FutureSenseIndia

AZAD Engineering Secures BHEL Order for Advanced Rotating Airfoils | Import Substitution

AZAD Engineering Secures Prestigious BHEL Order for Advanced Rotating Airfoils

In a significant development for India’s engineering and manufacturing sector, AZAD Engineering has secured a prestigious purchase order from Bharat Heavy Electrical Limited (BHEL). The order involves the supply of advanced, high-complexity rotating airfoils for supercritical turbines, marking a major milestone in the country’s efforts toward indigenization and import substitution. Key Details of the Order: Customer: The order has been…

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TARIL Secures ₹362 Crore Orders for EHV Power Transformers | Domestic Contracts

TARIL Secures ₹362 Crore in Domestic Orders for EHV Power Transformers

Ahmedabad, India – Transformers and Rectifiers (India) Limited (TARIL), a leading manufacturer of power transformers, has announced the receipt of significant orders totaling ₹362 Crore from various domestic entities. These orders underscore TARIL’s strong position in the transformer manufacturing industry and its commitment to supporting India’s power infrastructure. Key Highlights of the Orders: Awarding Entities: The orders have…

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Bajel Projects Wins ₹765kV Transmission Line EPC Contract from PowerGrid

Bajel Projects Secures ₹765kV Transmission Line EPC Contract from PowerGrid

Bajel Projects Limited has been awarded a significant order for the supply of goods and services. Below are the key highlights of the contract: Awarding Entity The order has been issued by PowerGrid Corporation of India Limited (POWERGRID) through its project-specific Special Purpose Vehicle (SPV), Rajasthan IV 4A Power Transmission Limited. Nature of the Order…

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Renaissance Global Makes Strategic Investment in Jean Dousset Jewelry

Renaissance Global Limited Invests in Jean Dousset Jewelry LLC

Dated January 28, 2025, outlines Renaissance Global Limited’s (RGL) strategic minority investment in Jean Dousset Jewelry LLC. Investment Highlights: Details: RGL’s step-down subsidiary, RD2C Ventures Inc., will invest in Jean Dousset Jewelry LLC. Target Company (Jean Dousset): A US-based jewelry company established on December 26, 2013, specializing in bespoke craftsmanship and lab-grown diamond jewelry. Recent…

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TVS Motor and Sundaram Auto Components Merger: Key Details & Rationale

TVS Motor Merges with Sundaram Auto Components to Streamline Operations

The Board of Directors of TVS Motor Company Limited (TVSM) has given the green light for the merger of its wholly-owned subsidiary, Sundaram Auto Components Limited (SACL), with TVSM. This strategic move is aimed at simplifying the corporate structure, achieving operational efficiencies, and driving long-term value for stakeholders. Approvals and Documentation The merger is subject…

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DEE Development Engineers Acquires Majority Stake in Molsieve Designs

DEE Development Engineers Acquires 70% Stake in Molsieve Designs Limited

Dated January 28, 2025, announces DEE Development Engineers Limited’s (DEE) acquisition of a majority stake in Molsieve Designs Limited. The notification aligns with Regulation 30 of the SEBI (LODR) Regulations, 2015. Acquisition Highlights: Details: DEE will acquire 70% of Molsieve, and promoter Mr. Krishan Lalit Bansal will acquire an additional 15%. Target Company (Molsieve): Incorporated…

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Sai Life Sciences to Establish New R&D Facility in Hyderabad by 2026

Sai Life Sciences Expands R&D Capabilities with New Hyderabad Facility

Sai Life Sciences to Expand R&D Capabilities with New Facility in Hyderabad Sai Life Sciences Limited has announced plans to enhance its R&D capabilities by establishing a new research and development facility in Shamirpet, Hyderabad. Key Highlights of the Expansion Location: The new facility will be situated in Shamirpet, Hyderabad, augmenting the existing Unit II…

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Mirza International's Strategic Merger with T N S Hotels and Resorts Pvt. Ltd.: Key Insights

Mirza International’s Strategic Merger with T N S Hotels and Resorts Pvt. Ltd.: Key Insights

Merger of T N S Hotels and Resorts Pvt. Ltd. with Mirza International Ltd.: Key Highlights The document outlines the amalgamation of T N S Hotels and Resorts Private Limited, a wholly-owned subsidiary, with its parent company, Mirza International Limited. The merger was sanctioned by the NCLT Allahabad Bench, Prayagraj, on January 24, 2025. Below…

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Corporate Updates: Key Acquisitions and Partnerships by ASK Automotive, Gabriel India, Shah Metacorp, and International Conveyors

Corporate Updates: Key Acquisitions and Partnerships by ASK Automotive, Gabriel India, Shah Metacorp, and International Conveyors

Summary of the Four PDF Documents 1. ASK Automotive Limited – Acquisition of Additional Stake in AISIN ASK India Private Limited ASK Automotive acquired 1,02,00,000 equity shares of AISIN ASK India Private Limited for Rs. 10.2 crore on January 24, 2025. Total shareholding in AISIN ASK now stands at 1,07,10,000 equity shares (51% of the…

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India’s First Fully Automated Lead Smelter Plant by POCL | Key Updates

POCL Launches India’s First Fully Automated Lead Smelter Plant in Tamil Nadu

Pondy Oxides and Chemicals Limited (POCL) Unveils India’s First Fully Automated Lead Smelter Plant Pondy Oxides and Chemicals Limited (POCL) has established a state-of-the-art lead smelter plant in Thervoykandigai, Thiruvallur District, Tamil Nadu. This advanced facility, the first of its kind in India, is fully automated and sets a benchmark in the industry. Key Highlights…

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