Stocks in News today : 16 May 2025

(RVNL) has received LOA from Central Railway for ‘OHE Modification Work for Up-gradation of existing 1x25 KV Electric Traction System to 2x25 KV at Feeding System in Itarsi - Amla Section in Nagpur Division of Central Railway to meet 3000 MT Loading Target’. The aforesaid work is in the normal course of business of the company. has received approval for the raising of funds not exceeding Rs 10,000 crore in one or more tranches, through the issuance of eligible securities of the company by way of private offerings and / or on preferential allotment basis and / or qualified institutions placement or any other method or combination thereof as may be permitted under the applicable laws, subject to such regulatory / statutory approvals, as may be required. The Board of Directors of the company at its meeting held on May 15, 2025, inter-alia, has approved the same. has expanded its strategic collaboration with DNB Bank ASA (DNB), Norway’s largest bank, to accelerate the bank’s digital transformation. The collaboration will leverage company’s services, solutions, and platforms, including the Infosys Finacle platform to accelerate their IT modernization journey, improve resilience, and deliver enhanced customer experience. Vipul Organics has opened a Sales Office in the United States of America. After receiving the local approvals, all the necessary procedures have been completed and the office has been registered under the name Vipul Organics USA Inc. Based at the State of Delaware, this office will give a boost to the sales and marketing efforts of the company in USA as well as Central American Countries. In addition, stocks will be maintained at a warehouse that will ensure immediate deliveries to the customers.