has announced a major expansion into the railway rake business by acquiring three JSW-owned rake companies for ₹1,212 crore. Its wholly owned subsidiary, JSW Port Logistics, has signed a Share Purchase Agreement (SPA) to acquire 100 per cent stake in JSW Rail Infra Logistics, JSW Minerals Rail Logistics, and JSW (South) Rail Logistics.
has inked a pact with Japanese firm JERA to get a supply of up to 0.27 MMTPA of LNG for 10 years, starting from 2027. The LNG procured under this agreement will be strategically utilised to operate its 2,730 MW combined cycle gas-based power plants across India. The company also noted that the gas supply will help it meet rising electricity demand, support peak-hour requirements and balance renewable energy generation.
has executed a share purchase agreement with Prudential Corporation Holdings Ltd (PCHL) to acquire an additional 2 per cent stake in ICICI Prudential Asset Management Company (ICICI AMC). The purchase price has been fixed at ₹2,140 crore for the 2 per cent stake.
has announced that its Board of Directors has approved the sale of its Low Voltage Motors and Geared Motors businesses, including the related customer service operations (collectively referred to as the Low Voltage Motors business) as a going concern on a slump sale basis, to Innomotics India Private Limited for a consideration (enterprise value) of INR 2,200 crore, on a cash-free, debt-free basis, subject to mutually agreed adjustments.
Artificial Electronics Intelligent Materials Ltd (AEIM), a fast-emerging leader in advanced semiconductor materials, precision components, metrology solutions, and next-generation manufacturing technologies, has announced a major technological breakthrough: the successful in-house production of metrology-grade sapphire cubes and spheres for Coordinate Measuring Machine (CMM) probe sensors. Sapphire cubes and spheres are mission-critical elements in touch-trigger probes, scanning probes, styli, and precision sensor assemblies. Their unparalleled hardness (9 on the Mohs scale), exceptional wear resistance, thermal stability, and optical uniformity make them the material of choice for applications demanding repeatable, long-term accuracy.
(Formerly known as Euro Asia Exports Ltd has entered into Mutual Non-Disclosure agreement with Taharbadkar Solutions Private Ltd. The parties to the Agreement Shall collaborate for the development, supply and commercialization of Component’s related to the DART -Dirven Ammunition Reduced Time Flights System being developed under the AIDITI 2 programme of IDEX for Indian Navy application.
has been awarded an Order from a private entity in the Aerospace & Defense segment for supply of masts with accessories. Due to confidentiality clauses and commercial sensitivity, the name cannot be disclosed.The Order Value is about ₹1.83 Crore.
has signed a Memorandum of Understanding with the Government of Tamil Nadu (GoTN) to invest ₹50 crores in a span of two years for manufacture of Cotton Grey Fabric and Home Textiles Products in Madurai and Virudhunagar Districts, with an intent to create approximately 40 direct jobs and 10 indirect jobs.
has been awarded a new contract by Iron International Limited, a Navratna PSU under the Ministry of Railways, for the SCADA Integration System for the operational switchyard of Tunnel T-80 (Tunnel Control Room Banihal), a critical component of the prestigious Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project. This project further strengthens Sharika Enterprises’ portfolio in automation, substation integration, and digital power control systems, particularly in critical and high-reliability railway environments such as tunnels and mountainous power transmission zones.
The Management Committee of the Board of Directors of TCC Concept Ltd has, considered and approved the allotment of 1,06,10,690 equity shares on a preferential basis to the shareholders of Pepperfry Ltd for consideration other than cash, pursuant to the acquisition of 89.09% stake in Pepperfry through a share swap. Consequent to the said acquisition, Pepperfry has become a subsidiary of the Company.
Arvind Fashions Ltd a leading player in India’s branded apparel market, announces a leadership change at Arrow, its iconic menswear brand renowned for its heritage in formal wear and contemporary work-life dressing. Nitesh Kanchan takes charge as the new Chief Executive Officer of Arrow and steers the brand’s next phase of growth across product, brand, digital and omni-channel retail in India.
The Board of Directors of L&T has approved the transfer of its Realty Business Undertaking (Realty BU) to L&T Realty Properties Ltd (L&T Realty), a wholly-owned subsidiary of the Company, through a slump-sale via a Scheme of Arrangement, subject to requisite regulatory approvals.
UGRO Capital Ltd has announced the completion of its 100% acquisition of Profectus Capital, marking one of the most value-accretive transactions in its journey to build India’s leading MSME lending institution, strengthening scale, profitability, capital productivity, and return ratios, and positioning the company for accelerated earnings growth over the next several years.
As part of its strategic initiative to foray into the solar power generation segment, Orient Green Power Company Ltd has raised funds through a Rights Issue to implement a 25 MW AC Solar Power Project through its subsidiary, Delta Renewable Energy Private Limited. Pursuant to this initiative, Delta has successfully commissioned a 7 MW AC Solar Power Project at Krishnasamudhram Village, Tiruttani Taluk, Tiruvallur District, Tamil Nadu. This development marks OGPCL’s entry into the solar energy sector, complementing its established expertise in wind power.
Caplin Steriles Limited (Caplin), a Subsidiary Company of Caplin Point Laboratories Limited has been granted final approval from the United States Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA)tocksore.