🔹 Dr. Reddy’s Laboratories receives an Establishment Inspection Report from the U.S. Food and Drug Administration for its Srikakulam facility with a Voluntary Action Indicated (VAI) classification.
🔹 Garden Reach Shipbuilders & Engineers signs an MoU with Kalyani Strategic Systems to jointly develop advanced naval systems, unmanned platforms, and maritime capabilities.
🔹 Tata Elxsi launches its GenAI-powered platform DevStudio.ai aimed at accelerating automotive software engineering.
🔹 Zaggle Prepaid Ocean Services partners with Blue Star Limited to deliver employee expense management solutions.
🔹 Standard Engineering Tech signs an agreement with API Pharma Pharmaceutical Trading to support export expansion initiatives.
🔹 Bank of Baroda allots ₹10,000 crore worth of long-term green infrastructure bonds.
🔹 Bajaj Auto announces that KTM AG has fully repaid its €450 million secured term loan to Bajaj Auto International Holdings BV.
🔹 Associated Alcohols & Breweries board to meet on March 12 to consider conversion of warrants into equity shares.
🔹 CG Power and Industrial Solutions arm CG International Holdings Singapore to sell its 51% stake in Crompton Prima Switchgear Indonesia for 1 Indonesian Rupiah.
🔹 Tata Consultancy Services reportedly in advanced discussions to build more AI data centres in India to address a projected 10 GW demand by 2030.
🔹 Jio Financial Services allots 14.7 crore shares of Allianz Jio Reinsurance for ₹147.5 crore, taking its total investment to ₹150 crore.
🔹 DCX Systems secures an order worth ₹68 crore from Hindustan Aeronautics Limited.
🔹 Mangalore Refinery and Petrochemicals Limited clarifies that it has not declared force majeure and denies reports of halted fuel exports.
🔹 MOIL Limited increases prices of ferro-grade and chemical-grade manganese ore by 2%.
🔹 Synthiko Foils subsidiary acquires 55% stake in Metafin Technology for ₹1.5 crore.
🔹 JK Tyre & Industries to acquire 26% stake in Sunpulse Power for ₹5 crore and 26% in FPEL Burning Bright for ₹1.53 crore.
🔹 Amber Enterprises India sees HDFC Mutual Fund buying 2.7 lakh shares at ₹7,650 via bulk deal.
🔹 SAMHI Hotels to acquire 70% partnership interest in RARE India for ₹47.39 crore.
🔹 Shilpa Medicare receives National Company Law Tribunal approval for amalgamation of subsidiary Shilpa Therapeutics.
🔹 Mazagon Dock Shipbuilders confirms negotiations with the government are completed while clarifying it has no knowledge of a ₹99,000 crore defence deal.
🔹 Petronet LNG receives a force majeure notice from QatarEnergy and issues corresponding notices to Indian Oil Corporation, GAIL (India) Limited, and Bharat Petroleum Corporation Limited.
🔹 PDS Limited announces dissolution of subsidiary Fareast Vogue effective February 27.
🔹 Valor Estate to issue corporate guarantee for a loan taken by subsidiary DB View and acquire 49% stake in Bamboo Hotel for ₹597 crore.
🔹 Titagarh Rail Systems associate Firema transfers a business unit to Fabbrica Italiana Treni for €66 million.
🔹 Lemon Tree Hotels signs a new 49-room hotel property in Himachal Pradesh.
🔹 Bharat Forge subsidiary Kalyani Strategic Systems signs a strategic MoU with Garden Reach Shipbuilders & Engineers to co-develop indigenous marine engineering and propulsion systems.
🔹 Finkurve Financial Services (brand Arvog) partners with Godrej Finance Limited for a co-lending gold loan programme under Reserve Bank of India regulations.
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