HCL Technologies, Zaggle Prepaid Ocean Services and Axiscades Technologies to see some action today

HCL Technologies and Pearson, the world’s lifelong learning company, have entered into multi-year strategic partnership to accelerate the transformation of learning, skills and workforce readiness in an AI-driven world. The partnership combines Pearson’s global expertise and scale in learning and assessment with HCL Technologies’ strengths in digital transformation, product engineering, and AI. Together, the companies will co-develop AI-powered products and services designed to close skills gaps, empower individuals to advance their careers, and help organizations adapt and succeed amid rapid technological change.

Zaggle Prepaid Ocean Services is all set to acquire equity shares or equity-linked securities i.e. 100% shares capital and voting rights in Rivpe Technology (Rio.Money) from the existing shareholders of Rio.Money for Rs 22 crore subject to execution of definitive agreements and completion of certain identified conditions precedent. In this regard, the company has executed a non-binding term sheet on July 29, 2025. The acquisition not only expands the company’s product offerings for existing user and customer base, it also adds a deep expertise on the UPI and facilitates its entry into the consumer credit card market. 

Axiscades Technologies, through its Defence Subsidiaries, has secured significant new orders, across airborne, naval, and radar-based platforms from premier Defence laboratories in India. These new orders reaffirm its commitment to indigenous development and further strengthens its position as a trusted partner in India’s journey toward Defence self-reliance. The orders involve development and supply of advanced sub-systems for some of the most sophisticated indigenous platforms being developed by leading Defence agencies like DRDOs and Defence PSUs.

Muthoot Microfin has opened its first branch in Mirza, Guwahati, Assam, taking the total count to 21 states and union territories. Strategically located, the branch is well-positioned to serve the greater Guwahati metropolitan area along with surrounding rural communities, thereby enhancing access to rural credit and contributing to the strengthening of the local financial ecosystem. This expansion represents a pivotal step in the company's mission to reach new untapped markets and deliver vital financial services to underserved communities across India's Northeast region.

Fermenta Biotech (Fermenta) has received the Certificate of Suitability (CEP) by the European Directorate for the Quality of Medicines & Healthcare (EDQM) for its Spray?Dried variant, VITADEETM 100 SD - CHOLECALCIFEROL CONCENTRATE (POWDER FORM) 100, 000 IU/g being manufactured at its Kullu, Himanchal Pradesh facility. Fermenta now becomes one of the only two companies globally to hold a CEP for this variant of Vitamin?D3. The approval underscores Fermenta’s adherence to the stringent European Pharmacopoeial Standards for manufacturing and product quality. 

Reliance Industries (RIL) has entered into a Joint Operating Agreement with Oil and Natural Gas Corporation (ONGC) and BP Exploration (Alpha) (BP) for the exploration Block GS-OSHP-2022/2 (Block). This Block in located off the western coast in Saurashtra basin and was awarded to RIL, ONGC and BP as part of Hydrocarbon Exploration and Licensing Policy. Parties will pursue exploration operation in the Block pursuant to the terms of award of the Block.

Tilaknagar Industries (TI) has received Board's approval for a preferential issue of securities (equity shares and warrants) amounting to Rs 2,296 crore. The issue price of Rs 382 per security is in compliance with the pricing determined under Regulation 164 of the SEBI ICDR Regulations.The company intends to utilize the proceeds raised through the Preferential Issue towards acquisition of Imperial Blue business division and general corporate purpose.