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Ashok Leyland, Zydus Lifesciences and Wipro to see some action today

04 Jun 2025 Evaluate

Ashok Leyland has bagged an order for supplying 543 nos. BSVI Diesel Chassis and Fully Built Buses to Tamil Nadu State Transport Corporation at a total consideration of Rs 183.80 crore (approximate). The said order is expected to be completed between June 2025 to December 2025.  

Zynext Ventures USA LLC (Zynext), the venture capital arm of Zydus Lifesciences (Zydus), has invested in Agenus Inc., a leading US-based immuno-oncology company developing next generation therapeutics for high-unmet need cancers. In addition to capital, Zynext Ventures will bring deep expertise in data analytics and access to a broad global network of biotech, regulatory, and clinical partners. This synergistic approach aims to unlock new avenues for Agenus, enabling the company to broaden the application of its BOT/BAL programme into earlier lines of treatment and address a wider spectrum of cancers with significant unmet medical needs. 

Wipro has won a multiyear deal with Entrust, a global leader in identity-centric security solutions, where the company will provide strategic resources, scale, and agility to help Entrust accelerate its growth. The company will utilize cutting-edge industry practices to assist Entrust in product development, infrastructure, and application modernization. The company will deploy Gen AI-powered solutions to redefine self-service, resulting in improved user experiences, swift query resolution, and reduced support response times. 

Techno Electric & Engineering Company has been selected by RailTel Corporation of India (RailTel) as Managed Service Data Centre Partner though open tender process on revenue sharing basis to design, build, finance and operate 10MW Data Centre in phases on RailTel’s land in Noida, subject to fulfilling of certain conditions in the Letter of Intent and signing of the Contract Agreement. The project will be set up under the digital platform arm of Techno Electric & Engineering Company, named Techno Digital.

Tata Consultancy Services (TCS) has expanded its two-decade-long strategic partnership with Virgin Atlantic, a premium long haul UK airline, to accelerate its digital transformation journey. Under this renewed seven-year agreement, the two organizations will deepen their collaboration to strengthen the technological foundations of Virgin Atlantic, enable modern airline retailing, deliver greater operational resilience, and enhance customer experience.

MOIL has recorded 1.71 lakh tonnes of manganese ore production in May 2025, registering an impressive 18% growth over the corresponding period last year (CPLY). This marks the highest-ever production for the month of May and the fourth-highest monthly production since inception. Additionally, exploratory core drilling touched 13,352 meters, reflecting a 17.5% increase over CPLY - reaffirming MOIL’s strategic push in expanding resource potential.

Piccadily Agro Industries has relaunched Whistler Barrel Aged Blended Malt Whisky, featuring an all-new, premium packaging and an enhanced premium blend that captures the spirit of craftsmanship and storytelling. Whistler Whisky has undergone a thoughtful transformation to better reflect its distinguished character and exceptional quality. Whistler’s new avatar is a true celebration of barrel ageing, maturation and the delicate art of blending. The finest matured malt and grain spirits have been handpicked and patiently aged in oak wood barrels, creating a whisky that’s smoother, more elegant and even more memorable than before.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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