’ 16 step-down subsidiaries, all engaged in the new energy ecosystem, have been amalgamated under Reliance New Energy, the company said. The step-down wholly-owned subsidiaries include Reliance Power Electronics, Reliance Electrolyser Manufacturing, Reliance Green Hydrogen and Green Chemicals, Reliance New Power Electronics, Reliance New Energy Storage, Reliance Carbon Fibre Cylinder, Reliance New Energy Carbon Fibre Cylinder, Reliance Hydrogen Electrolysis, Reliance New Energy Hydrogen Electrolysis, Reliance New Energy Power Electronics, Reliance Hydrogen Fuel Cell, Reliance New Energy Hydrogen Fuel Cell, Kutch New Energy Projects, Reliance Petro Materials, Kalamboli East Infra and Kalamboli North Third Infra. The amalgamation was approved by Ministry of Corporate Affairs effective January 21, 2026.
has completed investment in two joint venture companies – Bharat Ethane One IFSC Private Ltd and Bharat Ethane Two IFSC Private Ltd – formed in partnership with Mitsui O.S.K. Lines Ltd (MOL), Japan, marking a significant step in securing ethane transportation for its subsidiary operations. The investment, totalling ₹40.00 crore, establishes ONGC as a 50 per cent joint venture partner in both entities through private placement of equity shares.
Adani Enterprises has acquired the remaining stake in IANS India Private Ltd through its wholly-owned subsidiary AMG Media Networks Ltd, which entered into a share purchase agreement to acquire the balance stake in IANS India from Sandeep Bamzai, an existing shareholder. The acquisition encompasses the remaining equity holdings that will transform IANS into a wholly-owned step-down subsidiary of .
has acquired 51 per cent stake in Commotion Inc., a leading AI-native Enterprise SaaS Platform company with operations in the US and India. This acquisition marks a significant step in accelerating AI integration across Tata Communications’ Digital Fabric offerings, particularly within its Customer Interaction Suite, that includes Tata Communications Kaleyra, to deliver contextual and converged AI driven experiences for both customers and employees. Commotion’s orchestration engine will integrate with Kaleyra’s core components — including channels, Kaleyra TX Hub, and CCaaS — to automate and intelligently guide end-to-end customer journeys, shifting engagement from reactive responses to predictive and generative interactions.
(HPCL) is nearing the operational launch of its Barmer refinery in Rajasthan. Crude oil is expected to be introduced into the crude distillation unit (CDU) by the end of January. This 180,000 barrels per day (9 MMTPA) facility represents a substantial addition to HPCL’s refining infrastructure. The refinery has already received various crude grades, including Azeri, Mesla, Nemba, and Okwuibome
has announced the acquisition of aerospace-related equipment worth Euro 350,000 through its subsidiaries via a French court-supervised liquidation process. This acquisition enables Belrise to expand into the aerospace and defence domain, establishing partnerships with European aerospace OEMs and Tier-1 suppliers.
Verso Altima India Pvt Ltd (subsidiary of ) has won a ₹4.6-crore order from Amdocs Development Ltd for Application Maintenance Support Services. This project involves functional and technical support for application maintenance and support services for five years.
has secured a ₹63-crore ready-mix concrete order through its subsidiary Buildmex from LD Patel Group. The concrete supply order represents a major business development for Arisinfra Solutions, strengthening its execution footprint in core construction materials. The engagement reflects the market’s confidence in the company’s ability to support high-intensity construction activity through its disciplined, partner-led operating model.