Tata Communications Partners with Tata Motors for 5G Connectivity in Sierra.ev
Tata Communications and Tata Motors Passenger Vehicles have joined forces to integrate in-built 5G connectivity into the new Sierra.ev. This collaboration leverages the MOVE platform to support software-defined vehicle capabilities and advanced AI applications.
Biocon Biologics Receives Japan MHLW Approval for Pegfilgrastim Biosimilar Marketing
Biocon Biologics, a subsidiary of Biocon Limited, has received marketing authorization from Japan's Ministry of Health, Labour and Welfare for its Pegfilgrastim biosimilar. The product, a biosimilar to Neulasta, will be exclusively promoted and distributed in Japan by Sandoz K.K.
VA Tech Wabag Bags Mega ₹1425 Crore Doha SWRO II Desalination Contract in Kuwait
VA Tech Wabag has formally signed a contract for the Doha SWRO Desalination Plant with Recarbonation System in Kuwait. This mega project marks the company's first major entry into the Kuwaiti market and significantly expands its footprint in the GCC region.
Sigma Advanced Systems Secures ₹1,600 Cr Long-Term Rolls-Royce Aerospace Contract
Sigma Advanced Systems Limited has secured a major long-term contract valued at approximately ₹1,600 crore (£125 million) from Rolls-Royce. The agreement will be executed via its UK-based subsidiary, Bromford Precision Solutions, focusing on the production of critical aeroengine components. This deal reinforces the company's dual-source manufacturing strategy across its Indian and British facilities.
Insolation Energy Subsidiary Secures ₹425 Crore Solar Project Order from MSEDCL
Insolation Energy Ltd's wholly owned subsidiary has received a Letter of Award for setting up nine solar power projects with a cumulative capacity of 99 MW AC. The contract, awarded by MSEDCL, involves a total investment of approximately ₹425 crore and ensures a stable revenue stream for 25 years.
TVS Supply Chain Solutions Inks Strategic MoU with Japan's Sankyu Inc; 0.5% Stake Sale Planned
TVS Supply Chain Solutions has signed a strategic Memorandum of Understanding with Japanese logistics major Sankyu Inc. to collaborate on integrated supply chain and engineering services. As part of this alliance, Sankyu Inc. intends to acquire a 0.5% equity stake in the Indian firm to strengthen long-term cooperation.
Lords Mark Industries Partners with ARKALL Holdings for ₹950 Cr Caribbean Expansion
Lords Mark Industries has entered into a strategic collaboration with ARKALL Holdings Limited to establish pathology labs and commercialise medical devices across the Caribbean. The partnership targets approximately $100 million in export revenue over the next five years through a phased rollout in 28 markets.
Indian Hotels Board Approves Amalgamation of Oriental Hotels with 25:117 Share Swap Ratio
The Indian Hotels Company Limited board has approved a Scheme of Arrangement to amalgamate its associate company, Oriental Hotels Limited, into itself. The move aims to consolidate the hospitality portfolio, unlock operational synergies, and simplify the group's corporate structure.
Oriental Hotels Ltd Board Approves Amalgamation with Indian Hotels Company Limited
Oriental Hotels Limited has announced a board-approved scheme of amalgamation with its promoter entity, The Indian Hotels Company Limited. The transaction involves a share-swap arrangement aimed at consolidating hospitality assets and leveraging the operational synergies of the larger Taj group network.