Asian Paints
Deferred production at its upcoming paint manufacturing unit in Madhya Pradesh; plans to commence operations within three years of obtaining environmental clearance.
Sun Pharma
Will conduct further clinical trials for its weight-loss drug, Utreglutide, and presented two research posters at Obesity Week 2025.
Indraprastha Gas (IGL)
Signed an agreement with MASAH Construction Co. to secure licensing for developing a natural gas distribution network.
Grasim Industries
Commenced commercial operations of the resin block at its Kharagpur paint plant with a 24 MLPA capacity, taking total resin capacity across Birla Opus plants to 92 MLPA and emulsion capacity to 376 MLPA.
Medplus Health
Subsidiary Optival Health received a suspension order for the drug license of its Andhra Pradesh retail store.
Tata Steel
Will terminate its JV with Australia’s BlueScope, acquire the remaining 50% stake for ₹1,100 crore, and make TBSPL a wholly owned subsidiary; TBSPL manufactures colour-coated and metal-coated steel products.
ONGC
Announced lifting of Force Majeure on the Area 1 Mozambique LNG project, enabling construction to resume for early completion.
State Bank of India (SBI)
Entered into an agreement with Care Ratings to acquire a 9.9% stake in its subsidiary, CareEdge Global.
Care Ratings
Approved partial divestment of CareEdge Global, selling 9.9% each to SBI and NSE IFSC; will retain an 80.2% stake post-transaction.
Divgi TorqTransfer Systems
Secured a ₹62 crore order from Toyota Tsusho India for its transfer case business.
Cosmo First
Formed a 50:50 joint venture with Filmax Corp in South Korea to expand its specialty films business.
Gabriel India
Revised its JV agreement with Inalfa Roof Systems Group BV and IGSSPL; signed a brand-licensing deal for Inalfa trademarks in India, with Inalfa acquiring a 35% stake in IGSSPL.
Healthcare Global Enterprises (HCG)
Approved investments of up to ₹110 crore in subsidiaries HCG Kolkata Cancer Care, HCG Oncology Hospitals, and HCG NCHRI Oncology.
Vodafone Idea
Shareholders approved via postal ballot the appointment of Abhijit Kishore as CEO, with 99.52% of votes in favour.
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