Wipro has introduced the appointment of Amit Kumar as Managing Accomplice and International Head of Wipro Consulting, efficient instantly. Amit will report back to CEO and MD Srini Pallia and be a part of the Wipro Government Board. The corporate stated he may also lead its efforts to drive consulting-led, AI-powered development and information shoppers by means of enterprise and know-how modifications. Kumar will leverage Wipro’s experience to ship transformative AI, knowledge, and trade options, serving to companies scale and develop amid digital disruption.
EMS Ltd has acquired Letter of Award for civil (Construction & Ending) and MEP Works for Multi-storeyed Group Housing Mission, “Orchards”, for Towers OCA- 1 to three and OCB- 1 to five at Jaypee Want City, Noida, Uttar Pradesh. The estimated order worth (excluding GST) is roughly ₹272.89 crore.
Fineotex Chemical Restricted has introduced that its revolutionary biotechnology-based mosquito management answer, AquaStrike Premium (formulation based mostly on Azadirachtin), by means of its wholly owned subsidiary FSPL Non-public Restricted has acquired approval from the Central Insecticide Board, Authorities of India for technical import and formulation beneath Pesticides Act, 1968.
Bharat Electronics Restricted (BEL), has signed a contract valued at ₹610 crore for provide of Electro Optic Hearth Management System (EOFCS) for Indian Navy. This totally indigenously developed system shall be put in and built-in on board Indian Naval Platforms. The system is able to panoramic/sector search, monitoring all sorts of targets throughout day/night time and engages the tracked targets with the medium vary and quick vary gun mounts.
The board of Kitex Clothes Ltd, after contemplating the advice and report of the Audit Committee and the Committee of Unbiased Administrators, has accepted a “Scheme of Association between Kitex Childrenswear and Kitex Clothes. The scheme, inter alia, gives for demerger of the textile enterprise division of the Demerged Firm into the Ensuing Firm (“Proposed Transaction”
Bharat Heavy Electricals Restricted (BHEL) has acquired a Letter of Intent (LOI) from Singareni Collieries Firm Restricted (SCCL) for EPC Pkg. of 1×800 MW Singareni Stage-II undertaking. : The order measurement is roughly ₹6,700 crore excl. taxes & duties.
Alembic Prescribed drugs has acquired Institution Inspection Report (EIR) with classification as “Voluntary Motion Indicated (VAI)” for the inspection carried out by US Meals and Drug Administration (USFDA) at its Strong Oral Formulation Facility (F-4) at Jarod, Vadodara. The inspection was performed from November 14, 2024 to November 22, 2024. In a separate discover, it has knowledgeable the exchanges that the USFDA performed a surveillance inspection on the group’s API Manufacturing website located at Ambernath in Maharashtra. The inspection was performed from February 10 to 14 and concluded with nil observations.
The Decision Plan submitted by JSW Power for KSK Mahanadi Energy Firm Ltd, which was accepted by the Committee of Collectors on January 13, 2025, has acquired the approval of the Nationwide Firm Regulation Tribunal, Hyderabad. As per the accepted plan, towards the admitted claims of over ₹26,094 crore, the KSK Mahanadi’s collectors will get ₹16,084.08 crore. The plan gives for upfront money cost of ₹15,985.08 crore to monetary collectors of KSK Mahanadi, which is sort of 50% of their admitted claims. The main monetary collectors embody Aditya Birla ARC Restricted, Prudent ARC Restricted, Energy Finance Company Restricted, Rural Electrification Company amongst others.
Uno Minda, a world Tier-1 provider of proprietary automotive methods and options to authentic gear producers (“OEMs”), is worked up to announce that its Board has accepted to extend stake in UnoMinda EV Programs Pvt Ltd (UMEV) from 50.10 per cent to 100 per cent by buying further fairness stake from its three way partnership accomplice FRIWO Geratebau GmbH. Together with further stake, Uno Minda by means of its subsidiaries may also purchase the Mental Property Rights, the know-how and R&D Workforce regarding the e-Drives Enterprise applied sciences together with the required management {hardware} and repair software program, from FRIWO’s areas in Germany and Vietnam.
