Larsen & Toubro (L&T) has signed a Memorandum of Understanding (MoU) with TuTr Hyperloop, an IIT Madras-incubated deep-tech mobility start-up, to explore opportunities in the development and deployment of next-generation mobility technologies and infrastructure in India. The MoU establishes a framework for jointly exploring and pursuing opportunities in the emerging mobility ecosystem, with project-specific engagements to be undertaken through separate agreements.
Hyundai Motor India has inaugurated its state-of-the-art manufacturing facility based in Talegaon, Pune, in Maharashtra, marking a significant step in the company's growth story in India. Developed as one of the company’s most advanced manufacturing facilities globally, the Pune plant combines Industry 4.0 technologies, AI-enabled production systems, advanced quality management processes and a fully integrated digital manufacturing ecosystem. The Pune plant also houses a state-of-the-art engine shop with advanced manufacturing technologies, producing 150,000 engines annually to support vehicle production.
Axiscades Technologies has completed the acquisition of 100% of share capital of Ulosia Holding AG, a company incorporated under the laws of Switzerland. Consequently, Ulosia Holding AG has become a wholly-owned subsidiary of the company with effect from October 14, 2026.
Om Power Transmission has received a Letter of Acceptance (LoA) from Uttar Gujarat Vij Company for turnkey based contract for conversion of existing electrical line network into underground cable network with associated activities at Ambaji at a contract price of Rs 101.56 crore (Including GST).
Prospect Consumer Products has commenced supplies of its products under the brand ‘DriFrutz’ to DJT Retailers, which operates under the brand ‘Deerika’. The company has commenced supplies of its retail products as well as gifting products to DJT Retailers as part of its ongoing efforts to expand its distribution and retail network. The supplies comprise various products and gifting hampers under the DriFrutz brand.
Shree Cement’s wholly owned subsidiary -- Shree Global FZE, UAE has received approval for incorporation of a new wholly owned subsidiary by name Shree International Trading (Shanghai) in the People’s Republic of China. The company will be incorporated with a broad objective of engaging in the business of import, export and trading in relation to machinery, equipment, industrial products, environmental protection equipment, and other allied products and services. The Board of Directors of the company, at its meeting held on October 14, 2026, has approved the same.
Capri Global Capital has received approval for raising of funds up to Rs 4,000 crore by way of equity shares / debt securities / convertible securities / warrants and/or any other securities or instruments, through one or more permissible modes, including a rights issue, preferential issue on a private placement basis, public issue, qualified institutions placement, Foreign Currency Convertible Bonds (FCCBs), External Commercial Borrowings (ECBs) or any other method as may be permitted under applicable laws, subject to such regulatory and statutory approvals, including the approval of the shareholders of the Company, as may be required. The Board of Directors of the Company at its meeting held on October 14, 2026, has, inter alia, considered and approved the same.