, the flagship company of the Adani Group, and Jabil Inc, a global engineering, supply chain and manufacturing company, have signed a non-binding Memorandum of Understanding (MoU) setting out the framework for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data centre equipment in India. The proposed joint venture remains subject to execution of definitive agreements, receipt of applicable approvals and satisfaction of customary conditions
, formerly known as ICICI Prudential Life Insurance Company Limited, has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to appoint Sidharatha Mishra as an Additional Director and as the Managing Director and Chief Executive Officer of the company. The approval covers a five-year tenure commencing from October 14, 2026, through October 13, 2031, subject to adherence to applicable laws.
has announced that the National Company Law Appellate Tribunal in New Delhi has stayed and kept in abeyance an earlier order of the National Company Law Tribunal, Ahmedabad, which had admitted a corporate insolvency resolution process against the company over an alleged operational debt of ₹2.79 crore to Asier Metals. The appeal is scheduled to be heard on October 26, 2026, and until then the admission order remains suspended.
The board of Aegis Logistics Ltd has approved the acquisition of an 89.8 per cent equity stake in Dubai-headquartered Tristar Holdings Ltd cash consideration of $ 809 million (approximately ₹6,800 crore). The transaction will be executed through Aegis’s wholly-owned step-down subsidiary, Aegis Logistics International Pte. Ltd., Singapore.
Oil India Ltd has announced that its wholly-owned subsidiary, OIL Green Energy Limited (OGEL), has incorporated a joint venture company named Hind Oil Biofuels Private Limited, for Production of Compressed Biogas (CBG) and associated by-products/co-products from Municipal Solid Waste (MSW), waste-to-energy generation, and biofuel production.
Advent Hotels International Ltd has announced that its Board of Directors has approved the execution of a Share Purchase Agreement (SPA) to acquire the remaining 25 per cent equity shareholding in its subsidiary, BD And P Hotels (India) Private Limited (BD&P Hotels) for Rs 40 crore, to be executed via banking channels.
The Board of Gujarat State Fertilizers & Chemicals Ltd. has approved the setting up of the Phosphoric Acid (PA) and Sulphuric Acid (SA) Plant at its Sikka Unit, Jamnagar, Gujarat. The project features a planned capacity of 600 MTPD Phosphoric Acid (PA) and 1,800 MTPD Sulphuric Acid (SA) plant along with associated offsite and utilities at Sikka Unit. The project is part of the Company’s strategic growth and backward integration roadmap to ensure a reliable internal supply of raw materials.
The USFDA conducted Inspection of the Zydus Lifesciences Limited’s manufacturing plant located at Moraiya, Ahmedabad. The inspection was conducted from 5th to 13th October 2026. The inspection closed with 5 observations. The Company will closely work with the USFDA to address the observations expeditiously.
The Board of Bharat Coking Coal Ltd has approved the Rationalisation of Basic Prices of certain grades of Raw Coking Coal for NonRegulated Sector. With a view to correct disproportionate inter-grade price differentials, the revision covers Steel Grades (I and II), Direct Feed, PCC Washery Grades (W-II to W-VI) and HVMC Washery Grades (W-I to W-VI) for Non-Regulated Sector only. The basic prices of different grades have been increased by approximately 0.1% to 14% over the existing prices.
Texmo Pipes and Products Ltd has announced that its Board of Directors has approved the allotment of 15,30,000 equity shares to company promoters (Sanjay Kumar Agrawal and Rashmi Agrawal) on a preferential basis at ₹45.65 a share for total consideration ₹6.98 crore.
Dr. Lal PathLabs Ltd has announced that its step-down subsidiary, Centrapath Labs Private Limited (CPL), has become a wholly-owned subsidiary following the acquisition of its remaining 30 per cent equity stake by PathLabs Unifiers Private Limited (PUPL) at a price of ₹1,608.352 a share.
The board of Anuh Pharma Ltd has approved a strategy for production capacity expansion, supported by a proposed debt financing facility. The loan facility remains subject to the finalization of commercial terms and conditions, as well as the receipt of necessary statutory and lender approvals.
RailTel Corporation of India Ltd has received the Work Order from Higher Education Department. Govt. Of Odisha. The order is for development of 83 Digital Application Modules under the Comprehensive Digital Governance Platform along with Resource Deployment Component and to integrate it with existing ERP.
Pasupati Acrylon Ltd has received formal consent from the Excise Department of the Uttar Pradesh Government to expand the operating capacity of its ethanol manufacturing plant. Under the approved consent, Pasupati Acrylon has been authorized to scale up the operating manufacturing capacity of its Ethanol Plant from 180 kilolitres per day (KLPD) to 240 kilolitres per day (KLPD). The expansion marks a significant operational milestone for the company’s bio-energy and ethanol manufacturing operations located in Uttar Pradesh, enabling higher production volumes to meet growing domestic supply requirements.
Bharat Electronics Ltd has secured additional orders worth Rs.533 Crore since the last disclosure on September 17. Major orders received include communication equipment, avionics, cyber security solution, drones, jammers, software solution, upgrades, spares, service.
Greaves Finance Limited (GFL), a Non-Banking Financial Company and wholly owned subsidiary of Greaves Cotton Ltd, appointed Mukul Kanchan as its Executive Director & Chief Executive Officer, effective October 1, 2026, subject to necessary approvals.