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Dr Lal PathLabs to Acquire 70% Stake in SN Genelab
LALPATHLAB Dr Lal PathLabs is in focus in Friday’s market session after its board approved the acquisition of a 70% stake in Gujarat-based SN Genelab for up to ₹168 crore. The transaction also includes a performance-linked earn-out of up t…
Sterlite Launches High-Density Fibre Products for AI Data
STLTECH Sterlite Technologies Ltd (STL) has launched a new range of pre-terminated fibre trunk assemblies under its Neuralis portfolio, targeting hyperscale and enterprise data centres. The company said the new high-density cabling solutio…
Exide Industries Commissions Phase-I of 6 GWh Lithium Plant
EXIDEIND Exide Industries has announced the commissioning of Phase-I of its lithium-ion cell manufacturing facility through its material subsidiary, Exide Energy Solutions Ltd. The facility, located at Devanahalli in Bengaluru, has an init…
Ola to Consider Rights Issue for Fresh Capital Raise
OLAELEC Ola Electric Mobility has announced that its board will meet on September 28 to consider raising funds through a rights issue of equity shares. The proposed issue is intended to allow participation from eligible retail, institution…
Concord Biotech Approves 1:1 Bonus Issue
CONCORDBIO Concord Biotech has approved its first-ever 1:1 bonus issue, subject to shareholder approval. Under the proposal, eligible shareholders will receive one additional fully paid-up equity share of ₹1 each for every one existing sha…
Aditya Infotech Launches ₹1,500 Crore QIP for Expansion
CPPLUS Aditya Infotech, which operates the CP PLUS brand of surveillance and security products, has launched a Qualified Institutional Placement (QIP) to raise up to ₹1,500 crore. The company’s QIP committee approved the opening of the is…
Glenmark Receives US FDA Inspection Report for Goa Facility
GLENMARK Glenmark Pharmaceuticals has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration for its formulations manufacturing facility in Goa. The inspection, conducted from June 22 to June 30, has be…
HCLTech Expands AI-Led IT Transformation With UK Firm
HCLTECH HCLTech has been selected by M Group, an essential infrastructure services provider in the UK and Ireland, to modernize and transform its IT operations across more than 200 locations. Under the partnership, HCLTech will deploy its…
Indian Oil Approves ₹2,449 Crore NG Pipeline Project
OIL Indian Oil Corporation has approved an investment of ₹2,448.70 crore for developing a 424.65-km natural gas pipeline connecting Kochi in Kerala with Thoothukudi in Tamil Nadu. The project is aimed at strengthening gas infrastructure in…
GRSE Approves ₹2,896 Cr. Investment for Greenfield Shipyard
GRSE Garden Reach Shipbuilders & Engineers (GRSE) has approved a capital budgetary outlay of ₹2,896 crore for setting up a new greenfield shipyard at Raichak in West Bengal’s South 24 Parganas district. The proposed facility is part of GRS…
Waaree Energies Secures 2 GW Solar Module Supply Order
WAAREEENER Waaree Energies has secured an order to supply 2 GW of solar modules to a leading domestic solar developer. The company disclosed the order after the market close, stating that the modules will be supplied during FY27 and FY28.…
Mazagon Dock Signs MoU for Major Shipyard Project in A.P
MAZDOCK Mazagon Dock Shipbuilders has signed a memorandum of understanding with the National Shipbuilding & Heavy Industries Park in Andhra Pradesh to explore the development of a large shipbuilding facility in the state. The proposed pr…
HEG Subsidiary Wins 217.56 Battery Order From Indus Towers
HEGAM HEG has announced that its subsidiary, Replus Engitech, has received orders worth ₹217.56 crore from Indus Towers for the supply of lithium-ion battery banks. The order adds to Replus Engitech’s growing business in energy-storage sol…
Welspun Wins ₹351 cr Ahmedabad Sewer Rehabilitation Orders
WELENT Welspun Enterprises has received two sewer rehabilitation projects worth a combined ₹351.24 crore from the Ahmedabad Municipal Corporation. The orders have been secured by its material subsidiary, Welspun Michigan Engineers, and inv…
SJS Stock Surges 6.92%: Vanguard Buying Puts Stock in Focus
SJS Enterprises shares surged 6.92% to ₹2,422.80 after Vanguard acquired a 1.24% stake. Track ₹2,950 resistance and ₹2,240–₹2,100 support levels.
SJS Enterprises SJS emerged as a key gainer in India’s auto-ancillary space on Friday, Septe…
Tata Stocks Slide as Tata Trusts Resist Tata Sons Listing
Tata group stocks fell on September 18 after Tata Trusts said it had not agreed to Tata Sons’ proposed listing. Tata Chemicals fell 11.14%. Tata group stocks faced selling pressure on September 18 after Tata Trusts reiterated that it had n…
Petronet LNG Stock in Focus: ₹1,200 Crore CBG Push
Petronet LNG PETRONET is in focus after the company approved a proposal to incorporate a 50:50 joint venture with Gruner Renewable Energy Private Limited to establish 10 compressed biogas (CBG) plants across the country.
Each plant is pl…
Tata Chemicals Jumps After US Unit Wins Soda Ash Contracts
TATACHEM Tata Chemicals shares surged after the company announced that its US subsidiary, Tata Chemicals North America (TCNA), was declared the successful bidder in the Chapter 11 bankruptcy proceedings of Searles Valley Minerals Inc. The…
Solar Industries Announces ₹12,951 Crore Acquisition
SOLARINDS Solar Industries India has announced a major international expansion through an agreement to acquire 100% of South Africa-based Omnia Holdings for approximately ₹12,951 crore. The all-cash transaction, valued at about $1.355 bill…
HFCL Approves ₹820 Crore Capacity Expansion
HFCL HFCL has approved an investment of ₹820 crore to expand its manufacturing capacity for optical fibre, optical fibre cables and optical fibre preforms. The company plans to increase its production capacity to around 43.1 million fibre…