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Wipro, Brigade Enterprises and Vodafone Idea to see some action today

15 May 2025 Evaluate

Wipro has partnered with Hachette UK (HUK), a leading publishing group based in the United Kingdom. The company will help modernize Hachette UK’s IT infrastructure through the implementation of SAP S/4 HANA. This adoption of the SAP S/4 HANA system, delivered on RISE with SAP, will allow HUK to transform its finance operations and core enterprise applications, providing increased agility and speed and significantly enhancing source-to-pay operations.

Brigade Enterprises has acquired a 5.41-acre land parcel on Velachery Road, Chennai, through an outright purchase. Situated in the prime location of Velachery and adjacent to Phoenix Market City, this acquisition is part of Brigade Group’s planned expansion in the Chennai market. The project will have a gross development value (GDV) of around Rs 1,600 crore, with a development potential of about 0.8 million square feet. The transaction value of the acquisition is about Rs 441.70 crore.

Vodafone Idea (Vi) is all set to launch its high-speed 5G services in Delhi NCR from May 15, 2025, marking a major milestone in its nationwide 5G rollout. The capital region joins Vi’s growing 5G footprint as part of the initial phase of the roll out, which has already seen launches in Mumbai, Chandigarh and Patna. The telco is all set to roll out 5G in all 17 priority circles, where it has acquired 5G spectrum, by August this year.

Ethos through its wholly owned subsidiary -- Ethos Lifestyle has inaugurated India’s first exclusive boutique of ‘Messika Paris’, the globally renowned French luxury jewellery brand. The boutique is located at Chanakyapuri in New Delhi. This marks Messika's official entry into the Indian luxury jewellery market through the Ethos Group and is a significant addition to the company’s curated portfolio of iconic global brands.

Emerald Finance has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management. This partnership aligns with Emerald’s broader goal of delivering efficient, technology-enabled financial solutions to underserved segments. Emerald sees strong potential in the bill discounting segment and plans to expand this offering as part of long-term growth strategy. 

Vraj Iron & Steel has entered into a Management consultancy Agreement with its associate company Vraj Metaliks for providing services in the plant situated at Bailadila Road, village Raikot, Tehsil Tokapal, District Bastar, Chhattisgarh. The purpose of this agreement is to provide management consultancy services, including but not limited to financial operations, strategic planning, and overall management for smooth operation of the Associate Company.  

Abans Enterprises has received approval for raising of funds by way of issuance of debt securities or other non-convertible securities, through private placement basis, listed or unlisted, for an amount not exceeding Rs 1,000 crore, in one or more tranches, subject to such approvals as may be required including that of shareholders/ regulatory and statutory approvals. The Board of Directors of the Company at their Meeting held on May 14, 2025 have, inter alia, considered, and approved the same. 


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