Indegene Limited, a prominent global enterprise specializing in digital-first commercialization within the life sciences sector, has announced a strategic move to enhance its European footprint. The company’s wholly-owned subsidiary, Indegene Ireland Limited, is set to acquire MJL Communications Group Ltd. and its subsidiary, MJL Advertising Ltd., both based in the United Kingdom. Transaction Overview: Acquisition…
Power Grid Corporation of India Limited (POWERGRID) has recently expanded its transmission network by acquiring three Special Purpose Vehicles (SPVs) through Tariff Based Competitive Bidding (TBCB). These acquisitions aim to enhance India’s power transmission infrastructure and facilitate the integration of renewable energy sources. 1. Acquisition of Banaskantha Transco Limited (BTL): On March 24, 2025, POWERGRID…
Adani Enterprises Limited (AEL) has announced the incorporation of a new step-down wholly owned subsidiary by its existing wholly owned subsidiary, Adani New Industries Limited (ANIL). The newly formed entity, Adani New Industries One Limited (ANIOL), was officially registered on March 24, 2025. Key Details of ANIOL: Authorized and Paid-up Share Capital: ₹1,00,000, divided into…
BYD’s Bold Move: Massive ₹85,000 Cr Investment to Supercharge India’s EV Market China’s leading electric vehicle (EV) manufacturer, BYD, is making waves in the Indian automobile market with a monumental investment of ₹85,000 crore. This ambitious plan includes the construction of a massive manufacturing facility capable of producing 6 lakh (600,000) EVs annually, positioning India…
NCC Limited has been awarded a major contract by Bihar Medical Services & Infrastructure Corporation Limited (BMSICL) for the redevelopment of Darbhanga Medical College & Hospital (DMCH) at Laheriasarai, Darbhanga. Key Details of the Order: Awarding Entity: Bihar Medical Services & Infrastructure Corporation Limited (BMSICL) Project Scope: Comprehensive redevelopment of Darbhanga Medical College & Hospital,…
Power Mech Projects Limited has received a significant work order from Bharat Heavy Electricals Limited (BHEL) for civil, structural, and architectural works at the 2x800MW DVC Koderma (KTPS) Phase-II project in Jharkhand. Key Details of the Order: Awarding Entity: Bharat Heavy Electricals Limited (BHEL) Order Value: ₹579 Crore (excluding GST) Nature of Work: Civil, Structural…
March 20, 2025 – RailTel Corporation of India Ltd. has secured a significant work order from the Ministry of Defence for Optical Fiber Cable (OFC) Laying Work. The order, valued at ₹16.89 crore (including tax), was officially received on March 20, 2025, at 15:42, with the execution deadline set for March 17, 2026. Key Highlights…
Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LOI) from Gujarat State Electricity Corporation Limited (GSECL) for an Engineering, Procurement, and Construction (EPC) package of the 1×800 MW Ukai Extension Unit-7 Thermal Power Station in Tapi District, Gujarat. Key Highlights of the LOI: Awarding Entity: Gujarat State Electricity Corporation Limited (GSECL) Project…
Paras Defence and Space Technologies Limited has secured a significant order from the Defence Research and Development Organisation (DRDO), Ministry of Defence, Government of India. The company disclosed this development to BSE Limited and the National Stock Exchange of India Limited on March 20, 2025, in compliance with Regulation 30 of SEBI’s Listing Obligations and…
NCC Limited has announced a major infrastructure order worth ₹2,129.60 crore (excluding GST) from the Andhra Pradesh Capital Region Development Authority (APCRDA). The disclosure was made on March 19, 2025, to the National Stock Exchange of India (NSE) and BSE Limited, in compliance with Regulation 30 of SEBI’s (Listing Obligations and Disclosure Requirements) Regulations, 2015….