Highway Infrastructure, Vintage Coffee and Adani Enterprises to see some action today

Highway Infrastructure has received the Letter of Acceptance (LOA) of Rs 328.77 crore for operation at Kaza Fee Plaza on Chilakaluripet-Vijayawada section of NH-16 from Km 355.000 to Km 437.500 (Length-82.5 km) in the state of Andhra Pradesh. The Letter of Award (LOA) was issued by National Highways Authority of India (NHAI) on December 9, 2025. 

Vintage Coffee and Beverages (VCBL) has signed a Memorandum of Understanding (MoU) with Government of Telangana on December 9,2025 at Telangana Rising Global Summit 2025, Bharat Future City, Telangana. As per the MoU, the company’s 100% subsidiary company Vintage Coffee will set up the Premium Freeze-Dried Coffee (FDC) plant in Telangana on 20 Acres land and Government of Telangana has agreed to facilitate clearances necessary for the aforesaid project under TG-IPASS. The company and Government of Telangana have come together to record their intentions through this MoU & the State Government and its agencies will extend all necessary assistance and cooperation, including expeditious grant of approvals, under the purview of the State Government, allocation of land in Food Processing Park and other approvals for speedy and successful implementation of the Project.  

Adani Enterprises’ wholly owned subsidiary -- Adani Airport Holdings has completed the acquisition of 99% stake in AGHPort Aviation Services (AGHPort) from Indo Thai Airport Management Services (IndoThai). Consequently, AGHPort has become a step-down subsidiary of the Company.

Zaggle Prepaid Ocean Services (Zaggle) has entered into an agreement with Mastercard Asia/ Pacific. Zaggle will offer MasterCard credit cards and other solutions to its customers and prospects and receive additional spend linked incentives. 

Anupam Rasayan India has signed a definitive agreement to acquire 100% equity stake in Jayhawk Fine Chemicals Corporation (Jayhawk) (part of the CABB group), a U.S. based specialty chemical company, for a purchase consideration of around $150 million. The purchase consideration accounts for payment against the equity value of Jayhawk and existing loans payable to the exiting shareholders. This acquisition represents a transformative step in Anupam Rasayan’s long-term strategy to expand its global CDMO presence and establish a strong foothold in the U.S. & global specialty chemicals market.

Setu by Pine Labs, has launched India’s first agentic bill-payments experience, designed to address two major challenges in bill payments: the fear of incorrect charges and the stress of missing due dates. While paying a bill takes minutes--keeping track of them takes hours. Most consumers in India spend a considerable amount of time tracking, checking, and paying their bills. Setu’s new agentic assistant handles this for the consumer by fetching every bill, identifying anomalies by comparing them with past patterns, and ensuring timely payments each month.

Oval Projects Engineering has received a new Letter of Acceptance (LOA) from PWD (R&B),Government Of Tripura for establishing 50 bedded Drug De-addiction centre at Santirbazar, South Tripura, District- Tripura, of total value amounting to Rs 13.23 crore.