Kranti Industries has received new purchase order (Sample Order) from Kalyani Technoforge. This order is valued at approximately Rs 13.6 lakh. This significant milestone reflects the company’s ongoing expansion into the electric vehicle (EV) sector. Kranti Industries will provide precision machined components to its customer Kalyani Technoforge, having the end application in electric vehicles, adding to its growing portfolio in the EV market.
Godrej Agrovet (GAVL) has signed a definitive agreement with Tyson India Holdings, an affiliate of Tyson Foods, Inc. to buy it’s 49 per cent stake in Godrej Tyson Foods (GTFL), a subsidiary of GAVL. Following the completion of the transaction, GAVL will now hold 100 per cent stake in GTFL thereby further consolidating its business.
AIA Engineering has executed Share Subscription and Shareholders' Agreement with Torrent Power (Sponsor) and Torrent Urja 16 (TUPL) to acquire / subscribe total 3,29,99,970 Equity Shares of Rs 10 of TUPL for setting up a captive Hybrid (Solar & Wind) Power Project in Gujarat. The company has also signed and executed Power Transfer Agreement (PTA) with Torrent Urja 16 for supplying contracted Hybrid (Solar & Wind) Energy to the Company as a Captive User.
Mufin Green Finance has raised Rs 30 crore through the allotment of rated, unlisted, secured, senior, redeemable, taxable, transferable, nonconvertible debentures denominated in Indian Rupees through private placement having a face value of Rs 10,00,000 each.
Nazara Technologies has incorporated a Wholly Owned Subsidiary Company named ‘Nazara Technologies UK’ in United Kingdom. The incorporation of Nazara UK aligns with the company's strategic objectives to expand its existing gaming business in UK.
Infosys has expanded strategic collaboration with ServiceNow to provide end-to-end managed services, leveraging AI capabilities of the Now Platform and the Infosys Enterprise Service Management Cafe (ESM Cafe) for enterprise business transformation. As part of this engagement, Infosys will aim to accelerate the ServiceNow implementation for enterprises such as First Abu Dhabi Bank (FAB), by almost 30 to 40 percent, allowing faster time-to-value - and also deliver a comprehensive suite of services and solutions.
Netweb Technologies’ promoters Sanjay Lodha, Navin Lodha, Vivek Lodha, and Niraj Lodha may reportedly sell 20.54 lakh shares of Netweb Technologies through block deals.