L&T Technology Services (LTTS) has inaugurated its first Engineering Intelligence Center of Excellence (EI CoE) in Europe, located in Munich, Germany. The Munich EI CoE marks a strategic milestone in LTTS’ Engineering Intelligence (EI) approach -leveraging deep-tech and embedding AI across the engineering lifecycle to enable intelligent products, autonomous operations and next-generation manufacturing systems. By combining deep domain engineering expertise with forward looking technologies including GenAI, Agentic AI, multimodal AI, Physical AI and edge intelligence, LTTS aims to help global enterprises move from AI experimentation to scalable, real-world industrial transformation.
Hexaware Technologies has entered into an agreement to acquire Consulting Professionals Services Holdings together with its wholly owned subsidiary Consulting Professionals Services (CPS). The transaction is expected to close within two weeks. Primarily based in the United Kingdom and the United Arab Emirates, CPS is a specialist technology consulting and professional services firm delivering high-value consulting covering regulatory compliance, technology infrastructure, governance and risk, and business transformation to an FTSE 100 client. Hexaware has an existing relationship with this FTSE 100 client and is among their top IT service providers. The acquisition of CPS is expected to consolidate client spend, strengthening Hexaware’s strategic positioning within the client’s consolidated supplier landscape.
Vikran Engineering has executed a Share Purchase Agreement (SPA) for acquisition of 51% equity stake in NOPL Solar Projects (Target Entity), subject to customary conditions precedent as agreed between the parties. The acquisition is in line with the company’s strategy to expand its presence in the renewable energy sector. It will enable business diversification and support long-term growth through participation in solar energy projects.
RRP Defense has received a Purchase Order from Bharat Electronics, Machilipatnam Unit, a Government of India Enterprise, for supply of optical lens components. As per the delivery schedule specified in the Purchase Order, the company shall initially supply sample quantities prior to commencement of bulk deliveries. Thereafter, the first lot of supplies is scheduled within 8-10 weeks from the date of receipt of the Purchase Order, followed by phased monthly deliveries extending up to December 2026. The consideration for the aforesaid Purchase Order is Rs 29.83 crore plus applicable GST.
Power and Instrumentation (Gujarat) has received a Letter of Intent (LOI) from Greaves Cotton to act a channel partner for sales of DG Set in some cities of Gujarat. Under the said arrangement, the Company shall act as a channel partner for Sales activities of DG Sets in accordance with the terms and conditions stipulated in the LOI issued by Greaves Cotton.
Apollo Health and Lifestyle’s (AHLL) standalone Mother & Child and Fertility verticals, operating under the brands Apollo Cradle and Apollo Fertility respectively, have entered into a combination with Kids Clinic India’s Mother & Child and Fertility businesses operating under the Cloudnine brand, to create one of India’s largest integrated maternity and fertility care platforms with a strong presence across key markets. Following completion of the transaction, AHLL will hold a 9.9% stake in the combined entity, making it the largest non-financial shareholder of the platform.
KEI Industries has entered into Share Subscription and Shareholders’ Agreement (SSSA) and Solar Power Purchase Agreement (SPPA) on May 20, 2026 to subscribe/acquire 26% (along with other captive users) of its Securities i.e. Equity Share Capital and Compulsory Convertible Debentures (CCD) of Solarcraft Power India 24 for an investment of Rs 5.90 crore, in one or more tranches, to source solar power as a captive consumer for a capacity upto 11.25 MW located in the State of Rajasthan.
