The has dismissed the appeals filed by , where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. The issues pertain to two companies — Future Corporate Resources and Liz Traders and Agents — where their Demat accounts were frozen by BSE due to defaults committed by them in paying the annual listing fee, among others, as non-compliance with LODR Regulations and unpaid dues from fines levied for such non-compliance.
will remain in focus, as the will introduce Dated Brent Crude Oil (Platts) futures from April 13, expanding its commodity derivatives offerings linked to global oil benchmarks. “The exchange is pleased to inform its members that, having received approval from SEBI, Dated Brent Crude Oil (Platts) Futures contracts would be available for trading in the NSE commodity derivatives segment with effect from April 13, 2026,” the bourse said in its circular.
The United States Food and Drug Administration (US FDA) inspected Unit-IV of Aarti Pharmalabs Ltd, situated at Plot No. E-50, 50/1, 59/1, MIDC, Tarapur, Tal. & District Palghar, Maharashtra – 401506. At the end of this inspection, which concluded on March 27, a ‘Form 483’ was issued with one observation. According to the company, it is procedural in nature. The corrective and preventive actions for the observation, along with compliance, will be submitted to the US FDA within the stipulated period.
Acquisition/sale of stake
TVS Holdings Ltd has invested ₹526.79 crore in its subsidiary Home Credit India Finance Pvt Ltd (HCIFPL) through the subscription of additional equity shares by subscribing over 22.91 crore equity shares at ₹22.99 per share, taking its total shareholding in HCIFPL to 80.39 per cent.
has completed the transfer of the steel business undertaking of Bhushan Power and Steel Limited (BPSL) to its subsidiary, JSW Sambalpur Steel Limited, via a slump sale. This move paves the way for a strategic 50:50 joint venture with Japan’s JFE Steel Corporation. In December 2025, the Board of Directors of JSW Steel had approved two key initiatives: the transfer of BPSL’s steel business undertaking to JSW Sambalpur Steel Limited via a slump sale; and the formation of a 50:50 joint venture partnership with JFE Steel Corporation for the steel business undertaking of BPSL.
along with its wholly owned subsidiary, PNC Infra Holdings Ltd, has completed the sale of its equity stake in PNC Challakere (Karnataka) Highways Private Limited, a Hybrid Annuity Mode (HAM) road project, to Vertis Infrastructure Trust (VIT), an Infrastructure Investment Trust sponsored by affiliates of KKR. This transaction marks the conclusion of the final tranche of the strategic divestment initiative announced in January 2024, wherein the company had entered into definitive agreements with VIT to divest a portfolio of 12 road assets comprising 11 National Highway Hybrid Annuity Mode (HAM) projects and 1 State Highway BOT (Toll) project, having a total aggregate length of approximately 3,800 lane-km across Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan.
CMS Info Systems has announced the acquisition of Financial Software and Systems’ (FSS) managed services business for ₹115 crore to strengthen its position in the end-to-end ATM management space. The transaction involves the transfer of operating assets and novation of customer contracts, and is expected to close in Q1 FY27, according to a statement.
has announced major leadership changes with Kiran Mazumdar Shaw transitioning to Executive Chairperson from April 1, 2026, and Siddharth Mittal being appointed as Managing Director & CEO from July 1, 2026. Peter Bains will resign as MD & CEO on June 30, 2026. Both new appointments are for five-year terms and require shareholder approval.
Batter Storage contracts
has received a Letter of Award (LoA) worth ₹1,057.09 crore from Telangana Power Generation Corporation Ltd for setting up a battery energy storage system (BESS) project. The project involves the development of a 750 MWh (187.5 MW for four hours) BESS plant at Choutuppal.
has received an EPC order worth ₹413.37 crore from NTPC Ltd for a battery energy storage system (BESS) project at the Mouda Super Thermal Power Station.
Order wins
Thermax Babcock & Wilcox Energy Solutions (TBWES), a wholly-owned subsidiary of Thermax Ltd, has secured the ₹1,600 crore boiler package supply order from a leading thermal power projects company in Central India for a 1×800 MW ultra-supercritical thermal power plant, according to a company statement. The scope of work includes manufacturing, supply, commissioning, and performance testing of the boiler package, the statement said.
RailTel Corporation of India Ltd has received the Letter of Intent (LoI) from Centre For E-Governance. The estimated size of order as per LoI is ₹444.44 crore (including tax).
Gujarat Inject Kerala Ltd has received a Purchase Order worth ₹3.11 crore from Earthwave Technology for 3,645 solar PV Module GS12R-T132-GF-620WP (exclusive of GST).
PC Jeweller has executed a Memorandum of Understanding with National Skill Development Corporation under the Ministry of Skill Development & Entrepreneurship, Government of India, to partner as the Industry/Franchise Partner for the Gems & Jewellery Sector for the development and onboarding of up to 2,00,000 micro-entrepreneurs in India over a 5-year period under the PC Jeweller Brand.
The board of Ram Ratna Wires has approved a ₹86-crore capex investment to expand the Silvassa manufacturing facility capacity by 3,600 MT annually. The project includes infrastructure development and process enhancement, with completion targeted by March 2027, funded through internal accruals and debt financing.
Land deal
Mukand Ltd has executed two Conveyance Deeds for sale of land parcels totalling approximately 67,257 sq. mtrs (16.62 acres) at village Dighe, Thane, Maharashtra, to AGP DC Infra Pvt Ltd. Transaction details: 50% undivided share in 9,871 sq. mtrs (2.44 acres) land + reciprocal right of way for ₹43.98 crore; and additional 57,386 sq. mtrs (14.18 acres) land for ₹511.37 crore.
Oberoi Realty has signed a development agreement for a redevelopment project on Peddar Road. The agreement involves two adjacent housing societies on ML Dahanukar Marg and Dr. G. Deshmukh Marg, covering approximately 4,800 sq m with up to 1.40 lakh sq ft free-sale space under DCPR 2034 regulations.
Indian Hotels Company Ltd (IHCL) has announced the signing of a 20-key greenfield Taj Safaris lodge in Satpura in Madhya Pradesh. “India offers a significant opportunity to expand the wildlife and eco-tourism segment. The signing of Taj Safaris, Satpura reflects this potential and strengthens our presence in Madhya Pradesh, where we operate lodges in Pench, Kanha, Bandhavgarh and Panna,” the hotel major said.
Fund raising
GFCL EV, subsidiary of Gujarat Fluorochemicals Ltd, has announced further raise of approx $80 million from a global marquee investor. This fund raising is in addition to $50 million already raised from International Finance Corporation (IFC), a member of the World Bank Group (WBG). These capital raisings will drive high-value manufacturing, create jobs, strengthen position in global supply chains, and advance priorities of energy security, transport electrification, and local value creation.