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MoneyWorks4Me

NIS Management, Gravita India and Dr. Lal PathLabs to see some action today

20 Aug 2026 Evaluate

NIS Management has been awarded a work order by Office of Chief Engineer (Patna), Building Construction Department for the Housekeeping, Operation & Maintenance Services for Officers Housing Premises at Gardanibagh, Patna. The total value of the work order is Rs 14.65 crore, inclusive of applicable taxes.

Gravita India is planning to add 59,200 Metric Tonnes Per Annum (MTPA) of copper recycling capacity at its Mundra, Gujarat facility. The proposed copper recycling capacity will be primarily involved in the processing of copper-bearing recyclable materials, enabling the company to recover copper and other valuable materials through its recycling capabilities.

Dr. Lal PathLabs’ wholly owned subsidiary -- Dr Lal PathLabs FZCO, Dubai, United Arab Emirates has incorporated a Company in Tashkent, Uzbekistan named ‘Dr Lal PathLabs Indomed LLC’ on August 19, 2026, and has agreed to subscribe 70% of its share capital. The said company has been incorporated to strengthen the Group’s presence in Tashkent, Uzbekistan. 

Autoline Industries has secured a new business award from Tata Motors Passenger Vehicles for the supply of four critical components for hatchback applications. Following the scheduled programme ramp-up and subject to customer production schedules and actual requirements, the business is expected to generate annual incremental revenue of approximately Rs 80 crore. The associated tooling is expected to contribute one-time revenue of approximately Rs 30 crore.

Kiri Industries has incorporated a wholly owned subsidiary, Kiri Capital (IFSC), on August 19, 2026. Kiri Capital (IFSC) has been established for managing the treasury functions of the entire Group and serving as the holding company for the Group’s overseas subsidiaries.

Hexaware Technologies has introduced ‘Zero Vulnerability’, a cybersecurity offering built for a growing problem facing enterprises. AI is helping vulnerabilities surface faster, while security and engineering teams still have finite capacity to investigate and fix them. Delivered through Zerovity, the company’s AI-led delivery layer, the Zero Vulnerability offering combines its cybersecurity expertise, engineering, AI, and remediation operations across all variants of IT systems, including custom applications, SaaS and PaaS environments, third-party software, and operating systems.

Lapl Automotive has commenced the construction of its upcoming Unit IV manufacturing facility at Chhatrapati Sambhajinagar, Maharashtra. The proposed facility is being developed to support the company's future growth, enhance its manufacturing capabilities, cater to increasing customer requirements and progressively strengthen its in-house manufacturing capabilities.