Afcons Infrastructure has emerged as the successful bidder for a major rail project in Croatia, a landmark step into Europe. The contract, worth over 677 million euros, will see the company reconstruct an existing track and build a second line, with civil works, electrification, and signaling included. Afcons says it is its largest international order to date.
Diageo reported an unexpected sales jump in the latest quarter, driven by strong growth across Africa and Latin America. That momentum helped counter a slowdown in the US market, even as the company continues to face uncertainty from softer consumer spending and shifting demand patterns. Diageo said it is keeping its full-year forecast despite the mixed signals.
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Indian drone maker ideaForge Technology has signed a partnership with Japan’s Digital Media Professionals Inc to develop next generation AI-powered drones. The deal also opens access to Japan’s market, with DMP serving as the go-to partner for ideaForge drone solutions. The collaboration is set to strengthen autonomous flight capabilities for defense and industrial applications.
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