Kaynes Technology: Rolls Out 900 Multi-Chip Modules with Mitsui
Kaynes Technology’s subsidiary, Kaynes Semicon, in collaboration with Mitsui, has produced 900 Multi-Chip Modules at its advanced OSAT facility in Sanand, Gujarat, marking a milestone in India’s semiconductor manufacturing push.
Network18: To Acquire IBN Lokmat for ₹25 Crore
Network18 announced plans to acquire IBN Lokmat from Lokmat Media for ₹25 crore. Post-acquisition, IBN Lokmat will become a wholly owned subsidiary, enhancing Network18’s regional news presence.
MTAR Technologies: Bags ₹67 Crore Order from Existing Client
MTAR Technologies Ltd has received an order worth ₹67 crore from an existing customer. The company continues to strengthen its order book across precision engineering and energy sectors.
AIA Engineering: Shuts Bengaluru Unit of Welcast Steels
AIA Engineering Ltd announced that its subsidiary, Welcast Steels Ltd, will permanently close its Bengaluru manufacturing facility. The company clarified there will be no material impact on overall operations.
KEC International: Secures ₹1,038 Crore Transmission Order
KEC International Ltd has won new orders worth ₹1,038 crore in its international Transmission & Distribution segment, reinforcing its global infrastructure execution footprint.
Jindal Stainless: Signs $150 Million Deal with Harsco Environmental
Jindal Stainless Ltd has entered into a $150 million agreement with Harsco Environmental to double its slag processing capacity, enhancing circular production and sustainability efforts.
Bharat Electronics: Receives Additional Orders Worth ₹592 Crore
Bharat Electronics Ltd (BEL) announced that it has received additional defence and electronics orders worth ₹592 crore since its last disclosure on September 29, further boosting its order pipeline.
Jyoti Structures: Wins ₹288 Crore Order from AESL Projects
Jyoti Structures Ltd has secured a ₹288 crore order from AESL Projects for the supply of transmission towers, strengthening its execution in the power infrastructure segment.
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