Garuda Construction Shares Rise 5% in 11 Days Since Subsidiary Signed MoU for Jeddah Tower
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 Shares Rise 5% in 12 Days Since ₹545 Cr MoU with Lachaussee SA
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.
Greaves Cotton Shares Soar 20% in 13 Days Since 12V15 750 HP Engine Unveiling
Greaves Cotton Limited has introduced its new 12V15 750 HP Fire Fighting Engine at the FSIE Expo 2026 in Mumbai. This launch marks a significant expansion of the company's Industrial Solutions portfolio, targeting high-performance applications in the mission-critical fire safety 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.
Morepen Labs Completes Phase 1 Expansion; API & CDMO Capacity Hits 614 KL
Morepen Laboratories has successfully finished the first phase of its manufacturing capacity expansion program ahead of its internal deadline. The expansion increases the company's total installed reactor capacity for API and CDMO operations from 535 KL to 614 KL, supporting a strategic shift toward higher-scale commercial supplies.
Kalind Limited Bags ₹50 Crore International Mining Equipment Contract in Ghana
Kalind Limited has secured a significant international work order valued at approximately ₹50 Crore from AME SAKI Mining and Construction Limited in Ghana. The contract involves the deployment of heavy earthmoving machinery and skilled technical support for gold mining operations in the Tarkwa region.
Sarveshwar Foods Shares Jump 11% in 10 Days Since ₹84.55 Crore Fund Raise Approval
Sarveshwar Foods has announced a capital infusion plan involving the issuance of 22.25 crore fully convertible warrants to raise approximately ₹84.55 Crore. The board-approved preferential allotment aims to bolster the company's long-term financial resources and includes significant participation from the promoter group.
Ola Electric Board Approves ₹1,500 Crore Fund Raise and Capital Base Expansion
Ola Electric Mobility Ltd has approved an enabling resolution to raise up to ₹1,500 crore through the issuance of equity shares or convertible securities. The board also approved an increase in authorized share capital and confirmed several key leadership changes and the upcoming annual general meeting schedule.