has been awarded a work order by the Indian Army (Ministry of Defence) for the supply of 500 (QTY) Sub Tactical Very Short Range Drones. The project is expected to contribute positively to the company’s growth and reputation in the defence sector.
The Competition Commission of India has approved proposed ₹19,500-crore acquisition of JB Chemicals and Pharmaceuticals, subject to certain voluntary modifications.
Fusion Finance has received a Certificate of Registration from the Insurance Regulatory and Development Authority of India, allowing it to operate as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938. This approval enables the company to solicit insurance products to its customers, potentially broadening its service offerings and strengthening its position in the financial services market.
has incorporated a wholly-owned subsidiary, Sealuxe B.V., in the Netherlands on October 20, with a share subscription at par value of 10 euros per share. This marks Avanti Feeds’ strategic entry in the European seafood market. While Sealuxe B.V. has not yet commenced operations, this move signifies Avanti Feeds’ commitment to international growth and diversification in the seafood industry, it said in a notice to the stock exchanges.
has entered into a joint venture agreement with C&Y Group Investments, Inc. to establish a recycling and manufacturing facility in Ahmedabad, Gujarat. Jain Resource will hold 52 per cent stake in the joint venture that will focus on recycling cables, motors, and metal components. The initial paid-up capital is set at ₹10 crore, with potential to increase to ₹60 crore. C&Y Group, a major North American scrap metal exporter, will supply guaranteed annual quantities of scrap materials. The joint venture will be incorporated as a private limited company in India, becoming a subsidiary of Jain Resource Recycling.
EPC company, an NSE-SME listed company, has secured two new work orders, taking its order book to ₹1,221.98 crore. In a statement, the company said it has bagged two new private projects totalling around ₹60 crore.
promoters and promoter group, including Narayana Murthy, Sudha Murty, Nandan Nilekani, among others, have decided not to participate in the company’s ₹18,000-crore share buyback, according to a regulatory filing on Wednesday. The promoters collectively hold 13.05 per cent of the company’s equity as on the buyback announcement date. Infosys plans to buyback via the tender route shares worth ₹18,000 crore in the fifth such offer by the company. The IT major has fixed the buyback price at ₹1,800 a share. The company is yet to announce the record date for the Infosys buyback.
Coastal Biotech Pvt Ltd, subsidiary of , has secured an ethanol supply order of 56,521 Kiloliters under the Ethanol Blended Petrol Programme for 2025-26. The orders, worth ₹361.73 crore (excluding GST), have been received from two sources: 45,441 KL from Oil Marketing Companies and 11,080 KL from Reliance Jio BP.
(BEL), has received orders valued at ₹633 crore (excluding taxes) from Cochin Shipyard Ltd. The order is for the supply of items required for various sensors, weapons equipment, fire control system and communication equipment supplied by BEL.
has reduced the prices of iron ore lumps and fines by ₹550 and ₹500 per tonne, respectively, reflecting continued weakness in the domestic steel market. The new prices, effective October 22, place lump ore at ₹5,550 per tonne and fines at ₹4,750 per tonne.
(Zaggle) has entered into an agreement with Megha City Gas Distribution Private Ltd.
, in a notice to the exchanges, said it has fully repaid its secured debt of ₹1,338.35 crore to consortium lenders, including accrued interest. This repayment releases both movable and immovable assets, including current assets, from the consortium charge. The satisfaction of charge was registered with the Registrar of Companies, Punjab and Chandigarh on October 22.
Advagen Holdings Inc, a wholly-owned subsidiary of Rubicon Research Ltd, has entered into a definitive agreement with GEn1E Lifesciences Inc to acquire Series Prime Preferred Stock in tranches, for a total consideration of up to $3 million. The transaction is a minority investment in Gen1E relating to the development of pharmaceutical products.
has announced the resignation of Shivan Bhargava, who served as the Director of Customer Experience. His departure marks a change in the company’s senior management, effective from October 22. The company acknowledged his contributions during his tenure (15 years), indicating a transition phase in its leadership structure.
DIB, the world’s first Islamic bank and the largest in the UAE, has announced a strategic partnership with to accelerate the adoption of Artificial Intelligence (AI) across its ecosystem. Announced at GITEX GLOBAL 2025, the partnership reinforces DIB’s commitment to shaping the future of Islamic finance through responsible innovation.
which had participated in a tender floated by oil marketing companies (BPCL, IOC, HPCL and MRPL) under EBPP for Ethanol Supply Year (ESY 25-26) at locations across the country and the company has been allocated 175652 Kiloliters of Ethanol having an estimated order value of ₹1,184.86 crore for (ESY 25-26).
In a strategic move towards advancing sustainable textile manufacturing and circular economy initiatives, , Revti Business Pvt. Ltd., and Wastewear Inc. have signed a Memorandum of Understanding (MoU) to establish a multi-faceted collaboration focused on textile waste recycling, product innovation, and global co-branding. The MoU outlines the intention of the three companies to work jointly on sourcing, processing, and marketing recycled polyester products, with the long-term goal of reducing textile waste and promoting responsible production.