Heranba paid Rs 10,000 each to BSE and NSE for missing the two-day dividend notice rule
8The board said the item was added late but admitted the lapse
8Processes are being tightened to prevent repeats

8Bayer to focus on decorative paints, construction chemicals, and industrial segment
8Plans to grow market share and profits despite cost pressure

8The stainless steel tube maker
8Revenue rose 6% to Rs 97.4 crore
8Profit surged on better margins and higher other income
8The company is expanding capacity and export reach

8Bodal Chemicals releases its Q1 FY26 analyst audio call held on August 12, 2025
8The recording is available on the company’s website

Astral Limited has released the audio recording of its August 12, 2025 earnings call
8The link is available on the company’s website for investor access

8Apollo will be the first Indian tyre maker with a winter and all-season test centre in Ivalo
8Built with UTAC, it will have specialised tracks for snow testing
8Operations start December 2025 for Apollo and Vredestein tyres

8L&T Energy Greentech will set up a 1.8 mtpa plant after its Kandla project
8It plans to expand electrolyser capacity and tap export markets
8The firm is also eyeing fuel cells and round-the-clock green power

India will use surplus rice, expand maize and sorghum, and diversify ethanol sources
8This goal is to cut oil imports
8And also raise farm incomes, and build energy resilience

8US tariffs highlight India’s heavy import reliance
8Experts push for longer field contracts and faster clearances
8GST inclusion and tax breaks could cut dependence and improve energy security

8Rs 75 crore revenue and Rs 148 crore profit shaved off by plant shutdowns
8Fertilizer segment loss has also swelled
8Energy norm revision by Q3 could ease pressure
8Management expects policy changes by Q3
8Hopes for recovery in H2

8Trelleborg will unveil new agri tyres at the 2025 Farm Progress Show
8They promise more load, more grip, and less soil damage
8Efficiency and sustainability stay in focus

8Reliance Industries joined the Emkay Confluence 2025 in Mumbai on August 12
8The company says no price-sensitive information was shared
8The update follows its earlier disclosure on August 7

8High US duties squeeze key sectors
8Diamonds, shrimp, and carpets in the line of fire
8Costs rise, sales dip
8Pressure builds on earning

Bridgestone has unveiled its W920 tyre for year-round heavy-duty use
8U.S. tyre demand is on track for an all-time high in 2025.
8Replacement demand is surging even as OE sales slip

8Fairchem’s FY25 audited financials cleared the AGM with 100% support
8No votes against, no abstentions
8A clean sweep reflecting full investor confidence

OIL india’s G&G consultancy tender narrows field
8A bunch of companies were qualified, another bunch was rejected as PQC barriers remained firmly in place,
ONGC’s EUE tubing TPI contract leaves no room for flexibility: One bidder selected
8Find more
ONGC Crew Boat Tender Eases Age Norm, Slashes Contract Term and Days
8ONGC’s latest amendment widens fleet eligibility by raising the vessel age limit to 16 years but trims the contract’s scope — ending a year earlier and cutting maximum utilisation days by over 250, signalling a tighter operational and budgetary recalibration.
OIL Opens HWO Snubbing Unit Tender to New Entrants with ‘Trials Allowed’ Clause
8OIL’s latest amendment relaxes prior-supply norms for its Hydraulic Workover Unit tender, allowing OEMs to qualify through on-site trials — a rare move in high-spec oilfield gear that could widen competition but raise performance risk.
Performance Security Goes Digital in ONGC’s Nandasan GGS Tender
8RTGS and internet banking now join the list of acceptable formats, potentially slashing mobilization delays.

PNGRB extends Devangonthi–KIA ATF pipeline bid deadline; extra month to woo wider competition
8An extra month has been granted for the Rs.2 crore-bid bond ATF pipeline to Kempegowda International Airport, potentially opening the field to more bidders—but the delay could nudge project commissioning timelines.
HPCL Bareilly pushes pipeline hydrotest tender to Aug 18 — MSME-friendly terms, but cashflow squeeze remains
8HPCL’s siding pipeline hydrotesting tender extension offers low entry barriers with no EMD, but delayed lump-sum payment until all lines are tested could strain smaller contractors. Safety, OISD compliance, and tight restoration timelines remain non-negotiable.
HPCL extends Pathmeda CBG upgrade PMC bid — methane losses, sand-laden feedstock under the scanner
8HPCL has pushed the deadline for hiring a PMC to revamp its flagship Pathmeda CBG plant. The unusually granular scope — from methane purity guarantees to gaushala-level sand control — signals a no-compromise push to protect plant economics and extend asset life.
Xplorer edges out rivals by 2% to clinch NRL’s PPU topography survey
8A razor-thin 2% gap separated L1 and L2 in NRL’s limited tender for the PPU project topography survey, signalling intense competition among regional survey firms while larger bidders stayed far above the winning band.
NRL’s PPU geo-tech tender sees narrow 2.4% L1-L2 gap as security deposit waiver fuels close competition
8Swayin Engineering edged out Gaveshana Geosciences by just 2.4% in Engineers India’s limited bid for NRL’s polypropylene unit site investigation, with the top three bidders packed within a 4.5% band. Waiving the 7% retention money appears to have tightened the pricing race.
Behera wins IOCL Paradip shutdown job at 18% above estimate as competition stays thin
8In IOCL’s NHT-CCR shutdown tender, only two bidders made it to the price stage. Behera Engineering’s L1 quote overshot the internal estimate by nearly 18%, signalling rising cost pressure in refinery shutdown contracts.

