GAIL (India) has signed a non-binding Memorandum of Understanding (MoU) with the Government of Chhattisgarh for development of a greenfield gas-based fertiliser project in the state of Chhattisgarh. As per the MoU, GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 lakh metric tonnes (LMT), proposed to be strategically located along GAIL’s Mumbai–Nagpur–Jharsuguda Natural Gas Pipeline (MNJPL) corridor. Based on the techno-economic evaluation, investment decision will be taken for setting up the fertiliser project by GAIL.
The board of Ola Electric Technologies Pvt Ltd, a subsidiary of Ola Electric Mobility, has approved the third tranche of allotment of 10 crore convertible redeemable preference shares to Ola Cell. After obtaining shareholders’ approval to revise the use of IPO proceeds, its wholly owned subsidiary Ola Electric Technologies has approved a third tranche of funding of ₹100 crore by issuing 10 crore optionally convertible redeemable preference shares to Ola Cell Technologies, another group subsidiary, through a private placement.
Godfrey Phillips India has reported a fire incident at a third-party tobacco manufacturing facility in Andhra Pradesh, prompting the company to file an insurance claim to cover the resulting damages. The fire occurred at a third-party tobacco plant that manufactures products for Godfrey Phillips India. The incident has resulted in damage to the facility, affecting the company’s manufacturing operations through its external partner network.
Take Solutions today announced its strategic plan to develop an advanced AI-powered Diagnostic & Preventive Care Platform, marking a major expansion into India’s rapidly expanding preventive and diagnostic healthcare sector. As India moves rapidly toward digital-first healthcare, this launch positions Take Solutions at the centre of one of the most powerful market transformations underway. This planned platform represents Take Solutions’ vision to shape the future of healthcare as India transitions from treatment-focused systems to AI-led early detection, predictive diagnostics, and preventive care.
Monte Carlo Fashions Ltd has received multiple Letters of Award (LoA) from Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) for solar PV-based power plants (SPP) for solar photovoltaic power generating stations for an aggregate capacity of 35 MW (AC) under the Surya Mitra Krishi Feeders Scheme—PM KUSUM-C—for setting up grid-connected solar power projects at one district in the state of Madhya Pradesh. The EPC cost is approx. ₹147 crore (including GST).
GPT Infraprojects Ltd has received a contract from CAO/CON, Gorakhpur, North Eastern Railway totalling ₹199.2 crore. The contract involves construction of substructure including fabrication of superstructure & its launching for Important Bridge No. 247 (10×61.0 m) and 287 (10×61.0 m) with double D-type well foundation for double line with RDSO 25 T axle loading standard over river Rapti between Balrampur–Bahraich stations in connection with new line work between Khalilabad–Bahraich section of North Eastern Railway.
GNFC has entered into a contract with Toyo Engineering India Private Limited (Toyo) for supply of Ammonium Nitrate—II plant on LEPC basis. Toyo has a tie-up with INCRO, S.A., Spain, for supply of process know-how and licence for Ammonium Nitrate—II plant.
Cupid Ltd has announced a significant reduction in the pledge/encumbrance of equity shares by its promoter and promoter group. The pledged shareholding has been reduced from 36.13 per cent as on September 30 to 20 per cent as on date.
Shakti Pumps (India) Ltd has announced another significant addition to its order book today with the receipt of a Letter of Empanelment/Letter of Award for 12,883 solar photovoltaic water pumping systems (SPWPS) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) under the Magel Tyala Saur Krushi Pump Yojana/PM KUSUM B. This order, valued at ₹356.77 crore, marks the latest in a series of wins that have collectively added nearly ₹900 crore in new orders over the past 15 days, reinforcing the company’s leadership in the solar pumps industry.
SJS Enterprises Ltd has announced the execution of a Technology Licence cum Supply Agreement (TLA) with BOE Varitronix Limited (BOEVX), Hong Kong, for the optical bonding and assembly of automotive display systems in India. This milestone is in line with the company’s strategic expansion plans announced on September 16, 2025.
TCONS E-Solutions Ltd has been awarded a new contract by the Directorate of Enforcement, Department of Revenue, Ministry of Finance, Delhi, to provide 38 resources for a period of one year. The total contract value is about ₹1.6 crore inclusive of all taxes and duties.
CDG Petchem Ltd has received two significant last-mile transportation contracts from APL Logistics (an automotive logistics service provider and a registered operator with Ministry of Railways under the AFTO policy). Under the first contract, CDG Petchem will manage last-mile vehicle distribution from Ahmedgarh (Ludhiana) terminal to multiple destinations across Punjab, Himachal Pradesh, and Jammu & Kashmir. This engagement strengthens APL’s distribution reach in northern India while ensuring timely, safe, and efficient vehicle deliveries to dealerships.