Firstsource Solutions Recognized as Horizon 3 Market Leader
Firstsource Solutions has been named a Horizon 3 Market Leader in HFS Research’s HFS Horizons, marking recognition for its strong positioning in the outsourcing and digital solutions space.
Adani Power Gets Nod for Dhirauli Mine Operations
Adani Power has received approval from the Ministry of Coal to start operations at its Dhirauli captive mine in Madhya Pradesh, with a peak capacity of 6.5 MTPA.
TCS Wins €550 Million Digital Deal with Tryg
TCS has partnered with Tryg on a €550 million, seven-year deal to drive large-scale digital transformation initiatives.
UPL to Acquire Decco Post-Harvest Business for $502 Million
UPL’s subsidiary will acquire the Decco Post-Harvest business for an enterprise value of $502 million (₹4,420 crore), boosting its agri-solutions portfolio.
CMS Info Systems Secures IPPB ATM Contract
CMS Info Systems confirmed that its contract for 1,000 ATMs from IPPB forms part of its Q1 order book.
DCM Shriram Signs Chlorine Supply Deal with Aarti Industries
DCM Shriram has entered into a long-term supply agreement with Aarti Industries for chlorine procurement.
Heubach Colorants Open Offer by Sudarshan Europe B.V.
Sudarshan Europe B.V. will acquire up to 60.01 lakh equity shares of Heubach Colorants at ₹602.03 per share, totaling ₹361.29 crore.
SBI Issues $500 Million Senior Unsecured Bond
SBI’s London branch has issued a $500 million fixed-rate bond with a five-year maturity at a 4.50% semi-annual coupon, listed on SGX and NSE-IX.
Quadrant Future Bags ₹129 Crore RailTel Order
Quadrant Future has won a Letter of Award worth ₹129 crore from RailTel for supply, installation, and commissioning of KAVACH equipment.
Ugro Capital to Raise Funds via NCDs
Ugro Capital will raise funds through the private placement of non-convertible debentures.
Hexaware Achieves AWS Premier Tier Partner Status
Hexaware has reached the AWS Premier Tier level, the highest partner recognition in the Amazon Web Services ecosystem.
Adani Energy Cancels $44.66 Million Debt, Forms New Subsidiary
Adani Energy Solutions repurchased its 2031 senior notes worth $44.66 million, funded through internal cash flows, and incorporated a new wholly owned arm: Adani Energy Solutions Step-Fifteen.
Vedanta Fully Repays $100 Million Canara Bank Loan
Vedanta Resources has repaid its $100 million loan from Canara Bank, leading to release of pledged shares.
Crompton Greaves Wins ₹4.2 Crore Solar Pump Order
Crompton Greaves has secured an order for 159 solar PV water pumping systems worth ₹4.2 crore.
YES Bank Gets CCI Nod for Sumitomo Mitsui Investment
The Competition Commission of India (CCI) has cleared Sumitomo Mitsui Banking Corporation’s investment in YES Bank through acquisition of share capital and voting rights.
AstraZeneca Surrenders Manufacturing Licence
AstraZeneca voluntarily surrendered its manufacturing licence (valid till Dec 2027) to the Drugs Controller and Licensing Authority.
CE Info Acquires Stake in Gtropy Systems
CE Info has acquired 43,759 shares of Gtropy Systems for ₹24.9 crore, strengthening its digital solutions portfolio.
BHEL Gets Relief in ₹31 Crore GST Case, Dissolves Siemens JV
BHEL received a favorable order from CGST Commissioner, dropping a ₹31 crore demand, and also announced the dissolution of its JV with Siemens AG Germany as per NCLT order.
Cupid Secures ₹100+ Crore Export Orders
Cupid’s B2B export order book exceeds ₹100 crore, with key contracts from WHO/UNFPA, South Africa, Tanzania, and Kenya. Future orders expected from Brazil (₹40 crore) and Tanzania.
PNC Infratech Wins Varanasi Airport Project Bid
PNC Infratech has emerged as the L-1 bidder for a ₹297 crore development project at Varanasi Airport.
Kirloskar Ferrous Subsidiary Delisted in Luxembourg
A subsidiary of Kirloskar Ferrous has been delisted from the Luxembourg Trade Registry, ceasing to be part of the company’s structure.
Antony Waste Launches Step-Down Arm for Waste-to-Energy
Antony Waste has incorporated Kadapa Renew Energy, a step-down subsidiary, for a 15 MW waste-to-energy project in Andhra Pradesh.
Aditya Birla Capital Issues ₹100 Crore NCDs
Aditya Birla Capital has allotted ₹100 crore worth of secured listed NCDs on a private placement basis.
Waaree Energies Expands via Kotsons & Impact Grid Deals
Waaree Energies will acquire a 64% stake in Kotsons Pvt. Ltd. for ₹192 crore and a 100% stake in Impact Grid Renewables.
Indus Towers Expands into African Markets
Indus Towers board has approved expansion into Nigeria, Uganda, and Zambia, strengthening its ties with Bharti Airtel in international operations.
KPIT Technologies Invests in Helm.ai via SAFE Instrument
KPIT Technologies USA arm subscribed $10 million via SAFE, securing rights to future shares of Helm.ai’s capital stock.
MOIL Posts Record August Output, Up 17% YoY
MOIL achieved its best-ever August production of 1.45 lakh tonnes, with sales growing 25.6% YoY to 1.13 lakh tonnes.
Indian Bank Revises Lending Rates from Sept 3
Indian Bank has revised its MCLR and Treasury Bill Linked Lending Rates, effective September 3, 2025.