Mahindra Logistics Limited (MLL) has announced a strategic investment in its wholly-owned subsidiary, MLL Express Services Private Limited (MESPL). This decision, approved by the Investment Committee of the Board of Directors, was taken during a meeting on March 5, 2025. Investment Details MLL will invest up to Rs. 35 Crores in MESPL through a rights…
Coforge Limited Expands Global Presence with Strategic Acquisitions of Rythmos Inc. and TMLabs Pty Ltd Coforge Limited has announced the acquisition of two companies, Rythmos Inc. and TMLabs Pty Ltd., strengthening its global presence and expanding its expertise in data, cloud engineering, and the ServiceNow ecosystem. The official disclosure was made to the BSE Limited…
Apollo Hospitals Enterprise Ltd is set to revolutionize cancer treatment in India with the establishment of a Comprehensive Oncology Centre featuring the country’s first Proteus One Proton System. This ambitious project, requiring an investment of Rs 250 crores, is planned over the next three years and will include state-of-the-art ancillary equipment. The hospital has partnered…
HBL Engineering Limited has achieved a major milestone by securing a Letter of Acceptance (LoA) from the Bhopal Division of West Central Railway for the implementation of KAVACH, an advanced railway safety system. This contract, valued at ₹148.44 crore (inclusive of GST @18%), has been awarded to the HBL-Shivakriti Consortium, with HBL as the lead…
Solar Industries India Limited has achieved a significant milestone with its wholly-owned subsidiary, Solar Defence and Aerospace Limited, securing a major contract from the Ministry of Defence, Government of India. This deal underscores the company’s growing influence in India’s defence sector and its commitment to indigenous manufacturing under the “Make in India” initiative. Key Highlights…
Hariom Pipe Industries Limited (HPIL) has achieved a major milestone by securing a Letter of Award (LoA) for a 60 MW (AC) solar power project under the “Mukhyamantri Saur Krushi Vahini Yojana 2.0”. This initiative is part of the broader effort to implement feeder-level solarization under Component C of the PM Kusum Scheme, promoting sustainable…
Jio Financial Services Limited (JFSL) has taken a significant step in consolidating its financial operations by announcing an acquisition agreement concerning Jio Payments Bank Limited (JPBL). This move aims to strengthen JFSL’s presence in the digital banking sector and streamline its financial services. Key Highlights of the Acquisition Acquirer & Target Acquirer: Jio Financial Services…
On March 4, 2024, Intermetal Engineers (India) Private Limited (“Intermetal”), a wholly-owned subsidiary of RHI Magnesita India Limited, took a significant step towards expanding its business by signing a Share Purchase Agreement (SPA) with Ashwath Technologies Private Limited (“Ashwath”) and its existing shareholders. This agreement marks a strategic acquisition that will enable Intermetal to take…
Transformers and Rectifiers (India) Limited (TARIL) has announced new order wins worth ₹350 crore, strengthening its position as a key player in the transformer manufacturing industry. The company disclosed these order details in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Key Highlights of the Order Disclosures 1. Total Order…
Optiemus Infracom Limited has announced significant investments in its wholly owned subsidiaries, Optiemus Electronics Limited (OEL) and GDN Enterprises Private Limited (GDN). These strategic moves aim to enhance business operations, improve financial strength, and drive long-term growth. Investment in Optiemus Electronics Limited (OEL) Key Details: Industry: Manufacturing Nature of Consideration: Cash Cost of Acquisition: INR…