Business Issues

Panacea Biotec Wins Additional UNICEF Order for Polio Vaccines Worth $5.20 Million

Panacea Biotec Limited has announced the receipt of an additional award from UNICEF for the supply of 40 million doses (2 million vials) of its bivalent oral polio vaccine (bOPV)...

PNC Infratech Wins ₹239.94 Crore Flyover Project in Bharatpur, Rajasthan

PNC Infratech Limited has been declared the L1 (lowest) bidder for a major EPC (Engineering, Procurement, and Construction) project awarded by the Public Works Department (PWD) of Rajasthan. The...

Somi Conveyor Beltings Secures ₹48.64 Crore Orders from NLC India and Maharashtra State Power

Somi Conveyor Beltings Limited has announced the receipt of major new orders totaling ₹48.64 crore. The company secured a significant purchase order from NLC India Limited, Neyveli, Tamil Nadu, valued...

H.G. Infra Engineering Wins Bid for Gujarat’s 300 MW Battery Storage Project

H.G. Infra Engineering Limited (HGINFRA) has been declared a qualified bidder by Gujarat Urja Vikas Nigam Ltd (GUVNL) for setting up 300 MW/600 MWh of Standalone Battery Energy Storage Systems...

PSP Projects Wins ₹107.10 Crore Civil Works Contract for GIFT City

PSP Projects Limited has announced the receipt of a new work order for the “Civil Structure and Finishes Work for BIFC-2 Building” at GIFT City, Gandhinagar, Gujarat. Awarded by Brigade...

Tanla Merges Gamooga with Karix | April 2025 Update

​Tanla Platforms Limited has announced the approval of a Scheme of Arrangement for the merger of its step-down subsidiary, Gamooga Softtech Private Limited, with its wholly owned subsidiary, Karix...

Rane (Madras) Allots Shares Post-Amalgamation, Rane Holdings’ Stake at 63.80%

On April 23, 2025, Rane (Madras) Limited (RML), a subsidiary of Rane Holdings Limited, allotted 59,58,439 equity shares of ₹10 each pursuant to the approved Scheme of Amalgamation involving Rane...

Piramal Pharma Subsidiary Issues OCRPS Worth ₹1,626 Crore to Boost Overseas Holdings

On April 23, 2025, Piramal Healthcare Inc. (PHI), a material step-down wholly owned subsidiary of Piramal Pharma Limited (PPL), entered into a Stock Subscription Agreement and Loan Conversion...

JK Paper Acquires Majority Stake in Quadragen Vethealth for ₹460 Crore​

JK Paper Limited has successfully acquired a majority stake in Quadragen Vethealth Private Limited (QVPL), marking a strategic diversification into the specialty animal health and nutrition sector. 🔹...