8The same three EPC companies find themselves facing each other in this race

ONGC ankleshwar tightens GRP/GRE pipeline maintenance contract
8In a Rs.16.1-crore, three-year GRP/GRE pipeline repair tender, ONGC has stripped MSME/startup relaxations, and enforced strict local content eligibility, even as it trims the PBG amount.
8The shift signals a quality-control push at the cost of a narrower vendor base.
OIL’s slickline tender closes door on MSME relief, tightens vintage norms for four-Year HPHT ops
8Oil India’s Rs.200-crore-plus slickline services bid sets an uncompromising bar: no MSME/startup relaxations, post-2019 equipment only, and full vendor-funded logistics in Assam’s HPHT wells.
8The hybrid GeM-plus-Integrity-Pact structure signals a long-term policy shift to fewer, higher-capability vendors.
8Expect tighter competition – and higher capital lock-in – for the 4-year term.
L1 undercuts ONGC’s pipeline tender by nearly 39%
8Dipangkar Dutta secures the Assam Asset pipeline network replacement job, edging out L2 by just 0.65%, but both far below ONGC’s own estimate — signalling aggressive pricing in a competitive field.
ONGC ahmedabad civil works tender sees Sub-0.1% price gaps — L1 edges out trio of L2s
8In ONGC’s Rs.37.5 crore Ahmedabad Asset civil works contract, four top bids were separated by less than 0.2%, signalling razor-thin margins and an ultra-competitive field.
8With three L2s tying exactly, market watchers see signs of convergent pricing that could define future workover-site tenders.
TSP calibration wins OIL’s PSV AMC at steep undercut; price gap hits 281%
8L1’s aggressive bid at Rs.35.4 lakh beats nearest rival by 20% and outpaces top quote by nearly triple, raising questions over sustainability in a high-spec, logistics-heavy contract.

8OIL’s refusal to relax PQC norms and strict manpower deployment rules narrowed the qualified bidder pool to three, setting up a high-stakes, cost-intensive contest.

8In a high-stakes 7-year contract, Lakshya Powertech outbids HAL Offshore and Assam Air Products with a Rs 49.12 crore offer — over 40% lower than several competitors, signalling both cost ambition and potential execution pressure.

BPCL holds hard line on risk allocation in Kochi sulphuric acid plant licence tender despite global bidder pushback
8Global licensors eye Kochi’s 500 TPD sulphuric acid package, but BPCL’s refusal to soften guarantees, LDs, and payment terms signals a high-bar, client-tilted contract structure — likely narrowing the competitive field.
Petronet LNG pushes back DCS bid deadline for Dahej PDH-PP complex amid NDA and compliance load
8A 21-day bid extension for the Rs.240+ crore DCS package at PLL’s Dahej petrochemical complex points to high compliance barriers and NDA-driven delays — a recurring theme in licensor-bound automation tenders.
IOCL’s Panipat HDPE unit tender slips to September after eight deadline extensions
8The Rs, multi-thousand-crore EPCC-01 LSTK tender for IOCL’s Panipat HDPE unit has seen its bid window pushed from March to September 2025, as bidders wrestle with vendor alignments, steel price fixes, and utility scope clarifications.
IOCL widens bidding window, trims scope in MPPL Old Conversion control & safety systems tender
8Last-minute deadline extensions and scope clarifications ease bidder concerns in IOCL’s Rs.30+ crore Panipat instrumentation & F&G package, but the eight-month execution clock still ticks.
HPCL pushes back hydrogen DE bid date, inserts ±25% variation clause — bidders get more time, but more scope risk
8HPCL’s detailed engineering tender for compressed hydrogen facilities now closes on 12-Aug-2025, giving bidders breathing room. But a fresh Option Clause hands the PSU flexibility to stretch scope or timelines by up to 25%, shifting variation risk squarely onto consultants.

8Seven big-name fabricators skip bidding on BPCL’s high-IP desalter package, narrowing the field to three.

NRL’s RPTU mechanical works tender raises contractor compliance bar with tighter vendor locks, barcode tracking, and high-spec coatings
 8The Numaligarh Refinery Expansion Project’s latest RPTU mechanical tender leans hard on vendor control, traceability, and inspection-heavy execution — a boon for long-term asset reliability but a squeeze on contractor margins.
 IOCL Haldia’s CDU-II shutdown tender tightens PQC, removes MSE EMD relief
 8Indian Oil’s latest Haldia Refinery shutdown package locks in contractors for two years with capped statutory reimbursements, no PQC relaxations, and compulsory EMD — a move likely to limit bidder diversity and shift cost risk to vendors.
 IOCL Haldia ups PQC bar for 2025–26 shutdown insulation works; reverse auction to squeeze margins
 8With higher turnover thresholds, GST-inclusive PQC rules, and a no-advance payment stance, IOCL’s latest Haldia shutdown tender puts the squeeze on insulation and refractory contractors — leaving only the biggest and best-prepared players in the fray.
BPCL Palakkad POL Factory NOC tender shifts approval risk to consultants, waives EMD on GeM
8BPCL’s greenfield POL terminal at Palakkad faces an aggressive three-month Factory NOC deadline, with consultants carrying full delivery risk. The GeM route drops EMD but demands rare Kerala-specific competent person certification.
IOCL shuts door on small O&M players in Lalganj vaporizer overhaul bid with tight PQC, no MSE preference
8A low-value but high-criticality job — overhauling three propane vaporizers — comes with unusually strict PQC and no MSE leeway, signalling IOCL’s push for safety-critical vendor filtration at its Lalganj LPG terminal.

8Jobs have started coming up for the refinery