Novartis India Enters Ophthalmology via ₹10 Crore Distribution Deal with NHPL
Novartis India Limited has secured exclusive promotion and distribution rights for the retina portfolio of Novartis Healthcare Private Limited in India. The agreement, involving an upfront payment of ₹10 crore, facilitates the company's strategic entry into the specialized ophthalmology therapy segment.
Axtel Industries Partners With IISc For Advanced Cryogenic Grinding Technology
Axtel Industries has entered into a strategic technology licensing agreement with the Foundation for Science, Innovation and Development (FSID) at the Indian Institute of Science (IISc). The collaboration focuses on the commercialization of an advanced cryogenic counter-rotating pin-disc impact milling system, developed indigenously under a government scheme.
RNFI Services Partners with ASRLMS to Expand Rural Doorstep Banking in Assam
RNFI Services Limited has entered into a three-year Non-Financial Memorandum of Understanding with the Assam State Rural Livelihoods Mission Society (ASRLMS). This strategic collaboration aims to integrate Self-Help Group (SHG) members as Business Correspondent Sakhis to enhance financial inclusion in rural Assam.
Garuda Construction Subsidiary Signs MoU for ₹1,800 Crore Jeddah Tower Project
Dream City Builders, a wholly owned subsidiary of Garuda Construction and Engineering Ltd, has signed a Memorandum of Understanding with Saudi-based Almasarat Company Limited. The partnership involves the EPC development of a landmark 93-storey twisting tower in Jeddah, estimated to generate potential revenue of ₹1,800 crore over five years.
NALCO Partners With EGA for 0.5 MTPA Aluminium Smelter Expansion in Odisha
National Aluminium Company Limited (NALCO) has signed a Technology Licensing Agreement with Emirates Global Aluminium (EGA) to deploy DX+ Ultra smelting technology. This partnership supports a 0.5 MTPA brownfield expansion at the Anugola smelter in Odisha, aimed at doubling the facility's total capacity.
Tembo Global Industries Signs ₹545 Cr MoU with Lachaussee SA for Ammunition Production
Tembo Global Industries has entered a strategic partnership with Belgium-based Lachaussee SA to establish an advanced ammunition production facility in India. The project, valued at approximately ₹545 crore, marks a major step in the company's diversification into the high-growth defense manufacturing sector.
Jindal Stainless Partners with Japan's JFE Steel for Ferritic Grade Technical Assistance
Jindal Stainless has entered into a Technical Assistance Agreement with JFE Steel Corporation to boost manufacturing capabilities for ferritic stainless steel. The collaboration targets product quality and process efficiency to meet rising demand in automotive and infrastructure sectors.
Oriental Rail Infrastructure Partners with VNICTT for 25-Tonne Axle-Load Bogie Design
Oriental Rail Infrastructure Ltd, through its subsidiary Oriental Foundry Private Limited, has signed a Technology Development Agreement with Russia's VNICTT. The partnership aims to develop high-capacity 25-tonne axle-load bogies and solid-bottom gondola cars for the Indian railway sector.
SK Minerals & Additives Partners with Italy's iPOOL s.r.l. for Flame-Retardant R&D
SK Minerals & Additives Limited has signed a strategic technical and commercial collaboration agreement with Italy-based iPOOL s.r.l. The partnership aims to accelerate research and development in flame-retardant additives and compounds, specifically targeting the electric vehicle and wire and cable sectors.