Stocks in News today : 5 May 2025

’s wholly owned subsidiary -- Tech Mahindra London (TMLL) has entered into a definitive agreement to acquire Mahindra Racing UK (MRUK) from Mahindra Overseas Investment Company (Mauritius) (MOICML). MOICML is a wholly owned subsidiary of Mahindra & Mahindra (M&M). This deal, executed through a share purchase agreement, involves TMLL acquiring 100 per cent shareholding in MRUK for a cash consideration of GBP 1.2 million (around Rs 13.5 crore). has completed the acquisition of Australian cybersecurity services firm The Missing Link in an all-cash deal of Australian dollar (AUD) 98 million (about Rs 532 crore). The company has acquired the firm through its wholly-owned subsidiary Infosys Singapore Pte. The acquisition strengthens Infosys' cybersecurity capabilities while bolstering its presence in the fast-growing Australian market. AVG Logistics has secured a 6-year long term contract, for lease of Parcel Cargo Express Train (PCET) from the Indian Railways. This special train, connects Agartala (Tripura) / Guwahati (Assam) to Delhi / Ludhiana (Punjab) and will complete 4 trips every month over the next 6 years, totaling 313 trips during the contract tenure. The Carrying Capacity during the trip is expected to be 364 tones per trip for initial 6 months and will increase to 484 tons per trip later. The Express Train Service will cover the distance of 2768 kilometers in 90 hours ensuring expeditious, seamless connectivity between the two locations. has reported marginal rise of 0.49% in coal production to 62.1 million tonnes (MT) (Provisional) during April 2025 as compared to 61.8 MT (Provisional) in April 2024. However, in April 2025, coal offtake decreased by 1.25% to 63.4 MT (Provisional) from 64.2 MT (Provisional) in April 2024.