The Ministry of Defence has signed contracts worth ₹2,500 crore for the procurement of tracked anti-tank weapon platforms and approximately 5,000 light vehicles for the Indian Armed Forces. These agreements were signed in New Delhi on March 27, 2025, in the presence of Defence Secretary Rajesh Kumar Singh. ₹1,801 Cr Contract for NAMIS (Tracked) Weapon …
Hindustan Aeronautics Limited (HAL), on March 27, 2025, signed an amendment to its Light Combat Aircraft (LCA) Mk1 Final Operational Clearance (FOC) contract. The original contract, signed on December 23, 2010, was valued at ₹5,989.39 crore. Following a revision in the delivery schedule, the amended value now stands at ₹6,542.20 crore. LCA Mk1A and Delivery …
Jio Financial Services Limited (JFSL) announced an investment of ₹1,000.24 crore in its wholly-owned subsidiary, Jio Finance Limited (JFL), as per the reports. The investment was made through the subscription of 1,73,77,412 equity shares at ₹10 each. As per the company’s regulatory filing, the funds will be used to support JFL’s business operations. As of …
Hyundai Motor India Limited (HMIL) informed the stock exchanges that it has been included in multiple prominent capital market indices, reflecting its growing significance in the Indian stock market. The company commenced trading on the Indian exchanges following its listing on October 22, 2024. The National Stock Exchange (NSE) has added HMIL to the prestigious …
HCLTech has been selected as a Design Solution Partner (DSP) under Samsung’s Advanced Foundry Ecosystem (SAFE™) program. This collaboration aims to enhance semiconductor innovation by leveraging HCLTech’s expertise in Engineering and R&D services. Offering Advanced ASIC Design Services Through the SAFE™-DSP program, HCLTech will provide application-specific integrated circuit (ASIC) design services to semiconductor clients utilising …
Infosys Limited has announced a successful collaboration with LKQ Europe, a leading distributor of automotive aftermarket parts. Utilising Infosys Cobalt, a suite of cloud-based solutions, Infosys has helped LKQ Europe adopt a unified digital HR platform across 18 countries. Advanced Analytics for Smarter Decision-Making As part of a five-year partnership, Infosys has implemented a Human …
Zensar Technologies has been selected by Tesco Insurance and Money Services (Tesco IMS) to lead a comprehensive digital transformation initiative. This collaboration aims to establish a cloud-first ecosystem, enhance scalability, and improve customer experiences. On March 28, 2025, Zensar Technologies share price opened at ₹691.05, up from its previous close of ₹688.25. At 9:34 AM, …
Aster DM Healthcare Limited has reinforced its investment in Alfaone Medicals Private Limited (AMPL) through a strategic transaction aimed at strengthening its capital structure and supporting business growth. This move follows the company’s earlier agreements regarding share subscription and loan-to-equity conversion. Loan Settlement and Capital Infusion The latest development involves settling the remaining unpaid amount …
Ashok Leyland, a key supplier of logistics vehicles to the Indian Army, has secured multiple defence contracts worth over ₹700 crore. These vehicles will support troop transportation, logistics, and other mobility needs under the Close-in Weapon Systems (CIWS) program. Range of Vehicles for the Armed Forces The new contracts include a variety of specialised vehicles, …
Adani Power Ltd has resumed full electricity supply to Bangladesh from its 1,600-megawatt coal-fired plant in Jharkhand after the country started making regular payments, according to Bloomberg. This move follows months of reduced power delivery due to outstanding dues and financial struggles faced by Bangladesh. Why the Supply Was Cut? In November, Adani Power Ltd …
