Rediff.com India Ltd. announced that it has received final approval from the National Payments Corporation of India (NPCI) for its Third-Party Application Provider (TPAP) license, paving the way for the rollout of its digital payments platform, RediffPay. With this approval, the company has commenced Closed User Group (CUG) testing—an essential step before entering the Unified […]
Marking a landmark moment in alumni-led philanthropy, the Class of 2000 of the Indian Institute of Technology Kanpur has announced a pledge of ₹100 crore to their alma mater during their Silver Jubilee Reunion held on campus. This is the highest ever pledge by any batch across all academic institutions in India. The collective commitment […]
Concord Control Systems has secured an order worth Rs. 56.58 crore from Indian Railways through its wholly owned subsidiary, Advanced Rail Controls Private Limited. The order covers the supply, installation and commissioning of locomotive wireless control systems, a safety-critical solution that enhances real-time communication, operational coordination, and control in locomotive operations. The contract further strengthens Concord’s execution pipeline, reinforcing its growing engagement with Indian Railways across multiple safety and control applications With this addition, the company’s order book as on date is Rs. 450+ crore.Commenting on the development, Gaurav Lath, Joint Managing Director of Concord Control Systems Limited, said, “This order strengthens Concord’s position as a leader in India’s railway technology journey. It shows the trust Indian Railways has in our capabilities in railway safety and electronic systems, […]