has announced the expansion of its collaboration with Truist, one of the largest US-based financial services companies, to support the bank’s continued build-out of its AI-first Global Capability Center in Hyderabad. Together with Infosys, Truist is strengthening India’s role as a key global hub for innovation, talent, and digital capability. Through this expanded collaboration, Infosys will utilise its deep financial services expertise and AI-first capabilities, to help accelerate scalable transformation and drive enterprise-wide value creation.
Infrastructure construction company has announced that its wholly-owned subsidiary, Jam Khambhaliya Jamnagar Power Transmission Limited, has executed a Transmission Service Agreement (TSA) with the Central Transmission Utility of India Limited (CTUIL). Under the agreement executed on October 19, 2026, Jam Khambhaliya Jamnagar Power Transmission Limited will undertake the development and operation of an Inter-State Transmission System (ISTS) project.
has entered the alternative protein segment after signing a technology licensing agreement with Switzerland-based Planetary SA to manufacture mycoprotein and related products in India. Under the arrangement, Dhampur Bio Organics will establish and operate mycoprotein production infrastructure in India using Planetary’s licensed technology.
JSW Dulux Ltd has received a revised demand order of ₹42.04 crore from the Karnataka GST Department regarding input tax credit disallowances for the fiscal year 2021. Earlier, the initial show cause notice demanded ₹118.33 crore, indicating a reduced final liability. The company is currently preparing its response to the relevant authorities within the stipulated timeframe.
, one of the leading stainless steel pipes/tubes manufacturers and exporters along with fittings in India, announces the commencement of operations of a part of its dedicated pipe spooling manufacturing capacity, ahead of the earlier planned timeline of December 2026. The early commissioning marks an important milestone in the Company’s expansion into value-added pipe spooling solutions. By commencing production ahead of schedule, company aims to establish manufacturing readiness in advance of anticipated customer order, enabling faster execution and dispatch once order is received.
has entered into a Memorandum of Understanding (MOU) with RENA Technologies GmbH to form a joint venture company to support the solar Manufacturing value chain. The parties shall have equal rights in relation to the management and governance of the JV company. RENA will license the IP to the JV Company for a mutually agreed license fee/royalty, in a manner to be agreed in the definitive agreements.
The board of has approved the acquisition of up to a 49% equity stake in NOPL Pace Green Energy Private Limited for a total cash consideration of up to ₹20 crore. NOPL Pace Green Energy Private Limited is a Pune-headquartered Special Purpose Vehicle (SPV) incorporated on April 25, 2024, operating in the power generation sector. Post-acquisition, the target entity will become an Associate of Transrail Lighting Limited, with Onix Renewables Limited holding the remaining 51% equity stake.
The board of has approved an enabling resolution to explore market opportunities for raising funds up to ₹600 crore through various permissible channels such as equity shares, fully or partly convertible debentures, debt securities, or any other eligible instruments/securities via Qualified Institutions Placement (QIP), private placement, public issue of equity or debt securities, preferential issue, or a combination thereof.
Cemindia Projects Ltd (formerly known as ITD Cementation India Limited) has raised ₹1,400.00 crore through Qualified Institutions Placement (QIP) by allotting 1,26,35,379 equity shares an issue price of ₹1,108. The issue price reflects a discount of ₹50.58 per share, or 4.37%, to the floor price of ₹1,158.58 a share. Among the allottees included Motilal Mutual Fund (MF), Mirae Asset MF, Tata MF, BoI-MF, AB Sunlife MF and Invesco MF.
RailTel Corporation of India Ltd has received the Letter of Acceptance (LoA) from Haryana State Electronics Development Corporation Ltd. The scope of the order is RC for SITC of LAN at various Locations in Haryana, Chandigarh, Delhi NCR on behalf of various Haryana State Govt. Departments. Customer will issue PO from time to time as per requirement. The estimated size of order as per LoA is Rs. 47.40 crore.
Monarch Surveyors and Engineering Consultants Ltd, an India’s leading infrastructure consulting and engineering services company, has secured a ₹51.20 crore order from Southern Railway for conducting traffic surveys, final location surveys and preparing Detailed Project Reports (DPRs) for new Broad Gauge (BG) line construction, doubling and multi-tracking projects. The contract has been awarded under the jurisdiction of the Chief Administrative Officer/Construction, Southern Railway, Egmore, Chennai.
Healthcare and infrastructure company Evervie Health Limited (formerly PVP Ventures Ltd) has announced the signing of a Letter of Intent (LOI) with Sweden-based Elekta Solutions AB for the proposed procurement of 10 Harmony linear accelerator (LINAC) radiation therapy systems. Alongside the equipment procurement update, the company announced the launch of its new official corporate website to align with its recent corporate name change.
Transworld Shipping Lines has announced the execution of a Memorandum of Agreement (MOA) for the acquisition of a commercial vessel, ‘Saltwind Explorer’, for $16.50 million (approximately ₹138+ crore).
GRP Ltd has announced the successful installation and commercial operationalisation of solar power generation plants at its manufacturing facilities located in Ankleshwar and Panoli, Gujarat. Commercial generation of solar power at both locations commenced with effect from October 19. The total Proposed Capacity is 8 MWp (comprising two units of 4 MWp each located at Ankleshwar and Panoli) with a capital Investment ₹2.60 crore that was funded by internal cash accruals.
Highness Microelectronics Ltd, BSE-SME listed company, has inaugurated its new glass cutting line at its Rabale manufacturing plant in Navi Mumbai, Maharashtra, with commercial production commencing on October 19. The facility has an installed capacity of 300 glass units per day. The facility positions the Company as India’s only company with this specialised glass cutting technology and manufacturing facility, strengthening its in-house processing capabilities and supporting cost optimisation and operational efficiency.
Diamond Power Infrastructure has informed exchanges that its Board has appointed Kundip S Thakker as Chief Financial Officer and Key Managerial Personnel with effect from October 20, replacing Pawan Lohiya, who has been re-designated as Deputy CFO.