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Infosys, Inox Wind and Rail Vikas Nigam to see some action today

23 Jul 2025 Evaluate

Infosys has extended its strategic collaboration with AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural machinery and precision agriculture technology. This new engagement spans IT infrastructure and HR operations, empowering AGCO with an efficient and future-ready operational framework. The transformation aims to enhance user experience through responsive IT solutions, simplicity, consistency and cost reductions via standardized processes as well as accelerated efficiency with scalable tools and automation technologies. 

Inox Wind (IWL) has bagged a 51 MW order from First Energy (FEPL), a Thermax Group company and a leading renewable energy solutions provider in the commercial & industrial (C&I) space in India. This is the first order awarded by FEPL to Inox Wind for the supply of IWL’s 3 MW class turbines having 140-meter hub height and rotor diameter of 145 meters. FEPL will set up these turbines at its project site being developed in Tamil Nadu through its SPV First Energy 10. Additionally, the order scope includes limited scope EPC services for the project including supervision, as well as multi-year operations & maintenance (O&M) services post the commissioning of the WTGs, to be implemented through the subsidiaries of IWL.

Rail Vikas Nigam (RVNL) has signed MoU with Ashraf Gulam Mohmed Theba, Oman. This MoU aims to establish an understanding between the Parties regarding the cooperative provisions of Business Development, Market Research & Analysis, Company Representation in Sultanate of Oman.

Rajoo Engineers has completed its Qualified Institutional Placement (QIP), raised Rs 160 crore. The QIP witnessed strong interest from Domestic and International Investors, reflecting robust confidence in the company’s growth trajectory and strategic vision. The Company plans to utilize the net proceeds to pursue inorganic growth through strategic acquisitions aimed at expanding scale, product offerings and market presence. The acquisition strategy focuses on complementary businesses, geographic expansion, technological advancement and synergy-driven growth opportunities. 

Nisus Finance Services Co has invested of Rs 115 crore through its Real Estate Special Opportunities Fund-I (RESO-I) in Kumar Vibe Properties (KVPPL). KVPPL is a 50:50 joint venture between Kumar Properties and Infrastructure led by Hitesh Jain and Vibe Realty led by Gopal Sarda. The portfolio comprises a luxury residential project in Khar West (Mumbai), an upscale mixed-use project in Goregaon West (Mumbai), and a premium housing project in NIBM (Pune). 

Jubilant Ingrevia has raised Rs 70 crore through Commercial Papers (CPs) on July 22, 2025. Maturity of the said Commercial Papers will be on September 15, 2025. Tenure of the instrument is 55 days. The Finance Committee, at its meeting held on October 23, 2024 approved issuance of Commercial Papers up to an amount of Rs. 600 crore outstanding at any point of time, in one or more tranches. The aggregate amount of Commercial Papers (including this issue) outstanding as on date is Rs 150 crore.

Prestige Estates Projects directly and through its wholly owned subsidiary has acquired 40% partnership interest in Apex Realty Ventures LLP. With this acquisition, the Apex Realty Ventures has now become wholly owned subsidiary of the Company. The company is holding 60% partnership interest in the Apex Realty Ventures and post this acquisition, the company with its wholly owned subsidiary will hold, directly and indirectly, 100% partnership interest.

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