Steel Exchange India Signs 4-Year MoU With NMDC for Iron Ore Fines Supply
Steel Exchange India Limited has executed a Memorandum of Understanding with NMDC Limited to establish a framework for iron ore fines procurement. The four-year agreement focuses on sourcing high-grade material from NMDC’s upcoming facility in Visakhapatnam to power the company's integrated steel manufacturing operations.
Organic Recycling Systems Secures ₹92.41 Cr BPCL Order for Kerala CBG Plant
Organic Recycling Systems Limited, through its subsidiary SBESPL, has bagged a ₹92.41 Crore contract from Bharat Petroleum Corporation Limited (BPCL). The project involves setting up a Compressed Bio-Gas (CBG) facility in Kozhikode, Kerala, marking the company's third major win from BPCL within a single week.
Adani Enterprises Subsidiary AAHL to Raise ₹9,825 Crore from Global Investor Consortium
Adani Airport Holdings Limited (AAHL), a subsidiary of Adani Enterprises, has entered into binding agreements to raise ₹9,825 crore in primary equity capital. The investment from a consortium of marquee global and domestic investors values the airports platform at a pre-money equity valuation of approximately USD 18 billion.
RBI Grants Approval to ICICI Prudential AMC for 9.95% Stake Acquisition in CSB Bank
The Reserve Bank of India has authorized ICICI Prudential Asset Management Company Limited to acquire an aggregate holding of up to 9.95% in CSB Bank Limited. This regulatory clearance allows the asset manager to increase its stake through paid-up share capital or voting rights, contingent upon compliance with the Banking Regulation Act.
Gretex Corporate Services Expands Reach; Subsidiary Opens New Ahmedabad Branch
Gretex Corporate Services Limited has announced the opening of a new branch office in Ahmedabad through its material subsidiary, Gretex Share Broking Limited. This expansion is part of the company's strategy to strengthen its presence in key financial markets and support its growing merchant banking operations.
Ritco Logistics Secures ₹388 Crore in New Orders; TrucksUp Raises ₹78.26 Crore
Ritco Logistics announced a significant boost to its revenue visibility by securing ₹388 crore in new business during August 2026. The expansion is led by major long-term contracts with HRRL and IOCL, complemented by a successful growth financing round for its tech-subsidiary, TrucksUp Solutions.
Fermenta Biotech Signs Exclusive Licence with VIT Vellore for Vitamin B12 Technology
Fermenta Biotech Limited has signed an exclusive licence agreement with VIT Vellore for a natural in-situ Vitamin B12 fortification technology. This innovation allows for nutrient enrichment during the fermentation process of staples like curd and dosa batter, targeting widespread dietary deficiencies.
Kalyani Cast-Tech Partners with ITE Japan for IceBattery Tech; ₹1 Cr Reciprocal Investment
Kalyani Cast Tech Limited has entered into a strategic and technology collaboration agreement with ITE Japan to develop refrigerated containers using proprietary IceBattery technology. The partnership involves a proposed reciprocal investment of approximately ₹1 Crore by each party to facilitate manufacturing and product development.
Raymond Limited to Raise ₹214.71 Crore via Warrants Allotment to Minerva Ventures Fund
Raymond Limited has approved a preferential issuance of 33,28,686 convertible warrants to Minerva Ventures Fund to raise approximately ₹214.71 crore. The capital injection is intended to support the company's strategic growth following its recent corporate restructuring into engineering and real estate verticals.