Adani Enterprises, Rail Vikas Nigam and RailTel Corporation to see some actin today

04 Dec 2025 Evaluate

AdaniConneX, a joint venture of Adani Enterprises, has incorporated a wholly owned subsidiary (WOS) namely ‘AdaniConneX Hyderabad Three’ in India on December 3, 2025 to carry out the business of construction, development and operation of Data Center.

Rail Vikas Nigam has received Letter of Acceptance (LoA) from Southern Railway for Design, Supply, Erection, Testing & Commissioning of Traction Sub Stations (Scott-Connected) inclusive of Power Quality Compensating Equipment with Associated Switching Posts (SP/SSP) for 2x25 KV at Feeding System and SCADA & Automatic Fault Locator (AFL) in Jolarpettai Jn. Salem Jn. (JTJ-SA) Section of Salem Division of Southern Railway in connection with mission 3000MT loading target. Cost of work is Rs 145.34 crore.

RailTel Corporation of India has received the work order from Mumbai Metropolitan Region Development Authority for Selection of System Integrator (SI) for Design, Development and Implementation of Regional Information System for Mumbai Metropolitan Region and Urban Observatory at MMRDA, Mumbai. Broad consideration or size of order is Rs 48.78 crore (Excluding Tax).

Lemon Tree Hotels has signed its latest property, ‘Lemon Tree Hotel’, Pacific Mall, Jaipur. This property shall be managed by Carnation Hotels, a wholly-owned subsidiary of Lemon Tree Hotels Limited. It will further strengthen the company’s presence in Rajasthan, while catering to both business and leisure travellers for a fresh, vibrant, and value-driven experience.

JSW Steel has completed the acquisition of 100% equity interest in Saffron Resources (Saffron) on December 3, 2025, in accordance with the Share Purchase Agreement as amended from time to time. Consequently, Saffron has now become a wholly-owned subsidiary of the company.

Vintage Coffee and Beverages (VCBL) has launched 100% Pure Instant Coffee in India, marking a key step in expanding its presence in the fast-growing coffee and beverage market. Following the opening of the Vintage Coffee Cafe--a Lounge Cafe in Nerul, Navi Mumbai in September 2024, and the successful launch of two brands in the conventional Roast & Ground coffee segment on select e-commerce platforms, the introduction of instant coffee further strengthens the collaboration’s product portfolio and reach among Indian coffee consumers.

Sterling and Wilson Renewable Energy’s wholly owned subsidiary--Sterling and Wilson International Solar FZCO (SWFZCO) has incorporated a wholly owned subsidiary in the name of Sterling and Wilson Renewable Energy, Unipessoal LDA in Portugal. The object of the new subsidiary is designing, engineering, construction, supply, installation, testing, commissioning, operation and maintenance of solar energy projects.

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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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