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September 24, 2025

Swiggy Ltd has announced that its board has approved the sale and transfer of its quick-commerce business, Instamart, to an indirect step-down wholly-owned subsidiary, Swiggy Instamart Pvt Ltd, through a slump sale. Key Details of the Transaction The transaction covers Instamart’s assets, liabilities, employees, intellectual property, and contracts,…

September 24, 2025

Bengaluru-based Sonata Software [NSE: SONATSOFTW, BSE: 532221], a leading AI-led modernization engineering company, has been awarded the 2025–2026 Microsoft AI Business Solutions Inner Circle Award. This marks the fifth time the company has received this recognition, underscoring its deep and sustained partnership with Microsoft. About the Inner Circle…

September 24, 2025

HCL Technologies (HCLTech), a leading global technology services company, has renewed and significantly expanded its long-term partnership with one of the world’s largest commercial vehicle manufacturers headquartered in Gothenburg, Sweden. The multi-year engagement reinforces HCLTech’s growing role in driving large-scale digital transformation across the global automotive sector. Strengthening…

September 24, 2025

Muthoot Microfin Limited, one of India’s leading microfinance institutions, has successfully mobilized ₹50 crore through the private placement of non-convertible debentures (NCDs). The issue reflects the company’s continued ability to attract institutional investors while diversifying its funding mix to support growth in the microfinance sector. Key Terms of…

September 24, 2025

Dilip Buildcon Ltd (DBL) has been declared the lowest (L-1) bidder for a major infrastructure project under the Kerala Industrial Corridor Development Corporation, valued at ₹1,115.37 crore. The project involves the design, construction, testing, commissioning, and operations and maintenance (O&M) of industrial corridor infrastructure at Pudussery Central and…

September 24, 2025

Infosys Ltd, a global leader in digital services and consulting, has announced an expansion of its long-standing strategic partnership with Sunrise, Switzerland’s second-largest telecom provider. The move, revealed on September 23, underscores a shared ambition to accelerate IT transformation and prepare the telecom major for an AI-powered future.…