As a part of a multi-year know-how transformation program, Northern Belief has expanded its strategic relationship with Tata Consultancy Companies to boost its international securities settlements platform, which spans 99 international markets. Northern Belief has leveraged TCS BaNCS™ for company actions and revenue processing since 2017. This newest collaboration offers Northern Belief entry to the TCS BaNCS™ World Securities Platform which presents multi-entity, multi-market and multi-asset class capabilities to assist create an built-in securities again workplace and streamline commerce processing and settlements.
Aarti Medicine knowledgeable the exchanges that the Firm Secretary & Compliance Officer has obtained an Administrative Warning letter issued by Deputy Normal Supervisor, Investigation Division of SEBI for violation of SEBI (Prohibition of Insider Buying and selling) Laws, 2015 in reference to investigation into buying and selling actions of sure entities within the script of Aarti Medicine Restricted. In line with SEBI, the corporate didn’t take ample steps to acquire requisite particulars and establish all of the speedy family members of the Designated Individuals of the Firm.and Code of Conduct on PIT was not made relevant to the sure speedy family members of designated individuals.
Ok&R Rail Engineering, a BSE SmallCap firm, has secured an order from government-owned Indian Port Rail and Ropeway Company Restricted, which is a primary of its form three way partnership between 11 main ports below the Ministry of Ports, Delivery and Waterways, holding 90 per cent of fairness capital, and Rail Vikas Nigam Restricted (RVNL) below Ministry of Railways, holding 10 per cent of fairness capital. The quantity of the tasks ranges from Rs 50 to 5000 crore, it mentioned.
IIFL Services Companies has purchased further shares of Avanti Feeds for Rs 470 crore by way of an open market transaction. In line with the block deal knowledge accessible on the Nationwide Inventory Alternate (NSE), IIFL Services Companies bought 59.77 lakh shares or 4.4 per cent stake in Avanti Feed s at a mean worth of Rs 786.
The NCLAT has issued a discover to Adani Group entity Ambuja Cements over a plea by Alok Sanghi, former promoter of Sanghi Industries, which was acquired by Ambuja in 2023. Passing an interim order on Tuesday, the appellate tribunal has stayed the order of the Ahmedabad-bench of NCLT which had directed initiation of insolvency proceedings towards Alok Sanghi saying “in pursuance of the impugned order, no additional steps shall be taken.” The Nationwide Firm Legislation Appellate Tribunal granted two weeks’ time to Ambuja Cements and directed to record the matter on April 14, 2025. Alok Sanghi has moved NCLAT towards an order handed by the Nationwide Firm Legislation Tribunal (NCLT) on February 25, 2025, in an utility below Part 95 of IBC filed by Ambuja Cements over the non-public assure of Rs 84 crore by him.,
Coromandel Worldwide Ltd, a part of the diversified conglomerate Murugappa Group, has set a goal to double the sulphur manufacturing capability to 50,000 tonne and has opened the second manufacturing plant in Andhra Pradesh on this connection, a high official mentioned. The power in Visakhapatnam is geared toward guaranteeing a gradual provide of high-quality Bentonite Sulphur fertilisers to the farmers.
Bharat Electronics Ltd (BEL) has obtained further orders value ₹577 crore since February 20, 2025, bringing the defence public sector enterprise (PSU)‘s complete order e-book to over ₹13,000 crore for the present fiscal 12 months 2024-25 (FY25). “Main orders embody airborne digital warfare merchandise, a complicated composite communication system for submarine, doppler climate radar, prepare communication system, radar upgradation, spares, providers, and so on. With these, the full accrued orders obtained by BEL in the course of the present monetary 12 months stand at Rs.13,724 crore,” added BEL in its change submitting.
Jay Bharat Maruti has hiked its shareholding in JBM OGIHARA Die-Tech (P) Ltd to 49 per cent, from from 39 per cent, by buying fairness stake from its three way partnership accomplice OGIHARA Thailand Co Ltd. JBM OGIHARA Die-Tech (P) Ltd (JODT) — a three way partnership of Jay Bharat Maruti Ltd (JBML), JBM Auto Ltd (JBMA) and OGIHARA Thailand Co Ltd (OTC) — is within the enterprise of producing and promoting press stamping dies and is a Tier 1 provider of Maruti Suzuki India Ltd (MSIL). BML has additional acquired 25,00,000 fairness shares (10 per cent) of JODT, an affiliate firm, from its present shareholder OTC, the corporate mentioned in a regulatory submitting.
Kalpataru Tasks Worldwide Ltd (KPIL) on Thursday introduced securing new orders value Rs 2,306 crore within the home as properly the worldwide markets, taking its complete order e-book to Rs 22,500 crore. The worldwide orders have been bagged by its transmission & distribution (T&D) enterprise, whereas the buildings enterprise has received orders in India, KPIL mentioned in an announcement.
The Board of Laurus Labs has accredited funding of Rs 83.30 crore in KRKA Pharma (KRKA), a three way partnership of the Firm. Additional, KRKA d.d., Novo mesto, Slovenia (co-venturer) shall additionally make investments an equal quantity thereby, sustaining the prevailing shareholding ratio of 51:49 between KRKA d.d., Novo mesto and Laurus Labs. The aim of this funding is to accumulate land and to satisfy preliminary value of establishing of a producing facility for manufacturing of completed merchandise for the brand new markets, together with the Indian market. This funding aligns with the corporate’s strategic development plans and long-term enterprise goals.
Biocon Biologics Ltd, a completely built-in international biosimilars agency, a subsidiary of Biocon, introduced a collaboration with Civica Inc. Below this settlement, Biocon Biologics will provide Insulin Aspart drug substance to Civica, for use to provide the ultimate Insulin Aspart drug. The transfer goals to boost entry and affordability of Insulin Aspart within the US.
Brigade Group has launched Brigade Altius, a undertaking with a income potential of ₹1,700 crore. This comes as the corporate goals to double its development in Chennai throughout residential, industrial, retail, and hospitality sectors, in accordance with Pavitra Shankar, Managing Director, Brigade Enterprises Ltd.
Rail Vikas Nigam (RVNL) has emerged because the lowest bidder (L1) for the availability of a 2×25 KV Overhead Gear (OHE) and Energy Provide Set up (PSI) system from South Western Railway, with the undertaking valued at Rs 156.35 crore. The mentioned contract includes Engineering, Procurement, and Building (EPC) for the design, provide, erection, testing, and commissioning of the 2×25 KV OHE and PSI system.
RITES has obtained Letter of Acceptance for Finishing up Remaining Location Survey involving Preparation of DPR, Remaining Alignment Design, Site visitors Survey Report, ROR calculations, Detailed Estimate and Preparation of EPC paperwork for Excessive Pace Elevated Rail Hall between Hyderabad- Benguluru and Hyderabad-Chennai utilizing Fashionable Survey Methods e.g. Airborne or Terrestrial LIDAR” from South Central Railway and formal settlement shall be executed sooner or later. The worth of the order is Rs 27.96 crore.
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