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Organic Recycling Systems, Krsnaa Diagnostics and HCL Technologies to see some action today

22 Oct 2026 Evaluate

Organic Recycling Systems has entered into a Memorandum of Understanding (MoU) with Mahanagar Gas (MGL) to explore potential opportunities in the Compressed Biogas (CBG) value chain in Maharashtra and Karnataka. The MoU provides a framework for evaluating potential CBG projects, including feasibility assessments and potential offtake arrangements. The MoU is non-binding in nature, and any future commercial arrangements shall be subject to requisite approvals and execution of definitive agreements, wherever applicable.

Krsnaa Diagnostics has collaborated with AZmed, a globally recognised medical imaging company specialising in artificial intelligence (AI) solutions for radiology. The collaboration will evaluate AZmed’s AZtrauma solution, part of its Rayvolve AI suite, for the detection and triage of fractures, joint effusions, and dislocations on X-rays. The collaboration marks an important step in Krsnaa Diagnostics’ strategy to leverage advanced AI technologies that can strengthen its radiology operations, enhance reporting efficiency and build capacity for future growth.

HCL Technologies has launched its AI-powered Verification and Validation (V&V) offering, powered by NVIDIA’s simulation stack, agentic capabilities and open model strategy. Designed for automotive vehicle manufacturers and Tier 1 suppliers, the offering combines agentic AI, physical AI-powered simulation and intelligent orchestration to help automate elements of vehicle software validation workflows and accelerate releases.

Grasim Industries has commenced commercial production at its Epichlorohydrin (ECH) Manufacturing Plant located at Vilayat, Gujarat, with effect from October 21, 2026. The Plant has an installed production capacity of 50K Tonnes Per Annum (TPA). The commencement of commercial production marks a significant milestone in the company's growth strategy and further strengthens its downstream chlor-alkali derivatives portfolio. 

Praveg has commenced operations at Praveg Atoll’s Lakshadweep, located on the picturesque Thinnakara Island, Lakshadweep, from October 21, 2026. This launch marks another milestone in the company’s journey to develop distinctive hospitality destinations and strengthen its presence in India’s experiential tourism sector. Praveg Atoll’s Lakshadweep is designed to complement this distinctive natural setting by bringing together comfortable accommodation, leisure, recreation and hospitality services, enabling guests to experience the island’s scenic beauty while enjoying a range of modern amenities.

Shayona Engineering has received two Purchase Order from a domestic customer for supply of HDPE Pipe Components and Packing Materials. The aggregate value of both Purchase Orders is Rs 4.97 crore, inclusive of GST of 18%. 

Omnitech Engineering has secured commercial orders from leading Indian defence-sector organisations for the manufacturing and supply of precision-engineered components and sub-assemblies for critical defence applications. The orders mark an important step in the company’s expanding Aerospace & Defence business, reflecting its growing participation in strategic Aerospace and Defence manufacturing programmes and reinforcing its capabilities in precision machining, engineered fabrication and assembly.