Business Issues

Tera Software Secures ₹273.12 Crore Smart Metering Contracts from MVVNL in Uttar Pradesh

On March 30, 2025, Tera Software Limited announced the receipt of Letters of Intent (LOIs) from Madhyanchal Vidyut Vitran Nigam Ltd. (MVVNL) for door-to-door meter reading, spot bill generation, bill...

HBL Engineering Secures ₹499.68 Crore Orders for KAVACH Implementation in Indian Railways

HBL Engineering Limited (formerly known as HBL Power Systems Limited) has been awarded two significant contracts for the implementation of the KAVACH system, totaling ₹499.68 crore. The letters of...

Delhivery to Acquire 99.4% Stake in Ecom Express for ₹1,407 Crore

On April 5, 2025, Delhivery Limited announced its decision to acquire at least 99.4% of the issued and paid-up share capital of Ecom Express Limited for a cash consideration not...

FirstCry Increases Stake in GlobalBees to 51.12% with ₹73 Crore Investment

On April 4, 2025, Brainbees Solutions Limited, operating as FirstCry, announced an investment of ₹73,00,47,000 (approximately ₹73 crore) in its subsidiary, GlobalBees Brands Private Limited. This move...

ITC Acquires 43.75% Stake in Ample Foods for ₹131 Crore to Expand Frozen & Ready-to-Cook Portfolio

On April 4, 2025, ITC Limited announced the acquisition of 2,62,500 equity shares in Ample Foods Private Limited (AFPL), amounting to a 43.75% stake in the company. This transaction, valued...

UltraTech Cement to Acquire Wonder WallCare for ₹235 Crore to Boost Wall Putty Business

The acquisition includes a state-of-the-art manufacturing plant with a capacity of 600,000 metric tonnes per annum, located in Rajsamand-Nathdwara, Rajasthan. Constructed in 2022-23, this facility is...

Lupin Acquires UK-Based Renascience Pharma for ₹129 Crore to Expand Specialty Portfolio

On April 2, 2025, Lupin Healthcare (UK) Limited, a wholly owned subsidiary of Lupin Limited, announced the acquisition of the entire share capital of Renascience Pharma Limited (RPL), a UK-based...

Endurance Technologies Acquires 60% Stake in Germany’s Stöferle Group for €37.74 Million

On April 2, 2025, Endurance Technologies Limited announced the successful completion of its acquisition of a 60% stake in Stöferle GmbH and Stöferle Automotive GmbH, based in Germany. This strategic...

ITC Acquires Century Pulp and Paper for ₹3,498 Crore to Strengthen Paper Business

TC Limited Announces Acquisition of Century Pulp and Paper for ₹3,498 Crore On March 31, 2025, ITC Limited unveiled its strategic move to acquire the Pulp and Paper division of...