morning Digest | ED arrests Delhi CM Arvind Kejriwal in excise policy case; electoral bonds full data reveals companies under ED, I-T scanner donated poll bonds to BJP, BRS, Congress, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 22, 2024

The Hindu

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Electoral bonds full data | Vedanta is biggest donor for Congress, Essel Mining for BJD

Electoral bonds data: Congress, the third largest beneficiary, received most of its funding from Vedanta Limited, while Bharat Rashtra Samithi, the fourth on the list, got most of its donations from the Megha Engineering and Infrastructures Limited (MEIL).

The Hindu

Electoral bonds full data | MEIL’s ₹584 crore to BJP is top donation to any party

Santiago Martin’s Future Gaming and Hotel Services PR donated ₹542 crore to the All India Trinamool Congress (AITC) through the electoral bond route

The Hindu

Andhra Pradesh: CWC officials assess flood impact on Polavaram project

Three-member team inspects upper and lower coffer dams, spillway and main dam area

The Hindu

MEIL’s Olectra bags RTC order for 300 EV buses

The order, worth about ₹500 crore, to be delivered within 20 months

The Hindu

Andhra Pradesh: Height of Polavaram upper cofferdam increased by one metre in two days

The Chief Minister had issued instructions to this effect after conducting an aerial inspection of the site

The Hindu

Andhra Pradesh: Polavaram spillway withstands flash floods

It is put to use completely for the first time to discharge 15 lakh cusecs, the highest in the month of July reported since the 1920s

The Hindu

Andhra Pradesh: Polavaram spillway ready for commissioning, announces MEIL

Installation of the last set of hydraulic cylinders completed

The Hindu

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The Hindu

MEIL employee mowed down by car; accused arrested

Hyderabad

The Hindu

Polavaram project construction work resumes as Jaypee group regrets for disrupting sand supply

Work at diaphragm and spillway has resumed with 250 tippers supplying the sand 24x7

The Hindu

Andhra Pradesh: MEIL achieves 4 million safe man-hours at Polavaram hydro project

The Andhra Pradesh State Water Resource Department and Andhra Pradesh Power Generation Corporation (APGENCO) have lauded the Megha Engineering and Infrastructure Limited (MEIL) for executing the ongoing excavation work on the site of the 960 MW of hydroelectric powerhouse as part of the Polavaram project without any untoward incident.

The Hindu

MEIL gives 10 land drilling rigs to ONGC for exploration in KG basin

The rigs can be used for drilling up to a depth of 6,000 metre

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The Times of India

Megha Engineering's Italian arm Drillmec SpA to set up global oil rigs manufacturing hub in Telangana

HYDERABAD: Italian oil and gas rigs manufacturer Drillmec SpA, a subsidiary of Hyderabad-based Megha Engineering & Infrastructures Ltd (MEIL), is investing $200 million (approx Rs 1,500 crore) in setting up a global manufacturing hub at Shahabad on the outskirts of Hyderabad.

The Hindu

More districts in Tamil Nadu to get city gas distribution networks soon

Indian Oil Corporation to cover nine districts through the recently acquired geographical areas

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