Paras Defense & Space Technologies has signed a Memorandum of Understanding (Mou) with Hevendrones Ltd, based in Israel, to explore opportunities in defense markets and civil drones. As part of the agreement, both companies intend to establish a joint business (JV) in India aimed at developing and manufacturing logistics and cargo drones. The association will align with the Make In India initiative of the Center and seeks to serve national and global markets
In a historical achievement for the energy sector of India, Panna -Mukta and Tobti (PMT) Partners – Shell (through BPIL), Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation Ltd (ONL) FacsessfistSyflityTy Faccessfistes Project with the safe elimination of the Field Field facilities. The PMT JV, operator of the fields of Tapti under a production contract shared with the government of India, includes a 40% participant interest, and RIL and BG Production & Production India LTD (Bepil-Shell) with 30% each. The Milestone project implies the elimination of five well -headed head platforms, associated box pipes, loading in the grounding courtyard and the insurance plug and abandonment of 38 wells executed in line with the approved dismantling plan. The production of the fields of Tapti ceased in March 2016, and this project demonstrates a high level of planning, coordination and compliance with the regulatory frameworks, while defending the highest standards of security and environment.
Bain Capital requested on Monday the approval of the CCI Fair Trade Regulator to acquire a significant participation in the non -banking financial company Manapppuram Finance through a several layer agreement. According to the proposed agreement, Bain Capital through its two affiliates – BC Asia Investments XXV and BC Asia Investments XIV – will acquire participations in Manappuram Finance Ltd (MFL). The proposal transaction implies four phases, where BC Asia Investments XXV will be subscribed to 9.29 fully paid MFL capital actions through private placement and preferential allocation.
Ichnos Glenmark Innovation (IGI), a subsidiary of Glenmark Pharmaceuticals, has said that the United States Food and Medicines Administration (FDA) has granted the designation of ‘Fast route’ to ISB 2001, its inverting therapy for multiple. The designation is specifically for the treatment of adult patients with recurrent or refractory multiple myeloma (RRMM), which have received at least three previous lines of therapy, including a proteasome inhibitor, an immunomodulatory agent.
IRCON INTERNATIONAL has packed a work order worth ₹ 187.08 million rupees (Excl. GST) of the state of Kerala in IT infrastructure for the construction of a rural industrial park dedicated in the district of Thiruvananthapuram. This order will be executed in 30 months.
Senores Pharmaceuticals, Inc., USA (SPI), subsidiary of Pharmaceuticals senores, through its absolute property subsidiary, has signed Anagreement to acquire the new applications of abbreviated medicines of the Wockardt USFDA. Topiramate is indicated as a treatment for epilepsy and migraine. The market size of the Topiramate tablet in the US. It was around $ 111.47 million (Mat December 2024) as for IQVIA.
Cyient Ltd has said that its total property subsidiary of Cyientary Inc
BMW Industries has received a work order worth ₹ 1,764 Crore Tata Steel for the processing and conversion of coils in their works of Jamshedpur for a period until March 31, 2029. This work order is in the ordinary course of the company and is stowed, the estimate is in danger.
Fortis Healthcare has informed the exchanges that the fiscal demand of ₹ 89.53-Rore raised against its material subsidiary, Fortis Hospitals Limited, has been reduced to NIL after a rectification order issued by the rental tax department.
Power & Instrumentation (Gujarat) has received a work order worth ₹ 21.40-CORE (including GST) from Nyati Engineering & Construction for design, supply, installation, tests, implementation and management of the client or the electrical work system of the power supply system.
RESULTS CALENDAR: Godrej Consumer Products, Bank of Baroda, CG Power & Industrial Solutions, HPCl, BSE, Polycab, One 97 Communications, Radico Khaitan, Kei Industries, Poly Medicure, Pyramal Enterprises, Kansai Nerolac, Aadhar Housing Finance, Fashions, Almbic Pharmaggon, Aptus Value Value Finance, Jobm, Mahango, Mahanagar, Fashions Vedant Fashin Kajaria Ceramics, Paradep Phsophates, Safari Industries, Emudhra, Avalon Technologies, Sussandam Clayton, Aarti Drugs, Quick Heal, Ador Welding, Century Enka, TNPL, National Peroxide.
Posted on May 6, 2025