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MoneyWorks4Me

Cipla, Afcom Holdings and Diamond Power Infrastructure to see some action today

04 Sep 2026 Evaluate

Cipla’s wholly owned subsidiary -- Invagen Pharmaceuticals Inc has entered into a strategic partnership with Qilu Pharmaceutical Co., for the exclusive licensing and supply of QL2107, a biosimilar to Keytruda (pembrolizumab), for the United States. As part of the agreement, Qilu will be responsible for development, regulatory registration and supply of the product while Cipla USA Inc. will be responsible for the commercialization of the asset by leveraging its strong commercial presence in the defined territory.

Afcom Holdings has executed a Letter of Intent (LoI) with The Boeing Company for the acquisition of up to four Boeing 777-8F Freighter Aircraft. The proposed addition marks a significant step in AFCOM’s fleet expansion and international growth strategy, strengthening its capabilities for long-haul air cargo operations and international connectivity across key trade corridors. This marks a significant step towards Afcom’s vision and its growth.

Diamond Power Infrastructure has received a Letter of Acceptance for the supply of 66 kV Extra High Voltage (EHV) underground power cables. The order has been placed by a domestic EPC contractor executing a 66 kV transmission project in Gujarat, and covers the supply of 2,92,985 metres - around 293 kilometres - of 38/66 kV (E), 1 core, 630 sq. mm. aluminium conductor, XLPE insulated, copper wire screened, aluminium corrugated sheathed, HDPE outer sheathed underground power cable, delivered on an FOR site basis. 

Coffers Finvest has entered into a tie-up / business arrangement with Innotech Creditsea Platforms (CreditSea), a service provider, for availing its services in connection with the company’s lending and related business operations. The arrangement is intended to facilitate and support the company in its business and lending operations and to enhance operational efficiency and customer outreach.

D. P. Abhushan is all set to inaugurate its new showroom under the brand name ‘D. P. Jewellers’ at Dahod, Gujarat, on September 24, 2026. The new showroom is part of the company's ongoing retail expansion strategy and is expected to strengthen its retail presence and enhance accessibility of its products and services to customers in the region. The inauguration marks an important step towards further strengthening the company's retail presence in Gujarat and expanding its customer base.

Avalon Technologies and Zollner Elektronik AG (Zollner), a leading European electronics manufacturing services (EMS) company, have formed a joint venture (JV) for PCBA, box-build and system integration manufacturing in India. The JV will serve customers across geographies in sectors including Health Care & Life Sciences, Test & Measurement, Rail and other Industrial verticals. Under the terms of the arrangement, Zollner will initially hold 51% and Avalon will hold 49% of the JV. Beginning three years after the start of commercial production at the JV's manufacturing facility, Avalon will have an option, subject to certain conditions, to acquire an additional 2% stake, taking its shareholding to 51% and making it the majority shareholder in the JV.

CFF Fluid Control has received the Contract for Supply of Services And Equipment from Various Customers totalling to around Rs 15.29 crore (Including Tax). The order awarded by domestic entities including Mazagon Dock Shipbuilders, Naval Dockyard, and Naval Group India. Delivery dates under the new contract are November 2026, February 2028, and August 2028.