GE Power India has received a purchase order from NTPC, for an amount of Rs 13.75 crore (excluding 18% GST) for Parts supply for Generator. The said order is expected to be completed in 40 weeks.
Apollo Micro Systems has entered into a Consortium Agreement with Redon Systems to collaborate on a manufacturing partnership. The objective of this consortium is to leverage the combined manufacturing capabilities of the for the procurement of Containerized Automatic Landing Module systems. Redon Systems is into design and manufacturing of Loitering Munition having successfully demonstrated their products to Indian Armed Forces. Apollo and Redon together through this Consortium Agreement would like to jointly manufacture systems for Loitering Munition and Allied Systems.
Poly Medicure has incorporated a wholly owned Step down subsidiary ‘Polyhealth’ in England and Wales on February 4, 2025. Polyhealth will aid the Poly Medicure in manufacturing and distribution of Medical Devices with great experiences for its customers. The focus will be on the supply chain and cater the Medical Devices market and/or any other activities ancillary and incidental thereto in England and wales and other parts of Europe also. The prime focus is to help the Poly Medicure to diverse and expand its geographical presence.
UltraTech Cement has commissioned an additional 0.6 mtpa grinding capacity at its existing unit situated at Sonar Bangla, West Bengal. This additional capacity will help the company to service composite cement demand in the east region and will also help to increase its blended cement ratio. Consequent to the above, the company’s total domestic grey cement manufacturing capacity stands at 166.31 mtpa. Along with its overseas capacity of 5.4 mtpa, the company’s global capacity stands at 171.71 mtpa.
Ethos has been allotted 20,00,000 equity shares of Rs 10 each at par aggregating to Rs 2 crore by way of subscription to the Rights Issue of RF Brands, Wholly Owned Subsidiary of the Company. There will be no change in shareholding of Ethos in RF Brands.
Oriental Rail Infrastructure has secured orders worth Rs 3.94 crore from Integral Coach Factory (ICF), Chennai, Indian Railways for Supply and Installation of 1063 Nos. of 3-Seater Complete Stainless Steel (Double) for EMU/3 PH Coaches. The order is to be executed by January 31, 2026.
United Spirits has decided to close its Hyderabad factory operations. This closure is part of the Supply Chain Agility Program approved in January 2023. The estimated closure date for factory operations at this unit is set for July 31, 2025.
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