India Inc. delivered a slew of high-impact developments on May 29, 2025, spanning sectors like rail infrastructure, electric vehicles, hospitality tech, solar energy, and financial services. Here’s a round-up of the top corporate stories shaping business momentum and investor sentiment.
Textmaco Rail Secures ₹140.55 Cr Indian Railways Order
Textmaco Rail & Engineering Ltd. (NSE: TEXRAIL) has bagged a ₹140.55 crore order from Indian Railways for supplying 8 multi-purpose flat wagons. Part of the Adventz Group, the company is expected to fulfill the order within six months, boosting FY26 revenue and showcasing its leadership in Make in India rail manufacturing.
🔗 Indian Railways Official Website
ixigo’s ‘Food on Train’ Hits 10K+ Daily Orders
ixigo (NSE: IXIGO), in partnership with Zoop, has surpassed 10,000 daily orders via its Food on Train feature integrated into the ixigo Trains and ConfirmTkt apps. Since its launch in October 2024, over 20 lakh meals have been delivered across 200+ railway stations. The Veg Maharaja Thali and Chicken Biryani emerged as passenger favorites, while the platform saw a record single order worth ₹9,082 at Ahmedabad Junction.
Oberoi Hotels Delivers 28x ROI with RateGain’s AI Ad Campaign
RateGain Travel Technologies (NSE: RATEGAIN) enabled Oberoi Hotels to achieve a staggering 28x return on ad spend (ROAS) through an AI-driven campaign on its BCV platform. The campaign also earned Gold at the 2024 HSMAI Adrian Awards, validating RateGain’s leadership in luxury travel tech marketing.
TVS Motor Launches Jupiter 125 SXC Dual Tone
TVS Motor Company introduced the Jupiter 125 Dual Tone SmartXonnect™ variant, priced at ₹88,942 (ex-showroom Delhi). The model features a 124.8cc engine, digital console, SmartXonnect, and the segment’s largest under-seat storage of 33L. Designed for urban riders, it continues TVS’s “Zyada” (More) philosophy.
Waaree Energies Wins $176M Solar Module Contract in U.S.
India’s Waaree Energies secured a $176 million order via its U.S. subsidiary, Waaree Solar Americas, to supply 586 MW solar modules to a major U.S. developer. The move strengthens Waaree’s global footprint and bolsters India’s renewable energy export profile.
🔗 International Renewable Energy Agency (IRENA)
Netflix Renews ‘The Royals’ Season 2 by Pritish Nandy Communications
Netflix India will soon stream Season 2 of “The Royals”, a hit romantic-drama by Pritish Nandy Communications. The show previously made it to Netflix’s Global Top 10 Non-English TV Shows in 58 countries, reflecting India’s rising prominence in global streaming content.
Advait Energy Transitions Bags ₹49.99 Cr Rural Power Project
Advait Energy Transitions Ltd. has secured a ₹49.99 crore order from Dakshin Gujarat Vij Company Ltd (DGVCL) for a rural electrification project under the Vanbandhu Kalyan Yojana (VKY-2). The turnkey contract covers medium voltage covered conductor systems.
Frontier Springs Gets ₹92.6 Cr Rail Coach Orders
Frontier Springs Ltd. received ₹92.6 crore worth of orders from Rail Coach Factory, Kapurthala, and Modern Coach Factory, Raebareli for supplying air spring assemblies, reaffirming its strong position in India’s rail ecosystem.
Sobha Ltd. Reports 62% Revenue Growth in Q4 FY25
Sobha Ltd. posted consolidated revenue of ₹1,240.6 crore in Q4 FY25, up from ₹762.8 crore YoY. Net profit jumped to ₹40.8 crore, and EPS increased to ₹3.83. A final dividend of ₹3 per share was declared, driven by robust real estate performance.
Ola Electric Delivers 3.6L EVs in FY25, Aims FY26 Profit
Ola Electric saw a 38% YoY jump in gross margins, delivering 3.59 lakh EVs in FY25. With the success of the S1 X and launch of Roadster X, the company is targeting EBITDA profitability in FY26 and expanding via its 4,000+ EV outlets.
Vortex Engineering Wins ₹39.38 Cr PSB ATM Deal
Vortex Engineering, a Vakrangee Ltd. subsidiary, won a ₹39.38 crore order from Punjab & Sind Bank to supply and maintain 600 ATMs with UPS systems over five years. This supports Vortex’s commitment to Make in India and digital financial inclusion.
Firstsource Unveils AI-Powered Gig Workforce Platform
Firstsource Solutions, part of RP-Sanjiv Goenka Group, launched the Firstsource Gigsourcing Platform to transform workforce flexibility. Powered by AI, the platform connects enterprises with global freelancers through automated onboarding, compliance tools, and integrated payments.
Conclusion
India’s corporate sector is buzzing with developments across infrastructure, hospitality, clean energy, and digital innovation. From massive railway and EV contracts to AI-led transformations and record-breaking consumer apps, the outlook for FY26 appears promising. These announcements not only indicate sectoral growth but also highlight India’s evolving role in global commerce.
