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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
Genesys International bags NMCG contract for Ganga aerial...
2026-05-15 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
The project covers the Ballia-to-Farakka stretch of the Ganga across Uttar Pradesh, Bihar, Jharkhand and West Bengal

The project covers the Ballia-to-Farakka stretch of the Ganga across Uttar Pradesh, Bihar, Jharkhand and West Bengal

Genesys International Corporation Limited has won a contract from the National Mission for Clean Ganga (NMCG), under the Ministry of Jal Shakti, to conduct an aerial LiDAR survey and geotagged videography of the drainage system along the River Ganga. The Mumbai-based geospatial company announced the project on May 14, 2026.

The project covers the Ballia-to-Farakka stretch of the Ganga across Uttar Pradesh, Bihar, Jharkhand and West Bengal. Genesys will deploy a combination of manned aircraft and unmanned aerial vehicles (UAVs) to capture geospatial data along the river corridor and its associated drainage systems.

Floodplain analysis

Deliverables include 3D LiDAR point clouds, orthorectified imagery, photogrammetric data and geotagged aerial video of natural and manmade drains feeding into the river. The company says the resulting dataset is intended to support drainage mapping, pollution hotspot identification, floodplain analysis and wastewater interception planning for river basin management.

Chairman and Managing Director Sajid Malik said the project demonstrated the viability of combining manned aerial systems with drone technology to generate “river intelligence at scale”, adding that the company views this as a growing geospatial vertical with applications across India’s river systems.

The contract adds to Genesys International’s portfolio of government geospatial assignments, which includes digital twin and 3D city modelling projects. The company’s stock closed at ₹208.80 on the NSE on May 15, 2026, down 2.61 per cent on the day, with a total market capitalisation of approximately ₹872 crore. The stock has shed over 50 per cent year-to-date and is down roughly 70 per cent over the past year from its 52-week high of ₹757.50 recorded in May 2025.

Published on May 15, 2026