Force Motors, Jindal Steel & Power and Bharat Forge to see some action today

28 Mar 2025 Evaluate

Force Motors has won landmark order of 2,978 vehicles from the Indian Defence Forces. This significant order underscores Force Motors' enduring commitment to supporting India's defence capabilities through its robust range of General Service Vehicles. This association is a matter of pride for the organization, reinforcing the longstanding partnership with the Indian Defence Sector. These vehicles are tailored to meet the diverse operational requirements of both the Indian Anny and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments.

Jindal Steel & Power (JSP) has signed the agreement for the Saradhapur Jalatap East coal block. This acquisition stems from JSP's successful participation in Round - 11 of Commercial coal block auction recently conducted by the Ministry of Coal. This is a partially explored block with estimated geological resources at 3,257 million tonnes. The mine is located close to the Angul steel plant in proximity to Utkal C, Utkal B1 and Utkal B2 mines. The mine is located at around 11 km arial distance from the Angul steel plant.

Bharat Forge’s wholly-owned defence subsidiary -- Kalyani Strategic Systems (KSSL) has entered into a joint venture agreement (JV Agreement) with Duma Engineering Group S.L. (DUMA), for formation of a new joint venture company (JV Company) in Spain. This joint venture aims to collaborate for developing technology, product platforms and solutions relating to defence products to address Indian, European and certain other export markets.

Mahindra EPC Irrigation has been awarded contract from Office of the Asst Engineer, Community Micro Irrigation Project for supply of Micro Irrigation Systems for approximately 2625 H A. Broad commercial consideration or size of the order(s)/contract(s) is around Rs 13.12 crore. The said order is expected to be completed in 12 months.

Tech Mahindra has successfully implemented Enterprise Resource Planning (ERP) system for Coal India (CIL). The implementation has helped CIL establish a foundational data layer, providing comprehensive analysis and insights through reports and dashboards. Tech Mahindra deployed SAP-ERP across CIL's corporate office, Mahanadi Coalfields, Western Coalfields, and North-Eastern Coalfields. As part of the transformation project, Tech Mahindra also implemented a state-of-the-art Hospital Management System (HMS) in 21 hospitals across CIL’s subsidiaries.

Infosys has collaborated with LKQ Europe, one of the leading distributors of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in the region. Leveraging Infosys Cobalt, a set of services, solutions, and platforms designed to help enterprises accelerate their cloud journeys, Infosys has helped LKQ Europe adopt a unified, cloud-based digital platform to streamline its HR processes across 18 countries.

Standard Capital Markets (SCML) has incorporated a wholly-owned subsidiary in the Dubai International Financial Centre (DIFC). This strategic move aims to strengthen the company's foothold in the Middle East and African markets, with a particular focus on expanding its offerings in trade finance, invoice discounting and project finance. The establishment of the Dubai-based subsidiary is a part of SCML’s ongoing efforts to diversify its services and expand its presence beyond the Indian market.

Force Motors, Jindal Steel & Power and Bharat Forge to see some action today

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